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The latest update is out from G Mining Ventures ( (TSE:GMIN) ).
G Mining Ventures has announced its 2025 production and cost guidance, highlighting plans to increase gold production at the Tocantinzinho Gold Mine to between 175,000 and 200,000 ounces. The company aims to enhance operational efficiency and control costs, with cash costs projected between $590 and $655 per ounce sold and all-in sustaining costs estimated between $995 and $1,125 per ounce. Additionally, G Mining Ventures is focusing on advancing the Oko West Gold Project and Gurupi exploration Project, with significant investments planned for exploration and development activities. These initiatives are expected to support the company’s growth strategy and improve its industry positioning by uncovering low-cost, high-value gold reserves.
More about G Mining Ventures
G Mining Ventures Corp. operates in the gold mining industry, focusing on developing and managing gold mining projects. Its primary operations include the Tocantinzinho Gold Mine in Brazil and exploration projects such as the Oko West Gold Project in Guyana and the Gurupi exploration Project in Brazil.
YTD Price Performance: 9.96%
Average Trading Volume: 30,524
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.98B
For detailed information about GMIN stock, go to TipRanks’ Stock Analysis page.