G Mining Ventures Corp. Reports Significant Gold Production Increase in Q2
July 11th, 2025 5:30 PM
By: Newsworthy Staff
G Mining Ventures Corp. achieved a 20% increase in gold production in Q2 2025 at its Tocantinzinho Gold Mine, nearing nameplate throughput and improving recovery rates.
G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) announced a notable achievement in its second quarter 2025 operations, with gold production reaching 42,587 ounces at the Tocantinzinho Gold Mine in Pará, Brazil. This represents a 20% increase compared to the first quarter. The processing plant's performance was a key factor, averaging 12,890 tonnes per day over a 30-day period and achieving 86% of nameplate capacity with an average quarterly throughput of 11,100 tpd. Additionally, recovery rates saw an improvement to 90.3%, up from 87.7% in the previous quarter, while mining rates increased by 18% to 47,900 tpd. CEO Louis-Pierre Gignac highlighted the successful upgrades to the SAG mill liners as a significant contributor to these results and confirmed the company's trajectory towards meeting its 2025 production goals. The quarter also stood out for its safety record, with no lost time or recordable incidents reported.
Source Statement
This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,
