G Mining Ventures (GMIN) - $480M Financed to 300,000oz Gold Production
G Mining Ventures was established in 2020 to acquire direct ownership of projects and capitalize on the value upliftment that successful mine development offers. The company is focused on developing its Tocantinzinho gold project into the third-largest gold producer in Brazil. The Tocantinzinho gold project is a fully permitted, open-pit gold deposit that hosts 2 million ounces of gold and is open at depth. The Tocantinzinho gold project was acquired by G Mining Ventures in late 2021 from Eldorado Gold Corp., which invested over USD$ 90 million into the project.
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