G Mining Ventures Achieves Significant Financial Milestones in Q3 2025

Financial Highlights

G Mining Ventures Corp. (GMIN) has made impressive strides in its operations during the third quarter of 2025, showcasing remarkable financial and operational results that underline the company's commitment to becoming a major player in the gold mining industry. With significant increases in both gold production and revenues, GMIN is solidifying its position in the competitive market.

Production Performance

In Q3 2025, GMIN produced 46,360 ounces of gold, marking a 9% increase from the previous quarter and bringing the year-to-date total to 124,525 ounces. This surge in production is attributed to consistent throughput and high recovery rates at the Tocantinzinho Gold Mine. Notably, the average processed gold grade reached 1.43 g/t, reflecting the excellent management of mining operations.

Financial Achievements

Accompanying the production boosts were substantial financial gains. The company reported revenues of $161.7 million for Q3, a stark contrast to the $42.997 million recorded during the same period in the previous year. This revenue growth is largely supported by an average realized gold price of $3,292 per ounce. Furthermore, GMIN achieved record free cash flow of $95.8 million, representing a staggering 59% increase from Q2 2025.

Adjusted EBITDA for the quarter stood at $122.6 million, with a corresponding net income of $123.8 million, or $0.55 per share. In light of these positive results, the company is focused on maintaining its low-cost operational model, reporting an all-in sustaining cost (AISC) of $1,046 per ounce sold.

Ongoing Expansion Initiatives

GMIN is not resting on its laurels; the company is entering the next growth phase with the Oko West project, which has recently secured final environmental permits and is now progressing to full construction. With $387.5 million in project financing already in place, the company is well-positioned to begin this next chapter of disciplined, self-funded growth, focusing on building long-term, low-cost operations that promise sustainable returns for shareholders.

Louis-Pierre Gignac, President and CEO of GMIN, expressed optimism about the company's trajectory, stating that they are now positioned among the lowest-cost producers in the Americas. This achievement positions GMIN uniquely for future expansion as it transitions into a multi-asset producer, with Oko West under construction and further advancements at Gurupi, which is progressing through environmental and permitting stages.

Key Strategic Decisions

During the quarter, GMIN made several strategic decisions that further strengthen its balance sheet and advanced its project development agenda. Most notably, the approval for SUDAM tax incentives will significantly lower the company’s corporate tax rate in Brazil, set to drop from 34% to approximately 15.25% for a period of ten years. This approval enhances GMIN's financial flexibility and positions it well for future profitability.

Additionally, the favorable Federal Court ruling removed historical permitting constraints at Gurupi, allowing GMIN to proceed with a new environmental licensing process. The company's proactive approach in re-engaging local stakeholders and initiating fieldwork has set a solid foundation for exploration initiatives at all its projects.

ESG and Community Commitment

GMIN continues to prioritize environmental, social, and governance (ESG) practices, evidenced by significant investments in local employment and safety measures. With 82% of its workforce sourced locally from Pará State and sustained low incident rates in safety, GMIN is reinforcing its commitment to responsible mining practices while upholding community relations as a core operational focus.

Future Outlook

Looking towards the end of 2025 and beyond, GMIN has reaffirmed its production guidance of 175,000–200,000 ounces of gold, with AISC expected to stay within the $1,025–$1,155 per ounce range. This forecast is predicated on calculated market expectations, further operational enhancements, and ongoing management discipline. GMIN's strong financial performance positions it to effectively navigate the dynamic landscape of gold mining, ensuring robust cash generation that will fuel its next phase of growth.

As G Mining Ventures Corporation moves forward, its focus will remain on developing sustainable practices, capitalizing on emerging opportunities, and delivering value to its shareholders. The upcoming developments at Oko West and continuing operations at Tocantinzinho and Gurupi highlight GMIN's strategic growth approach, poised to transform its ambitious targets into reality.

In summary, G Mining Ventures Corp. is not just on a path of continued financial success; it is laying the groundwork for a promising future in the precious metals sector through responsible growth and innovation.