#Canada #Brossard #G Mining Ventures #GMIN #Tocantinzinho

G Mining Ventures Reports Strong Q2 2025 Results

G Mining Ventures Corp. (trading symbol: GMIN) has released impressive financial and operational results for the second quarter of 2025, reflecting a marked increase in gold production and substantial profits. This report provides an overview of the encouraging milestones achieved by the company.

Operational Highlights

In Q2 2025, G Mining Ventures saw gold production rise to 42,587 ounces, marking a 20% increase compared to the previous quarter. This growth is attributed to the efficient ramp-up of operations at the Tocantinzinho (TZ) processing plant, which managed to achieve a throughput of 12,890 tonnes per day, in line with its designed capacity. Such efficiency has resulted in record free cash flow of $60.2 million, alongside a notable cash balance of $156.1 million by the end of the quarter.

The company's revenue for this period reached $129.6 million, which represents a 32% increase over previous quarters, driven by higher gold sales and a favorable gold price environment. The average realized gold price during the quarter stood at $3,233 per ounce, a significant boost compared to prior periods.

Furthermore, G Mining’s all-in sustaining cost (AISC) tumbled to $1,355 per ounce, compared to last year’s figures, providing a strong margin in the current gold price landscape.

Financial Metrics

G Mining’s net income soared to $48.6 million, translating to $0.21 per share, a stark contrast to the loss recorded in the same period last year. This stellar performance has positioned the firm favorably in the competitive gold mining sector, continuously enhancing its profitability amid fluctuating market conditions.

Furthermore, the corporation's EBITDA stood at $104.3 million, bolstered by disciplined management of operational costs which is indicative of effective strategic planning. Reported adjusted EBITDA hit $92.9 million, reinforcing the company's robust operational framework.

Project Advancements

Apart from the impressive financial statistics, G Mine's long-term projects show promising progress. Work at the Oko West project is underway, with $63 million allocated for development activities. This project is positioned to be a low-cost and high-margin operation, anticipated to contribute significantly to G Mining's production capabilities in the future.

Meanwhile, the Gurupi Project has also received regulatory clarity following a favorable court ruling that lifts previous constraints. This breakthrough allows G Mining Ventures to pursue essential permits and positions the project for future development activities.

Sustainability and ESG Reporting

G Mining Ventures has been proactive in enhancing its environmental, social, and governance (ESG) initiatives. The publication of the 2024 ESG report showcased the company's commitment to sustainability, including its total recordable injury frequency rate of 0.08, reforestation of 33 hectares, and extensive community engagement initiatives.

The company plans further expansion of its reforestation efforts and active stakeholder programs to reinforce its commitment to social responsibility and environmental stewardship.

Conclusion

As G Mining Ventures continues to solidify its foothold in the gold mining industry, the second quarter of 2025 serves as a testament to its growth potential and operational prowess. With robust cash flow, strategic project advancements, and a commitment to sustainable practices, G Mining Ventures is on a promising trajectory towards becoming a leading mid-tier gold producer. Stakeholders can look forward to further developments as the company embarks on its next phases of expansion and operational excellence.