HOUSTON, TEXAS (Editors at Energy Analytics Institute, 6.Mar.2025) — G Mining Ventures Corp. commenced site preparation activities at its Oko West gold project in Guyana, marking a major step forward in the project’s development.
With the Interim Environmental Permit (IEP) from the Guyana Environmental Protection Agency (EPA) already in hand, the early works construction program is now officially underway, as a part of the total $200mn–$240mn Oko West Capex guidance for 2025, G Mining said on 6 Mar. 2025 in an official statement.
Site preparation activities are in progress for the barge landing on the Cuyuní River and the permanent camp area, which are key initial infrastructures to support future development. Concurrently, G Mining continues to advance permitting efforts toward securing the full environmental license from the EPA.
The early works construction activities permitted under the IEP include:
- Barge landing facility
- Main access road and internal roads
- Airstrip
- Permanent camp facility
- Water and sewage treatment plants
- Power generation
- Communications tower
“The commencement of early works construction at Oko West demonstrates our commitment to expedite the delivery of another world-class gold project,” G Mining president and CEO Louis-Pierre Gignac said in the statement.
“With site preparation activities initiated ahead of schedule, we are applying our extensive development expertise to ensure seamless execution while upholding high safety, environmental, and social standards. These early-stage activities lay the groundwork for potentially fast tracking the project construction, once we publish the Feasibility Study, secure financing and make a formal construction decision, all anticipated by the middle of 2025,” Gignac said.
The Oko West feasibility study is on track for second-quarter 2025 (2Q:25) publication, incorporating updated mineral resource and mineral reserve estimates. A positive outcome, combined with the receipt of final permits and project financing, is expected to support a formal construction decision in second-half 2025 (2H:25), G Mining said in the statement.
Key Oko West milestones
Over 2025, G Mining will focus on the following activities with respect to Oko West:
- FS publication (2Q:25)
- Project financing (2H:25)
- Formal construction decision (2H:25)
- Continuation of detailed engineering (2025)
- Greenfield and brownfield exploration (2025)
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By Editors at Energy Analytics Institute. © 2025 Energy Analytics Institute (EAI). All Rights Reserved.
