ABOUT US
Our Mission
Our mission is to acquire, build and operate sustainable precious metal mining operations using our proven “self-perform” approach, while focusing on the health and safety of our employees and host communities, first.
Our goal is to build a leading intermediate gold producer.
Our Story
The G Mining story begins with Louis Gignac Sr., Chairman of the Board, 2016 Canadian Mining Hall of Fame inductee. Mr. Gignac Sr. is best known for building Quebec-based Cambior Inc. into an international gold producer. Throughout Cambior’s history, the company was renowned for the construction and development of its own projects rather than relying on the more conventional approach of outsourcing by awarding EPCM contracts. After 20 years, Cambior was acquired in 2006 for US$1.3 billion, sparking the creation of the family owned engineering and consulting firm, G Mining Services (GMS). Over the next 15 years, GMS would become a leader in mining project execution, using the same “self-perform” approach to generate value for the likes of Newmont Corporation and the Lundin Group. With a combined construction cost of $2 billion, GMS has delivered 100% of its projects at or below budget, and on schedule. In 2020, G Mining Ventures (GMIN) was created to acquire direct ownership of projects and capitalize on the value uplift that successful mine development offers. Leading the company is Louis-Pierre Gignac, CEO and Director, an experienced mining engineer who has been with GMS from the outset. With strong access to capital via a supportive shareholder base coupled with proven development expertise, we are well position to grow the company into the next mid-tier precious metal producer.
Our Legacy
In just over a decade, G Mining has shown tremendous growth and expertise in the precious metals industry. As we initiate this next phase in our legacy, we do so with the desire to create greater shareholder value for current and prospective investors.
1986
Cambior is formed
Cambior Inc. comes to be with Louis Gignac Sr., GMIN’S Chairman, as CEO.
2004
Cambior reaches new heights
Cambior Inc. gold production reaches 694,100 ounces per year.
2006
Cambior merges with iamgold
US$1.3 billion merger creating a US$3 billion entity and the world’s 10th-largest gold producer.
2006
G Mining Services is formed
A specialized mining consultancy firm that is family operated by Louis Gignac Sr. and his three sons Louis-Pierre, Mathieu, and Michael.
2008-2010
Construction of Essakane, Burkina Faso
Client: IAMGOLD Corporation.
Outcome: GMS delivers US$453 million construction on budget and ahead of schedule.
2014-2016
Construction of Merian, Suriname
Client: Newmont Corporation.
Outcome: GMS delivers US$977 million construction under budget and ahead of schedule.
2016
Canadian Mining Hall of fame
Louis Gignac Sr. is inducted into the Canadian Mining Hall of Fame for his accomplishments in the industry.
2016-2020
Construction of Fruta del Norte, Ecuador
Client: Lundin Gold Corp.
Outcome: GMS delivers US$744 million construction under budget and ahead of schedule.
2020
G Mining Ventures is formed
GMIN comes to be with Louis-Pierre Gignac as CEO and Louis Gignac Sr. as Chairman of the board.
2021
GMIN acquires Tocantinzinho Gold Project
Step One to 500,000 ounces of annual gold production.
2022
GMIN Financing and Construction Decision
Published new Feasibility Study (Q1), secured $481 million in funding and announced construction decision (Q3)
2024
Target Commercial Production H2 2024
Production of commercial operations scheduled for the second half of 2024.