Metso and G Mining Ventures (GMIN) have signed an settlement on the supply of key course of tools for the Oko West gold venture in Guyana.
The worth of the order is roughly €30 million ($34 million) and it has been booked within the Minerals section’s June quarter 2025 orders obtained.
As a part of the settlement, Metso will ship a set of high-performance course of tools, together with a Superior™ MKIII main gyratory crusher, a Premier™ SAG mill, and a Premier ball mill, all of which is able to function Metso’s proprietary put on lining programs. The package deal additionally contains complementary apron feeders and a Excessive Price Thickener (HRT) geared up with Reactorwell™ expertise. The settlement contains the potential for the availability of further course of tools because the venture progresses.
“Metso absolutely helps G Mining Ventures’ method to venture growth, plant engineering, and mine operations,” Giuseppe Campanelli, President, North and Central America at Metso, says. “We consider our industry-leading Metso Plus portfolio of apparatus and providers aligns completely with GMIN’s technique and provides sustainable worth.”
In accordance with GMIN, the Oko West Gold Venture is a key driver of GMIN’s company development technique and demonstrates its ongoing dedication to accountable mining, group engagement, operational effectivity and long-term sustainable development.
GMIN delivered feasibility research outcomes for the venture in 2024, displaying an after-tax NPV (5% low cost) of $2.2 billion, IRR of 27% and payback of two.9 years at a base case gold value of $2,500/oz, with common annual gold manufacturing of 350,000 oz at an all-in sustaining price of $1,123/oz for 12.3 years.
