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G Mining Ventures Ramping up Operations Towards Commercial Production at Tocantinzinho and First Export of Doré
G Mining Ventures Ramping up Operations Towards Commercial Production at Tocantinzinho and First ...
About this update from G Mining Ventures Corp
[{"type":"text","content":"\n\n\n\n G Mining Ventures Ramping up Operations Towards Commercial Production at Tocantinzinho and First Export of Doré\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.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n TSX: 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 First gold exports from Tocantinzinho sold above\n \n $2,400\n \n /oz\n \n\n Commercial production and subsequent ramp-up to nameplate plant capacity of 4.7 million tonnes\n \n per annum\n \n expected to be achieved in H2-24\n \n\n\n\n\n BROSSARD, QC\n \n\n ,\n \n\n Aug. 14, 2024\n \n\n /CNW/ -\n \n G Mining Ventures Corp.\n \n (\"\n \n GMIN\n \n \" or the \"\n \n Corporation\n \n \") (TSX: GMIN) (OTCQX: GMINF) is pleased to announce that it has completed its first exports of doré bars from GMIN's 100%-owned Tocantinzinho Gold Project (\"\n \n TZ\n \n \" or the \"\n \n Project\n \n \") in the State of Pará,\n \n Brazil\n \n , to a refinery in\n \n Switzerland\n \n .\n \n The Project remains on time and budget for commercial production in the second half of 2024.\n \n\n\n\n\n Louis-Pierre Gignac\n \n , President & Chief Executive Officer\n \n , commented: \"\n \n Our first shipments of gold mark another milestone for TZ, and the State of Para in particular, as this shipment represents the first export from a large-scale, modern gold mining operation in the State. With construction officially completed, we kept lost time injury to only one in more than 5.6 million person-hours worked. I want to congratulate the team on a tremendous safety record. I am excited as TZ progresses smoothly toward commercial production in the second half of 2024.\"\n \n\n\n The start of production coincides with an environment of record high gold prices, where\n \n every ounce sold by GMIN was in excess of\n \n $2,400\n \n per ounce\n \n , significantly above budget.\n \n\n The construction team has been demobilized, as they have handed over the Project to the operations team.\n \n\n\n Production Update\n \n\n...