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G Mining Ventures to acquire G2 Goldfields, creating a major gold mining hub in Guyana with 500koz annual output potential.

Company Fundamentals
09 Apr 2026
GlobeNewsWire
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Bullish
pluang ai news

G Mining Ventures Corp. will acquire G2 Goldfields Inc., merging their adjacent gold projects in Guyana into a single large-scale operation called the Oko Project. This combined project is expected to produce over 500,000 ounces of gold annually on a life-of-mine basis, making it one of the largest and lowest-cost gold mines in the Americas. The deal unlocks over C$1 billion in synergies through shared infrastructure and streamlined permitting, accelerating development timelines with first gold production targeted for late 2027. G Mining Ventures will lead the combined company, leveraging strong cash flow and capital access to self-fund the project, while G2 shareholders receive a premium and ongoing exposure through a spin-off exploration company.

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