Curated News
By: NewsRamp Editorial Staff
July 09, 2026
G Mining Ventures Q2 Gold Production Surges 16% to 36,845 oz
TLDR
- G Mining Ventures boosts gold output 16% quarter-over-quarter, positioning for strong H2 production and investor gains.
- Tocantinzinho mine processed 11,121 tonnes per day with 91.9% gold recovery, advancing Phase 2 mineralization.
- Increased gold production supports local jobs and economic growth in Brazil, contributing to regional development.
- Record 6.3 million tonnes mined in Q2, with 62% of 2026 output forecast for the second half.
Impact - Why it Matters
This news matters because G Mining Ventures' strong production increase and record mining volumes signal operational efficiency and growth potential, which can positively influence investor confidence and the company's stock performance. The maintained guidance and focus on higher-grade mineralization suggest sustained value creation, impacting shareholders and the broader precious metals market by reinforcing Brazil's position as a key mining jurisdiction.
Summary
G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) has announced a robust preliminary second-quarter gold production of 36,845 ounces from its 100%-owned Tocantinzinho Gold Mine in Brazil, marking a 16% increase over the first quarter. The company's year-to-date production now stands at 68,691 ounces, with gold sales reaching 71,215 ounces. G Mining Ventures is maintaining its full-year production guidance of 160,000 to 190,000 ounces, with expectations that production will be weighted toward the second half of 2026, forecasting about 62% of annual output in H2. The mine processed ore at an average rate of 11,121 tonnes per day with an impressive average gold recovery of 91.9% during the quarter.
The company reported that second-quarter mining reached a record 6.3 million tonnes, driven by accelerated waste stripping and pit development to access higher-grade Phase 2 mineralization. This operational achievement underscores G Mining Ventures' commitment to maximizing output and efficiency at its flagship asset. The company plans to release its full second-quarter financial and operating results on August 12, followed by a conference call on August 13, providing further insight into its performance.
G Mining Ventures Corp. is positioned to grow into the next mid-tier precious metals producer, leveraging strong access to capital and proven development expertise. Beyond Brazil, the company also holds the Gurupi Project and the Oko West Project in Guyana, all within mining-friendly jurisdictions. The latest news and updates relating to GMINF are available in the company's newsroom, and the full press release can be viewed at the provided link. MiningNewsWire, a specialized communications platform, has disseminated this information as part of its Dynamic Brand Portfolio under IBN.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, G Mining Ventures Q2 Gold Production Surges 16% to 36,845 oz
