Blockchain Registration Transaction Record

G Mining Ventures Secures Major Tax Incentive for Brazilian Gold Mine

G Mining Ventures receives 10-year tax incentive reducing corporate tax rate from 34% to 15.25% for Tocantinzinho Gold Mine in Brazil, boosting profitability and funding growth projects.

This tax incentive approval significantly enhances the financial viability of G Mining Ventures' Tocantinzinho Gold Mine, reducing corporate tax rates by more than half for a decade. For investors, this translates to improved profitability, stronger cash flow generation, and enhanced funding capacity for the company's growth projects in Guyana and Brazil. The reduced tax burden makes the mine more competitive globally and increases shareholder value potential. For the mining sector, it demonstrates Brazil's commitment to attracting foreign investment in resource development while supporting regional economic growth in the Amazon region through strategic tax policies.