Blockchain Registration Transaction Record

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

G Mining Ventures receives 20-year mining license for Oko West Gold Project in Guyana, clearing final regulatory hurdle for 2026 gold production. Full details here.

This development is significant for multiple stakeholders. For investors, it de-risks the Oko West project by removing final regulatory uncertainties, potentially enhancing GMIN's valuation and attracting further capital as construction accelerates toward the 2026 production target. The mining industry watches closely as successful permitting in Guyana could encourage more investment in the region, known for its mineral potential but sometimes complex regulatory environment. For Guyana, the project promises economic benefits through job creation, infrastructure development, and future tax revenues from gold production. Environmentally, the project has already cleared its final environmental permit, suggesting adherence to regulatory standards, though ongoing scrutiny will be essential. This milestone exemplifies how junior mining companies can advance major projects through strategic permitting and disciplined execution, contributing to global gold supply chains.