G Mining Ventures Corp (TSX:GMIN, OTCQX:GMINF) reported third quarter 2025 gold production that rose 9% quarter over quarter to 46,360 ounces, boosted by continued strong throughput and recoveries at its Tocantinzinho Gold Mine in Brazil.
The mining company also posted record free cash flow for the quarter of US$95.8 million, an increase of 59% from Q2 2025, on a record US$161.7 million in revenue.
"The third quarter marked a defining period for GMIN," G Mining Ventures CEO Louis-Pierre Gignac said in a statement.
"Tocantinzinho is now operating at steady state—delivering record production, free cash flow, and margins that position us among the lowest-cost producers in the Americas."
G Mining Ventures generated net income for the period of US$123.8 million, or US$0.55 per share.
The company also realized an all-in sustaining cost (AISC) per ounce of gold sold in Q3 of US$1,046, while selling its gold at an average price of US$3,114 per ounce.
As well, G Mining Ventures reaffirmed its 2025 production guidance of 175,000 to 200,000 ounces of gold, with AISC expected to remain within the US$1,025 to $1,155 per ounce range.
Looking ahead to Q4, the company expects to advance detailed engineering and continue early works activities at Oko West and continue environmental permitting activities at Gurupi.
It also plans to launch a 10-kilometre drill program at Gurupi, following recent permitting advances and preparatory work completed in Q3.