ESG Milestone For Miner With Signing of Renewable Power Purchase Agreement

ESG Milestone For Miner With Signing of Renewable Power Purchase Agreement

ESG Milestone For Miner With Signing of Renewable Power Purchase Agreement By: Tomas Ronolski - AllPennyStocks.com News

Thursday, June 1, 2023

Sustainability is a crucial investment barometer and miners are no exception. This precious metals miner just signed a binding, multi-year, power purchase agreement, ensuring low-cost and renewably generated power to completely meet the requirement of a Brazilian project that will see approximately 25 percent lower than estimates used in the 2022 Feasibility Study, with fixed energy pricing for 2024, 2025 and 2026

G Mining Ventures Corp. (TSXV: GMIN) (OTCQX: GMINF) is a mining company engaged in the acquisition, exploration and development of precious metal projects. The company announced in a press release that it has entered into a power purchase agreement with Companhia Energética de Minas Gerais and CEMIG Geração e Transmissão S.A., securing low-cost, 100% renewably generated power for its 100% owned Tocantinzinho Gold Project.  

Canadian shares closed Wednesday trade at $1.10.


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