Curated News
By: NewsRamp Editorial Staff
September 02, 2025
G Mining Ventures Secures Key Environmental Permit for Guyana Gold Project
TLDR
- G Mining Ventures gains a strategic advantage with Guyana's environmental permit for Oko West, enabling construction and operation through 2030 in a top-ranked mining jurisdiction.
- The permit follows nearly two years of environmental studies and multi-stakeholder review, authorizing construction and operation of the Oko West Gold Project through July 2030.
- The Oko West project will create 1,270 permanent jobs and strengthens Guyana's economy, supporting sustainable development and community benefits through responsible mining practices.
- Guyana ranks among the top 10 global mining jurisdictions, making G Mining Ventures' permitted Oko West project a notable development in South American gold mining.
Impact - Why it Matters
This development matters because it represents a significant step forward for sustainable mining operations in emerging markets. The environmental permit approval demonstrates that responsible resource extraction can proceed while meeting rigorous environmental standards, setting a precedent for future mining projects in the region. For investors, this milestone de-risks the Oko West project and positions G Mining Ventures for potential growth as a mid-tier precious metals producer. The creation of over 1,200 permanent jobs will provide substantial economic benefits to local communities in Guyana, while the project's success could attract further investment to the country's mining sector, which has been recognized as one of the world's top mining jurisdictions. This approval also signals growing confidence in Guyana as a stable investment destination for natural resource development.
Summary
G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) has achieved a major milestone with the approval of the Environmental Permit from Guyana's Environmental Protection Agency for its Oko West Gold Project. This authorization, valid through July 2030, follows nearly two years of comprehensive environmental and social studies and a rigorous multi-stakeholder review process. The permit clears the way for construction and operation of the project, which is expected to create an average of 1,270 direct permanent jobs throughout its lifetime and supports a final construction decision later this year. This achievement significantly strengthens G Mining Ventures' partnership with the Government of Guyana, which was recently ranked among the top 10 global mining jurisdictions by the Fraser Institute.
The company, which is well-positioned to grow into the next mid-tier precious metals producer, leverages strong access to capital and proven development expertise. G Mining Ventures is currently anchored by two key projects: the TZ Gold Mine in Brazil and the Oko West Gold Project in Guyana, both located in mining-friendly and prospective jurisdictions. For investors seeking the latest updates, the company maintains an active newsroom at https://ibn.fm/GMINF, providing ongoing information about this significant development and other corporate activities.
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Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, G Mining Ventures Secures Key Environmental Permit for Guyana Gold Project
