Genmin Welcomes Gabon’s Peaceful Presidential Election and New Leadership

Tip Ranks
2025.04.14 22:58
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Genmin Ltd. announced the successful completion of Gabon’s presidential election, with Brice Clotaire Oligui Nguema elected with over 90% of the vote. This election is seen as a step towards political stabilization in Gabon, following a new constitution that improves governance. Genmin’s CEO is optimistic about collaboration with the new administration, which may benefit the company’s operations in Gabon. Genmin is focused on developing Gabon’s first commercial iron ore mine, with production expected to start by late 2026.

An update from Genmin Ltd. ( (AU:GEN) ) is now available.

Genmin Limited announced the successful and peaceful completion of Gabon’s presidential election, where Brice Clotaire Oligui Nguema was elected with over 90% of the vote. This election marks a significant step in Gabon’s political stabilization, following a new constitution that enhances governance and judicial independence. Genmin’s CEO expressed optimism about continuing to work with the new administration, which could positively impact the company’s operations and strategic projects in Gabon.

More about Genmin Ltd.

Genmin Limited (ASX: GEN) is an emerging African iron ore producer with a pipeline of projects in the Republic of Gabon, West Central Africa. The company holds 100% interests in three projects, including the flagship Baniaka and Bakoumba iron ore projects, which are strategically located near existing transport and renewable energy infrastructure. Genmin aims to develop Baniaka into Gabon’s first commercial iron ore mine, with plans to commence production by late 2026.

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