By Adriano Marchese
G Mining Ventures' gold reserves have more than tripled thanks largely to the latest exploration results from its project in Guyana.
The miner on Thursday said that its proven and probable gold reserves now total 6.52 million troy ounces, a huge increase largely due to adding 4.64 million ounces from Oko West in Guyana.
Oko West is G Mining's large project under construction, which is expected to produce its first gold in the second half of next year.
In Brazil, the company's Tocantinzinho Mine in Brazil is producing steadily. It has 1.87 million ounces of proven and probable mineral reserves which is also supporting the construction in Guyana and its other ongoing operations in Brazil.
"We now have a cash-generating asset at Tocantinzinho supporting the construction of Oko West, one of the largest gold projects under construction globally, while advancing Gurupi [in Brazil] through technical studies," Chief Executive Louis-Pierre Gignac said.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
March 12, 2026 07:22 ET (11:22 GMT)
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