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

Jefferies analyst Matt Murphy maintained a Buy rating on G Mining Ventures (GMINF – Research Report) yesterday and set a price target of C$16.00. T...

Jefferies Keeps Their Buy Rating on G Mining Ventures (GMINF)

In a report released yesterday, Michael Siperco from RBC Capital maintained a Buy rating on G Mining Ventures (GMINF – Research Report), with a pri...

RBC Capital Keeps Their Buy Rating on G Mining Ventures (GMINF)

G Mining Ventures (TSE:GMIN) has released an update. G Mining Ventures has announced that Franco-Nevada will exercise 11.5 million share purchase w...

G Mining Ventures Secures Major Share Purchase Deal

G Mining Ventures (TSE:GMIN) has released an update. G Mining Ventures has reported its first gold production and financial results for the third q...

G Mining Ventures Reports First Gold Production Success

G Mining Ventures GAAP EPS of $0.12, revenue of $42.99M

G Mining Ventures Corp ( ($GMINF) ) has released its Q3 earnings. Here is a breakdown of the information G Mining Ventures Corp presented to its in...

G Mining Ventures: Q3 2024 Transition to Gold Production

RBC Capital analyst Michael Siperco maintained a Buy rating on G Mining Ventures (GMINF – Research Report) on November 18 and set a price target of...

RBC Capital Sticks to Its Buy Rating for G Mining Ventures (GMINF)

Franklin Gold And Precious Metals Fund Q3 2024 Commentary

RBC Capital analyst Michael Siperco maintained a Buy rating on G Mining Ventures (GMINF – Research Report) on December 5 and set a price target of ...

G Mining Ventures (TSE:GMIN) has released an update. G Mining Ventures has successfully acquired the CentroGold Project from BHP, enhancing its por...

G Mining Ventures Expands with CentroGold Acquisition

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Press Releases

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

OTC Markets Group Welcomes G Mining Ventures Corp. to OTCQX

G Mining Ventures Appoints Naguib Sawiris to its Board of Directors

G Mining Ventures Regrets a Fatality at the Oko West Project in Guyana

G Mining Ventures Files NI 43-101 Technical Report for the Oko West Gold Project in Guyana

G Mining Ventures Announces Proposed Exercise of Share Purchase Warrants Held by Franco-Nevada

Earnings

G Mining Ventures Reports Third Quarter 2024 Production and Financial Results

G Mining Ventures Provides Corporate Update

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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

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