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GMIN Acquires G2 Gold in Guyana
Description
GMIN just pulled off a blockbuster $2.2 billion deal in Guyana, merging with G2 Goldfields to create a powerhouse gold operation. The combined projects—Oko-Ghanie and Oko West—now hold 7 million ounces of measured and indicated gold, plus 2.3 million inferred ounces. GMIN’s Guyana footprint swells to over 360 square kilometers, setting the stage for massive future production. G2 spins off G3 Goldfields to hold its non-core assets, and the deal, approved by shareholders and courts, closes in July 2026. Guyana’s president insists such deals are standard global mining activity—and good for the country. CEO Louis-Pierre Gignac calls it a strategic leap forward for GMIN’s Guyana ambitions.
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