Northwire Canada EditionMonday, August 3, 2026
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S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

G Mining Ventures Provides 2026 and 2027 Operational Outlook

G Mining Targets 500k Ounce Profile via Oko West Construction Amid Optimistic $4,000 Gold Forecasts

By The Northwire Desk — AI Analysis Jan 20, 2026 · 06:30 GMIN · 43.17 G Mining Ventures Corp.
Executive Summary

The most recent news (January 20, 2026) provides a two-year operational outlook for 2026 and 2027. G Mining (GMIN) expects its flagship Tocantinzinho (TZ) mine to produce 160,000 to 190,000 ounces of gold in 2026, increasing to 200,000 to 235,000 ounces in 2027. Crucially, these figures exclude production from the Oko West project in Guyana, which is on schedule for first gold in H2 2027. The company reports that 44% of Oko West’s total upfront capital ($423 million) is already committed, with engineering at 60%. Financial assumptions for this outlook are notably aggressive, utilizing a realized gold price of $4,000/oz.

Material Impact
  • Operational Execution: While the 2026-2027 outlook is robust, a retrospective check against historical news reveals a minor miss. In November 2025, management guided for 175,000–200,000 oz of gold for FY2025. However, the January 13, 2026, release confirmed actual 2025 production was 171,871 oz—falling below the low end of their own range.
  • Aggressive Assumptions: The use of a $4,000/oz gold price for 2026/2027 guidance is highly optimistic. While gold has trended upward, this assumption significantly pads the projected margins. A reversion in gold prices would materially impact the "self-funding" nature of the Oko West construction.
  • Oko West Progress: Receiving the 20-year mining license (December 2025) and maintaining the H2 2027 production timeline is a major de-risking event. The commitment of 44% of capex suggests the project is well past the "planning" stage and firmly into execution.
  • Tax Efficiency: The approval of the SUDAM tax incentive (October 2025) effectively cutting the corporate tax rate from 34% to 15.25% for 10 years is a material driver for free cash flow, which is being recycled into Oko West.
GMIN · Price
Company Overview

G Mining Ventures is a gold producer that recently transitioned into the "build" phase of its second major asset. - Tocantinzinho (TZ), Brazil: Currently in production. It is a large-scale, open-pit mine. - Oko West, Guyana: The next flagship project, currently under construction. Targeted to produce 350,000 oz/year once fully operational. - Gurupi, Brazil: An exploration-stage asset providing a longer-term growth pipeline.

Read the original news release →

More from G Mining Ventures Corp.

Jul 29, 2026 · 08:32

G closes G2 deal, consolidating the Oko district into a tier-one Guyana hub.

M&A / Property Jul 13, 2026 · 07:00

G confirms the July closing of its G2 acquisition, a transaction the market has already priced in.

M&A / Property Jul 09, 2026 · 07:59

G reports a 16% quarter-on-quarter rise in Q2 output, remaining on track for full-year guided production with a second-half grade uplift.

Production / Operations Jun 05, 2026 · 08:30

G’s ESG report confirms the Oko West project is on track for construction ahead of the G2 merger.

Production / Operations May 13, 2026 · 18:03

G Mining Posts Record Margins as Gold-Fueled Cash Engines Rev Up for Oko West

Earnings May 05, 2026 · 06:30

GMIN Construction Update Validates Oko West Budget Amidst Market Consolidation

Production / Operations