Northwire Canada EditionSaturday, July 25, 2026
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B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Production / Operations

Junior Gold Miners Take the Lead as 2026 Prices Rise

Intermediate Status Beckons as Oko West Construction De-risks G Mining’s Multi-Asset Strategy

By The Northwire Desk — AI Analysis Jan 28, 2026 · 09:20 GMIN · 50.74 G Mining Ventures Corp.
Executive Summary

The most recent news (January 20, 2026) provides operational guidance for 2026 and 2027. For 2026, the Tocantinzinho (TZ) mine is expected to produce 160,000–190,000 ounces of gold at an All-In Sustaining Cost (AISC) of $1,230–$1,444/oz. For 2027, TZ production is expected to increase to 200,000–235,000 ounces. Crucially, the Oko West project is on schedule for first gold in H2 2027, with 44% of upfront capital ($423 million) already committed and engineering at 60%. Previous news from January 13, 2026, confirmed that GMIN met its 2025 production goals, producing 171,871 ounces at TZ.

Material Impact
  • Operational Transition: The guidance confirms GMIN is successfully transitioning from a single-asset developer to a multi-asset producer. The 25% projected production increase at TZ for 2027 (vs 2026 midpoint) demonstrates continued optimization.
  • Project De-risking: Securing the 20-year Mining License for Oko West (Dec 8, 2025) and making the formal construction decision (Oct 23, 2025) are material de-risking events. The project is no longer speculative but in active execution.
  • Financial Optics: The company achieved record Q3 2025 net income ($123.8M) and secured a non-dilutive $387.5M financing package. However, the use of a $4,000/oz gold price assumption in the 2026-2027 guidance is exceptionally aggressive and potentially masks the margin pressure if spot prices trade lower.
  • Tax Efficiency: The approval of the SUDAM tax incentive (Oct 2, 2025), reducing the corporate rate from 34% to 15.25%, materially enhances the Net Present Value (NPV) of the Brazilian operations.
GMIN · Price
Company Overview

G Mining Ventures Corp. is a gold producer and developer. Its flagship operating asset is the 100%-owned Tocantinzinho (TZ) Gold Mine in Pará State, Brazil, which achieved commercial production in 2025. Its primary growth project is the Oko West Gold Project in Guyana, acquired via the Reunion Gold acquisition. GMIN employs a "self-perform" construction model, leveraging G Mining Services (a related party) to build mines on time and on budget.

Read the original news release →

More from G Mining Ventures Corp.

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 May 04, 2026 · 09:00

G Mining Ventures Consolidates Guyana Assets Amid Sector Rally; Oko West Construction On Track

Drill Results