G Mining Ventures: Intermediate Gold Producer | Louis-Pierre Gignac and Jimmy Connor
Description
G Mining Ventures (TSX:GMIN | OTCQX: GMINF) is a gold producer with with 1 operating mine called Tocantinzinho (TZ) situated in Brazil. When in full-production, TZ will be producing 175k ozs annually. G Mining has a second project called Oko West and it is based on Guyana. Oko West has a resource of 5.9 million ozs and G Mining will work toward bringing Oko West into production in the coming years.
G Mining Ventures https://gmin.gold/en-US/
The G Mining story is a fascinating one and the following is from the G Mining Ventures website.
"The G Mining story begins with Louis Gignac Sr., Chairman of the Board, 2016 Canadian Mining Hall of Fame inductee. Mr. Gignac Sr. is best known for building Quebec-based Cambior Inc. into an international gold producer. Throughout Cambior’s history, the company was renowned for the construction and development of its own projects rather than relying on the more conventional approach of outsourcing by awarding EPCM contracts. After 20 years, Cambior was acquired in 2006 for US$1.3 billion, sparking the creation of the family owned engineering and consulting firm, G Mining Services (GMS).
Over the next 15 years, GMS would become a leader in mining project execution, using the same “self-perform” approach to generate value for the likes of Newmont Corporation and the Lundin Group. With a combined construction cost of $2 billion, GMS has delivered 100% of its projects at or below budget, and on schedule.
In 2020, G Mining Ventures (GMIN) was created to acquire direct ownership of projects and capitalize on the value uplift that successful mine development offers. Leading the company is Louis-Pierre Gignac, CEO and Director, an experienced mining engineer who has been with GMS from the outset. With strong access to capital via a supportive shareholder base coupled with proven development expertise, we are well position to grow the company into the next mid-tier precious metal producer."
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