G Mining Ventures Secures 20-Year Mining License for Oko West Gold Project in Guyana

G Mining Ventures Corp. has received a 20-year Mining License from the Guyana Geology and Mines Commission for its 100%-owned Oko West Gold Project. The license authorizes development, operation, and commercial gold production at the site, with the approval effective December 5, 2025. This represents the final major permitting milestone for the project, following the issuance of the Final Environmental Permit in September and the formal construction decision in October.

With all core regulatory requirements now complete, the company is advancing disciplined development activities as early works transition into full construction. Pre-production open-pit mining is expected to commence in the first quarter of 2026, with initial fleet assembly already underway. The company's newsroom provides ongoing updates about these developments at https://ibn.fm/GMINF.

The significance of this regulatory approval extends beyond the immediate project timeline. For Guyana, the Oko West Gold Project represents continued development of the country's mining sector in what G Mining Ventures describes as a mining-friendly jurisdiction. The 20-year license provides long-term certainty for the project's operations, which is crucial for attracting and maintaining investment in capital-intensive mining operations.

For the mining industry, this development demonstrates the continued viability of gold projects in South America and highlights the importance of navigating complex regulatory environments successfully. The company's ability to secure all major permits within a concentrated timeframe suggests efficient project management and positive engagement with regulatory authorities.

For investors and stakeholders, the license approval removes a significant element of uncertainty that often accompanies mining projects during development phases. With regulatory hurdles cleared, attention can now focus on construction progress and operational execution. The company's access to additional information through its communications platform at https://ibn.fm/RMknR provides transparency about project developments.

The broader implications include potential economic benefits for the region through job creation and infrastructure development associated with mining operations. Gold production from the Oko West project will contribute to global gold supply, which serves various industrial, investment, and jewelry markets worldwide. The project's progression also reinforces Guyana's position as an emerging mining destination with established regulatory processes.

As the mining industry faces increasing scrutiny regarding environmental and social governance, the sequential approval of environmental permits followed by the mining license suggests the project has met established standards. This regulatory progression may serve as a model for other mining developments seeking to balance resource extraction with responsible environmental stewardship and community engagement.