GMIN Receives IEP for the Oko West Gold Project in Guyana

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(Piero Stewart, Energy Analytics Institute, 7.Jan.2025) — G Mining Ventures Corp. (GMIN) received an interim environmental permit (IEP) from Guyana’s Environmental Protection Agency (EPA) in response to its Environmental Impact Assessment (EIA) and Environmental Impact Statement (“EIS”) submissions (jointly, “ESIA”) made in Nov. 2024 for the company’s Oko West Gold Project.

The IEP is valid for 1 year and, together with the “no objection” letter received from the Guyana Forestry Commission, GMIN has fulfilled the requirements to initiate early works construction activities, the company announced 7 Jan. 2025 in an official statement.

As such, GMIN intends to advance the following early works activities in the first-half 2025:  

  • Barge landing facility
  • Main access road and internal roads
  • Airstrip
  • Permanent camp facility
  • Water and sewage treatment plants
  • Power generation and communication tower

“The approval of the Interim Environmental Permit represents an important step in reaching a construction decision for the Oko West Project,” GMIN’s President & CEO Louis-Pierre Gignac said in the statement.

“The receipt of this permit supports a collaborative engagement between Guyana’s EPA, Forestry Commission and nearby communities in Region 7 ensuring alignment with GMIN’s mine development activities in country. We are excited to have the opportunity to commence early works activities ahead of schedule and to grow the local team in preparation for the main construction phase,” Gignac said

GMIN said that following a 60-day comment period, EPA review of the submission, disclosure meetings and publication of the final ESIA report, the EPA will reach a decision with respect to the granting of the final environmental permit for Oko West.

Looking ahead, additional development catalysts at Oko West include:

  • Commencement of early works (1Q:25)
  • Feasibility Study publication (2Q:25)
  • Full permit (2Q:25)
  • Formal construction decision (2H:25)
  • Continuation of detailed engineering (2025)
  • Greenfield and brownfield exploration (2025)

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By Piero Stewart reporting from Caracas. © 2025 Energy Analytics Institute (EAI). All Rights Reserved.

ENERGY ANALYTICS INSTITUTE (EAI) https://energy-analytics-institute.org

Energy Analytics Institute (EAI), formerly LatinPetroleum.com, is a Houston-established private organization with a satellite presence in Calgary, Mexico City and Venezuela where it operates under Editores LatinPetroleum SA. Since 1999, EAI has been a leader in energy news coverage of Latin America in particular. Coverage, run out of Latin America, now spans the world and encompasses nearly all energy and energy-related sectors.

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