G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) has released its operational guidance for 2026 and 2027, detailing production estimates and cost projections for its wholly-owned Tocantinzinho Gold Mine in Pará State, Brazil. The company forecasts gold production of 160,000 to 190,000 ounces in 2026 and 200,000 to 235,000 ounces in 2027, with production weighted toward the second half of 2026 as higher-grade ore becomes available. This guidance reflects the ramp-up of operations and the transition to higher-grade zones, positioning the mine for increased output in the coming years.
Cash operating costs for 2026 are expected to be between $736 and $865 per ounce, with all-in sustaining costs (AISC) ranging from $1,230 to $1,444 per ounce. The company anticipates material cost improvements in 2027, driven by a full-year contribution from Phase 2 ore, which is expected to lower costs as production efficiencies improve. G Mining also outlined sustaining capital expenditures of $69 million to $81 million in 2026, alongside growth capital of $514 million to $568 million to advance the Oko West Gold Project in Guyana. The Oko West project remains on track for first gold production in the second half of 2027, marking a significant milestone for the company's expansion strategy.
G Mining Ventures is focused on becoming a mid-tier precious metals producer by leveraging its development expertise and strong access to capital. The company operates in mining-friendly jurisdictions, with the Tocantinzinho mine and Oko West project serving as key assets. The guidance underscores the company's commitment to disciplined capital allocation and operational excellence, as it navigates the transition from development to production at both sites. Investors can find the full press release here for more details on the company's outlook and project updates.
For the latest news and updates regarding GMINF, visit the company’s newsroom here. The guidance reflects G Mining's strategic focus on maximizing shareholder value through the development of high-quality gold assets in stable jurisdictions.
