Latest news for G Mining Ventures (OTC:GMINF) Stock

G Mining Ventures Corp is a mineral exploration company engaged in the acquisition, exploration and development of precious metal projects. Its flagship asset, the permitted Tocantinzinho Project, is located in Para State, Brazil. Tocantinzinho is an open-pit gold deposit containing around 2.0 million ounces of reserves at 1.3 g/t. The deposit is open at depth and the underexplored 688km2 land package presents an additional exploration potential. It has one operating segment, the exploration and development of mineral properties.

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The Oko West gold project, located 60 miles southwest of Guyana&#39;s capital, Georgetown, has emerged as a major gold discovery in recent years.

G Mining Ventures Spends $638M To Buy Reunion Gold Guyana Project

G MINING VENTURES CRP NEW by G Mining Ventures Corp.

G Mining Ventures Corp

CIBC analyst Allison Carson maintained a Buy rating on G Mining Ventures (GMINF – Research Report) today and set a price target of C$14.00. The com...

CIBC Sticks to Their Buy Rating for G Mining Ventures (GMINF)

G Mining Ventures (TSE:GMIN) has released an update. G Mining Ventures Corp. reports successful initial gold exports from its Tocantinzinho project...

G Mining Ventures Hits Gold with First Exports

Franklin Gold And Precious Metals Fund Q2 2024 Commentary

G Mining Ventures (TSE:GMIN) has released an update. G Mining Ventures Corp. has announced the receipt of Operating Licenses for its wholly-owned T...

G Mining Ventures Secures Final License for Brazil Gold Project

G Mining Ventures (TSE:GMIN) has released an update. G Mining Ventures has released its 2023 ESG Report, highlighting key environmental and social ...

G Mining Ventures Excels in 2023 ESG Goals

G Mining Ventures (TSE:GMIN) has released an update. G Mining Ventures has successfully launched commercial production at the Tocantinzinho Gold Mi...

G Mining Ventures Hits Gold with Successful Mine Launch

G Mining Ventures (TSE:GMIN) has released an update. G Mining Ventures is set to acquire CentroGold Project from BHP, boosting its gold resource ba...

G Mining Ventures Expands Gold Portfolio with CentroGold Acquisition

G Mining Ventures (TSE:GMIN) has released an update. G Mining Ventures has revealed promising results from their Preliminary Economic Assessment fo...

G Mining Ventures Projects Lucrative Gold Mining Future

BMO Capital analyst Andrew Mikitchook has maintained their bullish stance on GMINF stock, giving a Buy rating today. Andrew Mikitchook has given hi...

Buy Rating Affirmed: Robust Production and Expertise Propel G Mining Ventures' Outlook

CIBC analyst Anita Soni maintained a Buy rating on G Mining Ventures (GMINF – Research Report) today and set a price target of C$14.00. The company...

CIBC Reaffirms Their Buy Rating on G Mining Ventures (GMINF)

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Press Releases

G Mining Ventures Announces Closing of Private Placements and Receipt of Final Order for Arrangement with Reunion Gold

G Mining Ventures and Reunion Gold Complete Business Combination

G Mining Ventures Ramping up Operations Towards Commercial Production at Tocantinzinho and First Export of Doré

G Mining Ventures Receives Operating Licenses for Tocantinzinho

G Mining Ventures Publishes 2023 ESG Report

G Mining Ventures Declares Commercial Production at Tocantinzinho Gold Mine

G Mining Ventures Delivers PEA for High-Grade Oko West Gold Project in Guyana

G Mining Ventures to Acquire the CentroGold Project from BHP

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G Mining Ventures

Montreal-based G Mining Ventures (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/GMINF#OTCQX">GMINF</a>) is acquiring Reunion Gold&#8216;s (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/RGDFF#OTCQX">RGDFF</a>) Oko West gold project in Guyana in an all-share deal for $638 million. 



What Happened: This acquisition will strengthen the company's foothold in South America and solidify its position as an intermediate <a href="https://www.benzinga.com/topic/gold">gold</a> producer.



&#8220;We are well-positioned to accelerate value creation at Oko West, leveraging our unique expertise in building and operating mines on schedule and budget in the Guiana Shield. The acquisition of Oko West is the second step towards our vision of becoming a leading intermediate gold producer, building on the team&#8217;s success at Tocantinzinho," G Mining CEO Louis-Pierre Gignac <a href="https://assets.ctfassets.net/jj9ent3ck4o2/xVomtJrDRBH5GqTbcoDEp/fe7abccd9b8cd4d9010e39d5554a6867/GMIN_l_Combination_with_Reunion_Gold_I_4.22.2024.pdf">said</a> in a statement.



See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38358074/peter-schiff-warns-against-piling-risk-assets-like-tech-stocks-and-bitcoin-amid-inf">Peter Schiff Warns Against Piling &#8216;Risk Assets&#8217; Like Tech Stocks And Bitcoin Amid Inflation Concerns &#8211; &#8216;Investors Should Be Buying Gold&#8217;</a>



Why It Matters: The Oko West gold project, located 60 miles southwest of Guyana&#8217;s capital, Georgetown, has emerged as a major gold discovery in recent years. 



The site boasts an estimated resource of 64.6 million indicated tons grading 2.05 grams of gold per ton and 19.2 million inferred tons grading 2.59 grams of gold per ton.



With its experienced management team, G Mining should bring technical expertise and financial resources to advance production, given its track record in the Guiana Shield region. 



The company was founded by the Gignac family, whose experience includes building Cambior&#8216;s first South American gold mine in Guyana in the early 1990s.



Additionally, G Mining and Reunion Gold aim to spin off Reunion&#8217;s other assets into a new company. SpinCo, a new exploration company funded with $15 million from G Mining, will focus on acquiring and exploring gold properties outside the immediate 12-mile area of interest surrounding Oko West. It will also target properties in neighboring Suriname, a country already boasting established gold mines like IAMGOLD&#8217;s Rosebel and the aforementioned Merian.



This agreement provides continued exploration opportunities for both companies. G Mining gains a foothold in a broader exploration area, while Reunion Gold shareholders retain exposure to this potential through their ownership in SpinCo.



Benzinga Mining is the bridge between mining companies and retail investors. Reach out to <a href="mailto:licensing@benzinga.com">licensing@benzinga.com</a> to get started!



Now Read: <a href="https://www.benzinga.com/markets/latin-america/24/04/38357624/lithium-boom-a-vote-of-confidence-for-argentinian-economic-turnaround">Eramet&#8217;s $800M Lithium Investment A Vote Of Confidence For Argentinian Economic Turnaround</a>

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Latest news for G Mining Ventures (OTC:GMINF) Stock

Tuesday, April 23, 2024