{"id":24618,"date":"2024-12-05T13:28:21","date_gmt":"2024-12-05T13:28:21","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=24618"},"modified":"2024-12-05T13:28:22","modified_gmt":"2024-12-05T13:28:22","slug":"oko-west-gold-project-a-us1-5-billion-venture-set-to-transform-guyanas-mining-sector","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/oko-west-gold-project-a-us1-5-billion-venture-set-to-transform-guyanas-mining-sector\/","title":{"rendered":"Oko West Gold Project: A US$1.5 Billion Venture Set to Transform Guyana&#8217;s Mining Sector"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n\n<p><em>By Saskia Warrick | November 6, 2024<\/em><\/p>\n\n\n\n<p>The Oko West Gold Project, a US$1.5 billion initiative, is poised to revolutionize Guyana&#8217;s mining industry. <\/p>\n\n\n\n<p>Set to begin operations in 2027, the project promises to reshape the country&#8217;s mining landscape and create substantial economic opportunities.<\/p>\n\n\n\n<p>Located 95 kilometers southwest of Georgetown, the 44-square-kilometer site is expected to produce over 350,000 ounces of gold annually once it becomes operational.<\/p>\n\n\n\n<p> The project reflects years of development within the mining sector, building upon past struggles and the nation\u2019s growth in resource extraction.<\/p>\n\n\n\n<p>Minister of Home Affairs, Robeson Benn, emphasized that Guyana is at a pivotal moment, leveraging synergies from the booming oil and gas sector to support the mining industry. <\/p>\n\n\n\n<p>He highlighted that the Oko West project will generate significant job opportunities, contributing to the national economy and the livelihoods of many Guyanese citizens.<\/p>\n\n\n\n<p>Bjorn Jueue, Country Manager of G Mining Ventures, described Oko West as a major advancement for the nation\u2019s resource development. <\/p>\n\n\n\n<p>He noted that the project is expected to create at least 1,500 jobs, with a strong focus on local capacity building and educational support, ensuring the long-term sustainability of the mining sector.<\/p>\n\n\n\n<p>As Guyana moves forward, the Oko West Gold Project is positioned to play a central role in the country\u2019s economic future, driving prosperity through its vast natural resources.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Saskia Warrick | November 6, 2024 The Oko West Gold Project, a US$1.5 billion initiative, is poised to revolutionize Guyana&#8217;s mining industry. Set to begin operations in 2027, the&hellip;<\/p>\n","protected":false},"author":4,"featured_media":24597,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[366,350],"tags":[],"class_list":["post-24618","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local-development","category-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/24618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/comments?post=24618"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/24618\/revisions"}],"predecessor-version":[{"id":24619,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/24618\/revisions\/24619"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/24597"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=24618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=24618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=24618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}