08:52 AM EST, 01/08/2025 (MT Newswires) -- G Mining Ventures ( GMINF ) on Wednesday said it produced 40,147 ounces of gold in the fourth-quarter.

Gold sales reached 39,938 ounces in the final quarter of 2024 and 57,082 ounces in the full year. The company said the difference between gold sold and gold produced was due to the timing of pours at year end and gold in circuit.

"Our 2024 milestones mark important steps in G Mining's ( GMINF ) evolution from developer to producer, and reflect our strategic execution, backed by a best-in-class management team, strong partnerships, and a high-quality portfolio of long-life, low-cost assets that offer multiple value-creation catalysts," President and CEO Louis-Pierre Gignac said.

G Mining's ( GMINF ) share price rose 6.1% on Tuesday to $12.26 on the TSX.