JUNIORMETRICS
Gold$4,479.95/oz
Silver$66.98/oz
Copper$6.00/lb

G Mining Ventures Corp.

GMINF·GMIN·$38.39·$7.3B cap
GoldTocantinzinho Gold Mine, Para State, Brazil Map

G Mining Ventures operates the 100%-owned Tocantinzinho open-pit gold mine in Para State, Brazil, targeting 2026 gold production of 160,000-190,000 ounces at an all-in sustaining cost of US$1,230-1,444 per ounce. GMIN is also advancing the Oko West gold project in Guyana (acquired via its 2024 purchase of Reunion Gold Corporation), which it consolidated with the neighboring Oko-Ghanie project on July 29, 2026 by completing its acquisition of G2 Goldfields Inc. via a court-approved plan of arrangement, creating a single Tier-1 Oko Project.

Notable vs. Peers

  • Jurisdiction risk score of 6/10 is meaningfully riskier than the peer average of 7.8/10.
  • All-in sustaining cost of $1,588/oz is 19% lower than the peer producer average of $1,960/oz.

Lifecycle Milestones

Grassroots
Resource Def.
PEA
PFS
Feasibility
Permitting
Construction
ProductionCurrent

Construction Milestones

5 of 5 reached
  1. Sep 2022 · SEMAS (Para State environmental agency) installation licenses for the transmission line, landfill, concrete plant, fuel station and tailings dam reported as valid/extended in the same release that announced the formal construction decision. · Source
  2. Sep 2022 · Board's formal construction decision for Tocantinzinho, announced with $136M already committed to procurement/long-lead items and detailed engineering 30% complete. · Source
  3. Sep 2022 · No separately dated 'construction start' release found distinct from the formal construction decision -- the same release reports early-works activities already complete/underway, so this is dated to the decision announcement rather than an invented later date. · Source
  4. Jul 2024 · First gold pour at Tocantinzinho (~440 oz), less than two years after the formal construction decision. · Source
  5. Sep 2024 · Declared after 30 consecutive days at >=60% of nameplate throughput (12,890 tpd); August 2024 mill averaged 76% of nameplate at 88% recovery. · Source

Milestones are recorded only from a company's own dated disclosure. A milestone with no date shown is one we can confirm was reached but for which no date was disclosed — we don't estimate one. "Not yet reached" means exactly that, not that a date is missing. An "Expected" line likewise only ever reflects the company's own guidance (e.g. a study or permit decision targeted for a stated quarter) — most not-yet-reached milestones have none, and that absence means no such guidance has been disclosed, not that one is overdue.

10/10
Weak track recordStrong track record
6.2/10
Thin runwayWell-capitalized
6/10
High riskLow risk
How this is calculated
5.5/10
Weaker depositStronger deposit
6.9/10
Weaker profileStronger profile
Price Chart
$12.72$21.14$40.69$24.30$38.39AugNovMarJunSep
Aug 12, 2025Sep 4, 2026
News
$38.39
+169.7%from low-9.2%from high
$14.24$42.26
See who ↓
24.8%
Low alignmentHigh alignment
See who ↓
49.5%
Low alignmentHigh alignment
$7.3B
Far belowFar above
$557.1M median
Price (USD - Local)
$38.39 - CAD 53.13
Cash Position (USD)
$284.2M
Far belowFar above
$90.6M median
Debt (USD)
$39.5M
Far aboveFar below
$5.7M median
$7B
Far belowFar above
$486M median
237.7M
Far aboveFar below
305.4M median
Jurisdiction
Brazil
1,874,000 oz
Far belowFar above
1.3M median
$3,738.25/oz
Far aboveFar below
$157.18/oz median
0.0341 oz/tCut-off: 0.30 g/t Au (open pit, 2022 Feasibility Study)
Far belowFar above
0.04 oz/t median
Open pit
10.5 yrs
Far belowFar above
11 yrs median
$1,588/oz
@5%$622M(at $1,600/oz)
Far belowFar above
$596.9M median
11.66x
Far aboveFar below
0.40x median
This company's data hasn't been researched yet
Not enough peer data yet
$1,600/oz64% below spot ($4,480/oz)
24%
Far belowFar above
43% median
24.8%
0%100%
19.1% median
49.5%
0%100%
3% median
1245 kmfrom Zijin Mining Group's Rosebel
Outside typical bolt-on range
$35.1M
Far belowFar above
$44.1M median
$0.148
Far belowFar above
$0.15 median
206.35x
Far aboveFar below
22.53x median
-$162.2M
Far belowFar above
$524.2M median
-$0.682
Far belowFar above
$2.11 median
Acquisition Susceptibility
3.4/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.

Overall Score Trend
+11.3% since 2026-07-26 · -2.8% from peak

Your Rankings

Community Sentiment
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Management Team

President, Chief Executive Officer and Director of G Mining Ventures Corp. since Nov 2020 (via a Change of Management Agreement that converted the former Kanadario Gold Inc. into GMIN). More than 20 years of mining industry experience in project development, open-pit expertise, financial modeling and economic evaluation. Before GMIN, Co-President of G Mining Services Inc. (GMS), a family-owned mining engineering and construction consultancy -- GMIN and GMS remain formally separate, arm's-length companies under a Master Services Agreement. Independent Director of Major Drilling Group International Inc. since 2018; Director of Avala Resources Ltd. since 2015. Bachelor of Mining Engineering, McGill University; Master's (Applied Science, Industrial Engineering), Ecole Polytechnique de Montreal; CFA Charterholder.

Vice President, Finance and Chief Financial Officer of G Mining Ventures Corp. since 16 Dec 2020 -- CPA, CA (Quebec, since 1998), with 20 years of mining-industry finance experience across multiple jurisdictions and major mining companies. After 4 years at Raymond Chabot Grant Thornton, joined Cambior Inc. as Senior Accounting Analyst, then held positions of increasing responsibility with Niobec Inc. (2004-2008), IAMGOLD's Essakane S.A. subsidiary in Burkina Faso (2008-2014, linked to IMG), Newmont Suriname, LLC (2014-2017, linked to NEM), and Aurelian Ecuador S.A., a Lundin Gold Inc. subsidiary (2017-2020, linked to LUG), before joining GMIN. Previously had only a minimal auto-generated Person record in this DB from SEC insider-transaction filings, with no role history -- now fully backfilled.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money

Task #172 gate batch: smartMoneyScore rubric (playbook §7.6) applied 2026-08-15 -- GATED: marketCapUsd $7.25B >= $5.0B applicability threshold. At this size, index membership (GDX, S&P/TSX 60, Russell 1000) mechanically dominates the shareholder register, so absence of a visible specialist bet carries no information. RESEARCHED_UNKNOWN per playbook §6.4/§7.6.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

We haven't parsed this company's PEA/PFS/FS recommendations yet — cut-off grade, mine life, DCF/NPV, and the report's own next-steps guidance are a planned research pass, not live data for every company yet.