Canadian firm pockets US$2.2B on Guyana gold field, country gets nothing
Business
Finance
July 30, 2026
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(Kaieteur News) – Canadian firms G Mining Ventures Corp. (GMIN) and G2 Goldfields Inc. have finalised the US$2.2 billion acquisition that was first announced in April, to create a tier-1 gold mining project in one of Guyana’s hottest mining districts.
The announcement of the successful completion of the arrangement under the Canada Business Corporations Act was made on Wednesday by both companies.
GMIN and G2 are both Canadian firms that own gold projects in Region Seven (Cuyuni-Mazaruni). The deal allows the companies to consolidate the two adjacent gold properties, G2’s Oko-Ghanie project with GMIN’s fully permitted and fully financed Oko West project.
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