financetom
Business
financetom
/
Business
/
G Mining Ventures Achieves Milestone at Tocantinzinho Mine in Brazil, Releases Q2 Production Results
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
G Mining Ventures Achieves Milestone at Tocantinzinho Mine in Brazil, Releases Q2 Production Results
Jul 8, 2025 7:04 AM

08:59 AM EDT, 07/08/2025 (MT Newswires) -- G Mining Ventures ( GMINF ) said Tuesday that its Tocantinzinho gold mine in Brazil averaged 12,890 tonnes capacity per day over 30 consecutive days.

"Since implementing the new liner, the mill has operated with excellent stability, higher throughput, and robust gold recoveries," said Louis-Pierre Gignac, G Mining's ( GMINF ) president and CEO.

The company produced 42,587 ounces of gold in the second quarter, rising 20% from 35,578 ounces of gold in the first quarter. G Mining ( GMINF ) reaffirmed its 2025 gold production guidance for the Tocantinzinho mine in the range of 175,000 to 200,000 ounces.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Tesla Shares Decline Pre-Bell Following News of Musk Launching Third Party
Tesla Shares Decline Pre-Bell Following News of Musk Launching Third Party
Jul 7, 2025
05:31 AM EDT, 07/07/2025 (MT Newswires) -- Tesla (TSLA) shares were down more than 6% in Monday's premarket activity following news over the weekend that Chief Executive Elon Musk plans to launch a new political party, sparking a fresh round of public sparring with US President Donald Trump. By a factor of 2 to 1, you want a new political...
Apple takes fight against $587 million EU antitrust fine to court
Apple takes fight against $587 million EU antitrust fine to court
Jul 7, 2025
BRUSSELS (Reuters) -Apple ( AAPL ) took a challenge against EU regulators to Europe's second highest court on Monday after they fined it 500 million euros ($587 million) earlier this year for breaching landmark rules aimed at curbing the power of Big Tech. The European Commission in a decision in April said the iPhone maker's technical and commercial restrictions that...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Belgian banks join European Payments Initiative to expand Wero wallet across Europe
Belgian banks join European Payments Initiative to expand Wero wallet across Europe
Jul 7, 2025
July 7 (Reuters) - Five Belgian banks - Argenta, Bank Van Breda, Beobank, Crelan and vdk bank - said on Monday that they were joining the European Payments Initiative and that they would roll out the EPI's digital wallet Wero to their customers next year. WHY IT'S IMPORTANT: The EPI was set up by European banks in a bid to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved