Blockchain Registration Transaction Record

GMIN Approves Full Construction of $973M Oko West Gold Project

G Mining Ventures approves $973M Oko West Gold Project construction in Guyana, targeting first gold production by 2027. TSX: GMIN advances to intermediate gold producer status.

This development represents a significant step in the global gold mining sector, potentially increasing gold supply from a stable jurisdiction at a time when central banks and investors are seeking safe-haven assets amid economic uncertainty. For investors, it demonstrates GMIN's transition from explorer to producer, creating potential value appreciation as the company executes its growth strategy. The project's successful development could also bring economic benefits to Guyana through job creation and infrastructure development, while contributing to global gold production capacity as demand for the precious metal continues to grow in both investment and industrial applications.