
G Mining Ventures
Building a leading intermediate gold producer while focusing on our employees and host communities first.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
investor investor investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
N/A | €0.0 | round | |
* | $95.9m | Secondary | |
Total Funding | 000k |
CAD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Equity research estimates
G Mining Ventures Corp. operates as a mining-focused company, specializing in the acquisition, exploration, evaluation, and development of precious metal projects. The firm was established in 2017 by a group of experienced mining executives, including Louis Gignac, who serves as the Chairman of the Board. The management team brings a significant track record from their time at G Mining Services Inc., a private consultancy known for its expertise in project management and execution within the mining sector. This background in successfully delivering mining projects on time and on budget forms the strategic foundation of the company's operational approach.
The company's principal asset is the Tocantinzinho Gold Project (TZ Project), located in the Tapajós Gold Province in Pará State, Brazil. G Mining Ventures acquired this project from Eldorado Gold Corporation in 2021, marking a pivotal transition from a consultancy-oriented group to a project developer and operator. The Tocantinzinho project is an open-pit gold mine currently under construction, with commercial production anticipated to commence in the second half of 2024. The project is fully permitted and funded, which significantly de-risks the development timeline and capital structure.
G Mining Ventures' business model is centered on advancing the Tocantinzinho project into a profitable, long-life mining operation. Revenue will be generated directly from the sale of gold produced at the mine. The project benefits from existing infrastructure, including an all-season access road, and is designed to be a low-cost producer, positioning it favorably within the gold market. The company's strategy involves leveraging its team's technical and operational expertise to optimize the development and eventual operation of the mine, creating value for its shareholders through efficient project execution and gold production.
Keywords: gold mining, project development, mineral exploration, precious metals, Tocantinzinho project, Brazil mining, open-pit mining, project financing, resource extraction, asset acquisition
Investments by G Mining Ventures
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