G Mining Ventures' Q2 Gold Production Drops YoY
G Mining Ventures (GMIN.TO) reported gold production of 36,845 ounces from its Tocantinzinho gold mine in Brazil during the second quarter, falling from 42,587 ounces produced a year ago, according to preliminary results. Gold sales in the second quarter totaled 37,439 ounces, down from last year's sales of 40,082 ounces, the miner said Thursday. G Mining said its second-quarter results reflected the sequencing of lower-grade material as mining activities focused on waste stripping and pit advancement. "This work supports access to higher-grade phase two mineralization and positions the operation for a meaningful increase in grade and production in the second half of 2026, in line with our guidance," CEO Louis-Pierre Gignac said. G Mining said its year-to-date gold production hit 68,691 ounces, putting the company on track to achieve its full-year production guidance of 160,000 to 190,000 ounces of gold.
G Mining Ventures (GMIN.TO) reported gold production of 36,845 ounces from its Tocantinzinho gold mine in Brazil during the second quarter, falling from 42,587 ounces produced a year ago, according to preliminary results.
Gold sales in the second quarter totaled 37,439 ounces, down from last year's sales of 40,082 ounces, the miner said Thursday.
G Mining said its second-quarter results reflected the sequencing of lower-grade material as mining activities focused on waste stripping and pit advancement. "This work supports access to higher-grade phase two mineralization and positions the operation for a meaningful increase in grade and production in the second half of 2026, in line with our guidance," CEO Louis-Pierre Gignac said.
G Mining said its year-to-date gold production hit 68,691 ounces, putting the company on track to achieve its full-year production guidance of 160,000 to 190,000 ounces of gold.