GoldMining Inc. Announces Management Change for Enhanced Operations in Brazil

Management Change at GoldMining Inc.

On January 2, 2026, GoldMining Inc. (TSX: GOLD, NYSE American: GLDG) publicly announced a significant change in its management team. Paulo Pereira has stepped down as the President of the Company to take on a new role as Country Manager for Brazil. This strategic move comes as the Company aims to enhance its focus on the Brazilian market and ongoing projects, particularly the São Jorge Project in Pará State.

Alastair Still, who currently serves as the Chief Executive Officer, has taken on the additional responsibilities of President, solidifying his leadership role in steering the company through this transition. This reshuffle is expected to play a crucial role in maximizing operational efficiency and aligning management with GoldMining's overarching goals in Brazil.

Paulo Pereira's New Role

Paulo Pereira has been a vital part of GoldMining since the inception of Brazil Resources Inc., bringing extensive knowledge and expertise to his new position. In his role as Country Manager, he will focus on overseeing the company's Brazilian activities and fostering connections within the local mining industry. His leadership will be pivotal in continuing exploration activities at the São Jorge Project, which has recently completed the most extensive exploration program in the company’s history.

The São Jorge Project is located in the promising Tapajós gold district, an area that has shown significant potential for gold mining. With Pereira at the helm, GoldMining anticipates being able to capitalize on the project's viability and steer it towards successful outcomes. Alastair Still commented on the transition: "Appointing Paulo as Country Manager is a step that enables him to directly engage in efforts that unlock our portfolio's value in Brazil. His depth of experience will undoubtedly help us to navigate the complexities of the Brazilian mining landscape."

The Importance of Brazil in GoldMining's Strategy

GoldMining Inc. has expressed that Brazil is an integral part of its operational strategy. With a diversified portfolio of resource-stage gold and gold-copper projects across the Americas, GoldMining recognizes Brazil’s potential to contribute significantly to its growth trajectory. The company has positioned itself to leverage local resources and expertise while driving project timelines that can result in increased shareholder value.

In addition to the São Jorge Project, GoldMining maintains a significant presence in Brazil, owning several other projects that are in various stages of exploration and development. The company has demonstrated its commitment to responsible mining practices and community engagement, ensuring that its operations align with sustainable development goals.

Future Endeavors and Expectations

As GoldMining Inc. moves forward, the management changes and the concentrated focus on specific projects like the São Jorge will define its next steps in the evolving gold mining landscape. With Alastair Still's direction and Paulo Pereira's insights into Brazilian operations, the company is set to tackle the challenges ahead while aiming to capitalize on growth opportunities.

Moreover, GoldMining’s strategic acquisitions helped build a diversified asset base, including holdings in Gold Royalty Corp, U.S. GoldMining Inc., and NevGold Corp. This strong portfolio positions GoldMining to explore further opportunities for expansion and investment in the precious metals sector.

In conclusion, recent management changes at GoldMining Inc. signals the company’s intent to deepen its involvement in Brazil’s mining sector while striving to unlock the potential of its various projects. With seasoned professionals leading the way, stakeholders can expect focused efforts leading to fruitful outcomes in the near future.