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, marking the final major permitting milestone for the development. The license authorizes development, operation, and commercial gold production at the site, with the approval effective December 5, 2025.
This regulatory clearance follows the company's receipt of the Final Environmental Permit in September and the formal construction decision made in October. With all core regulatory requirements now complete, GMIN is advancing disciplined development activities as early works transition into full construction. The company expects to begin pre-production open-pit mining in the first quarter of 2026, with initial fleet assembly already underway.
The significance of this development extends beyond corporate milestones, representing a substantial step toward bringing a new gold production asset online in a mining-friendly jurisdiction. For investors and the mining industry, the securing of a long-term mining license reduces regulatory uncertainty and provides a clear pathway for project execution. The 20-year authorization provides operational stability that is crucial for justifying the capital investments required for mine development.
For Guyana, the project advancement represents continued growth in its mining sector and potential economic benefits through job creation and revenue generation. The Oko West Gold Project joins GMIN's TZ Gold Mine in Brazil as anchor assets in the company's portfolio, positioning the corporation to potentially grow into a mid-tier precious metals producer. The company's strategy focuses on capitalizing on value uplift from successful mine development through its access to capital and development expertise.
Additional information about the company is available in its newsroom at https://ibn.fm/GMINF. The mining sector communications platform MiningNewsWire, which disseminated this announcement, provides specialized coverage of global mining developments and can be accessed at https://www.MiningNewsWire.com. The platform's full terms of use and disclaimers are available at https://www.MiningNewsWire.com/Disclaimer.
