Canadian Company to Invest R$ 3 Billion to Extract Tons of Gold in Brazil by 2027, Boosting the Economy and Creating Jobs for the Population

Written by Ruth Rodrigues

Published on 27/01/2026 at 17:36

Updated on 27/01/2026 at 17:37

A G Mining Ventures Corp., empresa canadense, vai investir R$ 3 bilhões para extrair toneladas de ouro no Brasil. Veja projeções de produção e custos até 2027.

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G Mining Ventures Corp., a Canadian Company, Will Invest R$ 3 Billion to Extract Tons of Gold in Brazil. See Production and Cost Projections Until 2027.

The Canadian giant G Mining Ventures Corp. announced a historic investment of R$ 3 billion to extract tons of gold in Brazilian territory.

The focus is on the Tocantinzinho Gold Mine (TZ), located in Pará, and projects are expected to extend until the 2026/2027 biennium, with production concentrated mainly in the second semester of each year.

According to the company, the expectation is to produce between 160,000 and 190,000 ounces of gold this year, a volume slightly higher than what was registered in 2025.

ARTICLE CONTINUES BELOW

Investment in Gold and Detailed Operating Costs

G Mining projects operating costs of US$ 736 to US$ 865 per ounce of gold sold, while total maintenance costs are expected to vary between US$ 1,230 and US$ 1,444 per ounce.

The capital allocated for mine maintenance in 2026 will be US$ 69 million to US$ 81 million, including US$ 31 million to US$ 36 million aimed at waste removal.

In addition, the 2026 exploration program will be the largest in the corporation’s history, with a total budget expected between US$ 42 million and US$ 50 million, reinforcing the company’s commitment to the sustainable expansion of production.

International Expansion and New Projects

Alongside Brazil, G Mining is investing in the Oko West project in Guyana, with capital expected between US$ 514 million and US$ 568 million in 2026.

The objective is to accelerate gold production and consolidate the company’s presence in South America, ensuring consistent returns to shareholders.

According to the president and CEO of G Mining, Louis-Pierre Gignac:

“In TZ, we expect stable production while maintaining a competitive cost structure. In Oko West, project development is progressing as planned, supporting our goal of achieving first gold production in the second semester of 2027. With a solid balance sheet and continuous free cash flow generation, G Mining remains well-positioned to fund its growth initiatives.”

Economic Impact of the Company’s Investment

The Canadian investment promises to stimulate the local economy in Pará, generating direct and indirect jobs, as well as boosting sectors related to mining and logistics.

Experts highlight that large-scale projects like this can transform the region into an international mineral production hub.

Meanwhile, G Mining reinforces its commitment to operational efficiency, sustainability, and responsible expansion.

The Canadian company demonstrates with this plan that it aims not only to increase its gold production but also to establish itself as a global reference in the sector.

With an investment of R$ 3 billion and clear production targets, G Mining Ventures Corp. sets new standards for gold mining in Brazil.

The investment reinforces the country’s prominence in the global precious metals market and shows how foreign companies continue to bet on Brazilian potential, combining technology, capital, and international expertise.

With information from Diário da Região.

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JOEL SOARES CampBell

#230712

29/01/2026 14:39

Infelizmente a culpa de nossas riquezas um dia acabarem é dos governantes por serem ganancioso e darem tudo prós extrageiro….vai melhorar alguma coisa pra população não mas pra eles sim que se devidem as propinas entre si e o Brasil cada vez mas afundando em dividas e a culpa e dos que pagam os impostos….

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Leonardo Pereira Carvalho

#230707

29/01/2026 14:27

Se não tivesse tanto **** no governo essa riqueza era pra nós explorar não povo de fora..

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Neiva oliveira costa

#230556

29/01/2026 07:32

Isso é uma vergonha pra sociedade Brasileira 🇧🇷 liberar as NOSSAS RIQUEZAS NATURAIS PRA EMPRESA DE OUTRO PAÍS. NÃO CONCORDO.

( RORAIMA É O ELDORADO DA AMAZÔNIA BRASILEIRA 🇧🇷
JÁ PENSOU UMA EMPRESA DESSA NOS MUNICÍPIOS DE UIRAMUTÃ, NORMANDIA, BONFIM,PACARAIMA, ALTO ALEGRE, MUCAJAI, IRACEMA ) Levar TUDO que temos lá??? ).

O MINÉRIO É NOSSO TEM QUE SER EXPLORADO PELOS BRASILEIROS 🇧🇷. simplesmente assim.

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Canadian Company to Invest R$ 3 Billion to Extract Tons of Gold in Brazil by 2027, Boosting the Economy and Creating Jobs for the Population

G Mining Ventures Corp., a Canadian Company, Will Invest R$ 3 Billion to Extract Tons of Gold in Brazil. See Production and Cost Projections Until 2027.

Investment in Gold and Detailed Operating Costs

International Expansion and New Projects

Economic Impact of the Company’s Investment

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Canadian Company to Invest R$ 3 Billion to Extract Tons of Gold in Brazil by 2027, Boosting the Economy and Creating Jobs for the Population

G Mining Ventures Corp., a Canadian Company, Will Invest R$ 3 Billion to Extract Tons of Gold in Brazil. See Production and Cost Projections Until 2027.

Investment in Gold and Detailed Operating Costs

International Expansion and New Projects

Economic Impact of the Company’s Investment

While an average building in London or New York takes three years to be completed, in China a 26-story tower went up in five days with about 100 workers, and the global modular construction market already moves US$ 95 billion per year.

Australia installs giant concrete structures on the seabed 800 meters from the shore to create an ocean intake for desalination that will draw in saltwater and produce 30 million liters of drinking water per day.

A public school student single-handedly created a machine capable of treating water for up to 50 people using only solar energy. It was awarded third place at one of the most important science fairs in the world.

Goodbye traditional washing machine: Panasonic surprises housewives with the NA-G5 featuring four drums, a 13 kg washer and dryer, a 12 kg dryer, independent mini washers, a heat pump, and a 4-in-1 system awarded at the German Design Award.

While cities spend fortunes patching potholes and tons of plastic become waste, the Netherlands transforms over 218,000 recycled cups into a modular bike path that can conceal drainage, cables, and pipes.

While communities suffer from water scarcity and the advancing desert, women in Morocco use nets high up in the mountains to trap fog droplets, fill reservoirs, and transport drinking water through more than 10 km of piping.

Changan and Chery promise mass production of solid-state batteries with 1,500 kilometers of range in 2027 while Tesla still uses lithium and Toyota only promises to deliver theirs in 2028.

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