Metso mills for Tocantinzinho

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Tocantinzinho gold project camp in Para, Brazil

Toronto-listed G Mining Ventures Corporation has ordered about €20 million (US$19.5m) worth of equipment from Finland’s Metso Outotec for its US$458m Tocantinzinho gold project in Para State, Brazil. G Mining is targeting Q3 2024 for the start of commercial production from the proposed 175,000oz a year mine.

The manufacturer said supply of a compact aggregates plant and key process plant equipment would include a modular FIT crushing station, SAG and ball mills, a mill reline machine and thickeners.

G Mining’s February 2022 feasibility study outlined total gold production of 1.8 million ounces over 10.5 years, for an average 174,700ozpa at AISC of US$681/oz.


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