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G Mining Ventures Publishes 2024 ESG Report Highlighting Progress on Climate Action, Community Engagement, and Responsible Growth; Announces Management Update
Prnewswire·2025-07-30 10:30

Core Insights - G Mining Ventures Corp. has published its 2024 Environmental, Social, and Governance (ESG) Report, marking a significant transition from mine developer to operator and aiming to become a multi-asset, mid-tier gold producer [1][4] Environmental Stewardship - The report highlights GMIN's achievements in environmental management, including obtaining environmental operating licenses for the Tocantinzinho Gold Mine (TZ) and initiating environmental permitting for the Oko West Project in Guyana [2][7] - Key recycling initiatives at TZ resulted in 94% of water and 74% of solid waste being recycled, generating revenue [7] - GMIN completed a greenhouse gas emissions inventory for 2024 and is undertaking emissions mitigation and reforestation projects [7] Social Responsibility - The company achieved a Total Recordable Incident Frequency Rate (TRIFR) of 0.08 over 2.49 million hours worked, emphasizing its commitment to health and safety [7] - Local economic development was significant, with 98% of the workforce at TZ being national, and over R$174 million (~USD 35 million) in local procurement recorded [7] - Community engagement efforts included socio-environmental education programs for 2,309 students and support for 15 community-led projects [7] Governance Excellence - GMIN's ESG strategy has evolved to integrate sustainability principles across operations, with formalized policies on human rights, climate change, and tailings management [3][10] - The company has implemented a grievance management system that resolved 100% of reports in 2024, with plans to expand this system to other projects [12] - GMIN has established a Multi-Stakeholder Working Group at Oko West and initiated stakeholder engagement planning at Gurupi [12] Future Commitments - For 2025, GMIN plans to focus on expanding its GHG emissions tracking, increasing recycling rates, and enhancing human rights training and due diligence assessments [13] - The company aims to achieve 70% compliance with the International Cyanide Management Code and conduct external assessments aligned with the Towards Sustainable Mining protocol [13] Management Updates - The company announced the departure of Dušan Petković, Senior Vice President of Corporate Strategy, and the appointment of Jean-François Lemonde as Vice President of Investor Relations [14][15]