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G Mining Ventures Achieves Major ESG Milestone with the Signing of Renewable Power Purchase Agreement for Tocantinzinho Gold Project
G Mining Ventures Achieves Major ESG Milestone with the Signing of Renewable Power Purchase Agree...
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[{"type":"text","content":"\n \n \n \n G Mining Ventures Achieves Major ESG Milestone with the Signing of Renewable Power Purchase Agreement for Tocantinzinho Gold Project\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n TSXV: GMIN\n \n \n \n OTCQX: GMINF\n \n \n \n \n \n All amounts are in USD unless stated otherwise\n \n \n \n \n \n Binding, multi-year, power purchase agreement executed, ensuring low-cost and renewably generated power to completely meet the requirement of the Tocantinzinho Project through commissioning, ramp-up and initial years of commercial production\n \n \n All-in cost of electricity ~25% lower than estimates used in the 2022 Feasibility Study, with fixed energy pricing for 2024, 2025 and 2026\n \n \n Guaranteed supply of certified renewable hydroelectric power, with traceability, in line with GMIN's target of being a low CO\n \n 2\n \n emission gold producer\n \n \n \n \n \n BROSSARD, QC\n \n \n ,\n \n \n June 1, 2023\n \n \n /CNW/ -\n \n G Mining Ventures Corp.\n \n (\"\n \n GMIN\n \n \" or the \"\n \n Corporation\n \n \") (TSXV: GMIN) (OTCQX: GMINF) is pleased to announce that it has entered into a power purchase agreement (\"\n \n PPA\n \n \") with Companhia Energética de Minas Gerais (\"\n \n CEMIG\n \n \") and CEMIG Geração e Transmissão S.A., securing low-cost, 100% renewably generated power for its 100% owned Tocantinzinho Gold Project (\"\n \n TZ\n \n \" or the \"\n \n Project\n \n \"). TZ is currently under construction in the State of Pará,\n \n Brazil\n \n and remains on budget and on track for commercial production in H2-2024.\n \n \n \n \n Louis-Pierre Gignac\n \n , President & Chief Executive Officer, commented:\n \n \...