Metso and G Mining Ventures (GMIN) have signed an agreement on the delivery of key process equipment for the Oko West gold project in Guyana.
The value of the order is approximately €30 million ($34 million) and it has been booked in the Minerals segment’s June quarter 2025 orders received.
As part of the agreement, Metso will deliver a suite of high-performance process equipment, including a Superior™ MKIII primary gyratory crusher, a Premier™ SAG mill, and a Premier ball mill, all of which will feature Metso’s proprietary wear lining systems. The package also includes complementary apron feeders and a High Rate Thickener (HRT) equipped with Reactorwell™ technology. The agreement includes the potential for the supply of additional process equipment as the project progresses.
“Metso fully supports G Mining Ventures’ approach to project development, plant engineering, and mine operations,” Giuseppe Campanelli, President, North and Central America at Metso, says. “We believe our industry-leading Metso Plus portfolio of equipment and services aligns perfectly with GMIN’s strategy and adds sustainable value.”
According to GMIN, the Oko West Gold Project is a key driver of GMIN’s corporate growth strategy and demonstrates its ongoing commitment to responsible mining, community engagement, operational efficiency and long-term sustainable growth.
GMIN delivered feasibility study results for the project in 2024, showing an after-tax NPV (5% discount) of $2.2 billion, IRR of 27% and payback of 2.9 years at a base case gold price of $2,500/oz, with average annual gold production of 350,000 oz at an all-in sustaining cost of $1,123/oz for 12.3 years.
