G Mining Ventures Corp. (GMIN) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to G-Mining Ventures' 4th Quarter and Full Year 2025 Results Conference Call. All participants are in a listen-only mode. Following prepared remarks, we will open the line for questions. Please note that today's call is being recorded. I will now turn the call over to John Francois Lemond, Vice President, Investor Relations. Thank you, operator. Good morning, and thank you all for joining us for G-Mining Ventures' fourth quarter and full year 2025 results conference call. I am Jean-François Lamont, VP of Investor Relations. Our earnings release that was issued yesterday, along with today's presentation, are available on our website. On the call today with us is Louis-Claire Juniac, President and Chief Executive Officer, Julie Lafleur, Chief Financial Officer and Vice President of Finance. I would like to remind everyone that we will be making forward-looking statements during this call. Please refer to the cautionary notes and risk disclosure in RMDNA, as well as slide 2 of the webcast presentation. Now, I will turn it over to Louis Pierre to provide you with an overview. Thank you, J.F. G-Mining Ventures delivered strong record financial results for our first full year of commercial production at TVE. driven by a strong operational performance, disciplined cost control, and a supportive gold price environment. We finished the year with a solid fourth quarter, producing 47,000 ounces of gold at a total cash cost of $808 per ounce, and an all-in sustaining cost of $1,245 per ounce. Costs increased quarter over quarter, primarily due to higher royalties and lower gold sales volumes during the period. With a high all-in sustaining cost margin of $2,657 per ounce, TZ delivered approximately $80 million of free cash flow in the quarter. For the fu...