Canada · Delayed Price · Currency is CAD G Mining Ventures Earnings Call Transcripts
Fiscal Year 2026
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Construction at Oko West is nearing completion with first gold expected by next September, while aggressive exploration and expansion plans aim to boost annual production to nearly 1 million ounces across key assets. The company is prioritizing internal growth and capital efficiency following recent M&A activity.
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Q2 2026 saw strong operational and financial results, with gold production and revenue up significantly year-over-year. Oko West construction advanced on schedule, and the acquisition of G2 Goldfields consolidated key assets. Cost guidance was revised upward due to FX impacts.
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Q1 2026 saw strong gold production, robust margins, and significant cash flow, with guidance for 2026 and 2027 reaffirmed. Oko West construction advanced on schedule, and the G2 Goldfields acquisition is set to boost future production scale.
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The acquisition consolidates two adjacent gold projects, unlocking over CAD 1 billion in synergies and creating a top-tier gold asset with annual production expected to exceed 500,000 ounces. The deal is fully funded, highly accretive, and positions the company for significant growth and exploration upside.
Fiscal Year 2025
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Record financial results driven by strong TZ operations, disciplined costs, and high gold prices. Oko West construction and Gurupi exploration advanced, with robust cash flow and low-cost structure supporting growth. 2026–2027 guidance targets higher production and continued margin leadership.
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Record Q3 results featured strong free cash flow, low costs, and robust production at TZ, with Oko West construction advancing and Gurupi exploration ramping up. Guidance remains on track, liquidity is strong, and cost discipline supports sector-leading margins.
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Steady-state operations at TZ drove strong Q2 and H1 results, with production and cash flow in line with guidance. Oko West early works and Gurupi exploration are advancing, while cost control and robust gold prices support margins and a strong balance sheet.
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Q1 delivered strong production, cost control, and cash flow, with TZ operating efficiently and Oko West advancing early works. Guidance for 2025 remains on track, and significant resource growth and feasibility milestones were achieved at Oko West.
Fiscal Year 2024
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Transitioned to a cash flow positive gold producer with strong Q4 and full-year 2024 results, including $145M revenue and $100M adjusted EBITDA. 2025 guidance targets 175–200k oz gold at low costs, with major growth from Oko West and robust exploration plans.
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A four-year-old gold producer is rapidly scaling with three assets at different stages, leveraging a unique in-house project execution model and strong shareholder alignment. Production is set to exceed 500,000 ounces annually by 2028, with growth funded mainly through cash flow.