Gold Mining Report

News, insight, analysis and ideas about Guyana’s gold mining sector from the best experts in the industry.

Guyana – Mining and Minerals
In addition to its well-known deposits of gold, bauxite, and diamonds, Guyana’s mineral heritage includes deposits of semi-precious stones, kaolin, silica sand, soap stone, kyanite, feldspar, mica, ilmenite, laterite, manganese radioactive minerals, copper, molybdenum, tungsten, iron, and nickel, among others. According to the World Bank, mining is playing a crucial role in raising income levels and driving economic growth in Guyana. Mining’s contribution to GDP (2015) was 15.4%; its share of Exports (2016) was 52%; and, its contributions to employment were (2013) 17,363 in direct employment and 21,626 in indirect employment, for a combined 14% of total labor force. Mining is an important, long-rooted sector of the Guyanese economy, with well-established operating rules and a safe operating environment that offers investors flexibility in establishing the infrastructure and operations necessary for them to be successful.

Current News Headlines

Guyana Gold

  • Amazon deforestation is rising. Guyana offers a rare bright spot November 29, 2021 4:22 pm Al Jazeera This story was produced in partnership with the Pulitzer Center on Crisis Reporting. Georgetown, Guyana – The only English-speaking nation in South America has one of the continent’s best track records for Amazon rainforest protection – and an ad hoc …
  • Mohamed’s enterprise defends being awarded Fire Service construction contract; Points to its 30-year experience in construction November 26, 2021 4:40 am News Source One day after being awarded a $614 million contract for the construction of the new Guyana Fire Service headquarters, Mohamed’s Enterprise has found itself pushing back against questions of its competence in the construction sector. Mohamed’s Enterprise …
  • Mohamed’s Enterprise lands $614 Million contract to build new Fire Service HQ November 25, 2021 4:42 am News Source Gold mining company, Mohamed’s Enterprise Limited has landed a $614 million contract for the construction of the new headquarters of the Guyana Fire Service. The new Fire Service headquarters is to be constructed along Homestretch Avenue close to Durban …
  • Days of walking miles for water soon over in Jawalla November 19, 2021 12:31 pm Guyana Chronicle –with $40M well being drilled by GWI CENTRAL Jawalla, situated just off the Kamarang River in the Upper Mazaruni, Region Seven area, is in line to access potable water for the first time, as the Guyana Water Incorporated (GWI) progresses with the drilling …
  • New local company targeting skills training needs November 19, 2021 6:39 am Stabroek News A new locally-owned multi-service company designed “to deliver the level and quality of services that take account of the need to meet the requirements of a transforming Guyana economy” has been launched by a Guyanese management specialist who previously …
  • Brazil police clash with indigenous group as mining tensions flare November 18, 2021 3:03 pm Stabroek News SAO PAULO,  (Reuters) – Brazilian military police clashed with an indigenous group in the northern Amazon state of Roraima during an operation to remove a roadblock, the state government said yesterday, as tensions mounted on the reserve over illegal gold …
  • Civil Society watchdog exposes Pres. Ali’s duplicity at COP26 November 14, 2021 7:08 am Kaieteur News Nov 14, 2021 News …calls for immediate ban on log exports, consultations on mega projects Kaieteur News – Civil Society Group—Article 13—has lambasted Head of State, President Irfaan Ali’s, unambiguous calls to world leaders at the recently concluded 26th …
  • Security companies should have minimum of $1 million in insurance to cover personnel killed or injured on the job November 10, 2021 7:07 am Stabroek News Dear Editor, It is with great pain and sadness once again we have seen in recent breaking news, that a watchman (wrongfully dubbed security guard) working for a popular construction company, was brutalized on the East Coast of Demerara. The attack was such …
  • Teen attacked by 11 men, sodomized by boss November 10, 2021 6:58 am Kaieteur News Nov 10, 2021 News Kaieteur News – A 19-year-old man was assaulted by a group of approximately 11 men for about four hours, and was also sodomized in a mining pit by his boss. The teen, with his arm in a cast, showing injuries as a result of the attack. The …
  • Trent University welcomes first cohort of students to new sustainable Guyana prog. November 7, 2021 6:58 am Kaieteur News Nov 07, 2021 News  – Five Guyanese students will complete graduate studies with goal of contributing to sustainability in Guyana Kaieteur News – The Sustainable Guyana Programme, a unique strategic partnership aimed at training Guyana’s future leaders in …
  • Guyana cannot be left behind during period of accelerated digitisation – PM October 26, 2021 3:27 am I News Guyana Prime Minister, Brigadier (Ret’d), Mark Phillips today said that Guyana cannot be left behind in the drive to enhance global digitisation. He said that the Covid-19 Pandemic has amplified the importance of technological advancements and has forced its …
  • Brazilian national stabbed to death at Baramita - -after gold row with fellow miner October 23, 2021 8:18 am Stabroek News A Brazilian national was fatally stabbed on Thursday by a fellow miner with whom he had been drinking at Central Baramita, in the North West District of Region One. The Guyana Police Force (GPF) yesterday said that the man, only identified by the alias “ …
  • Brazilian stabbed to death during row over raw gold October 22, 2021 9:00 pm I News Guyana   A Brazilian national, who has only been identified as “Negoun”, was last evening stabbed to death at Central Baramita, North West District in Region One (Barima-Waini). The 35-year-old suspect, who is also a Brazilian national, remains at large. Police …
  • Extraction, Ecocide and Human Rights Abuses in the Caribbean October 20, 2021 8:19 am Stabroek News Extractive industries are fueling ecocide and human rights abuses in the Caribbean. This will be the message at a landmark hearing of the Inter-American Commission on Human Rights on the Impact of Extractive Industries on Human Rights and Climate Change in …
  • Geopolitics of oil and water in Guyana - Hemispheric Affairs October 14, 2021 12:30 am Stabroek News Part 2 By Dr Ivelaw Lloyd Griffith Water, water everywhere Guyana’s current aqua condition calls to mind the memorable line in Samuel Taylor Coleridge’s classic poem, The Rime of the Ancient Mariner: “Water, water, everywhere.” Heavy rains are expected in …
  • Oil sector was huge contributor to positive economic growth at mid-year – Minister Bharrat October 9, 2021 6:33 am Kaieteur News Oct 09, 2021 News Kaieteur News – Following the Ministry of Finance’s disclosure that Guyana recorded a 14.5 per cent growth rate in real Gross Domestic Product (GDP) in the first six months of 2021, Minister of Natural Resources, Vickram Bharrat, shared …
  • Hiring of Guyanese by Aurora Gold Mines increased by over 400 per cent September 27, 2021 5:09 am Guyana Chronicle THE number of Guyanese employed at the Aurora Gold Mines (AGM), a subsidiary of the Chinese mining group, Zijin Mining, has increased by more than 400 per cent over the past year. Having had 186 employees in August 2020, the company now has 896 Guyanese …
  • Region Seven financially impacted due to flood situation – Chairman September 22, 2021 6:09 am Kaieteur News Sep 22, 2021 News A photo taken by Kaieteur News of a flooded mining area called Two Points Backdam. Kaieteur News – Waters have begun to recede in some mining areas of the Region Seven district, but what is left behind is a reminder of how the flood …
  • Deal between prospectors and Goldstrike at Marudi elusive but illegal mining still occurring September 22, 2021 6:08 am Stabroek News Once bustling with bars, snackettes and miners, the landing which serves as the core of the gold mining community in the Marudi Mountains in the Rupununi has become eerily desolate – a ghost town filled with nothing but empty shacks and a handful of …
  • Gold Mining in Guyana: The free market experiment with mixed results September 19, 2021 7:43 am Stabroek News Typically, economists do not have the luxury of conducting lab-based experiments as in the natural sciences. Therefore, we have to look at truly exogenous or external events such as a policy intervention or an external shock to study cause and effect. One …

Featured Gold Articles

China’s Bosai Minerals Group ponders leaving Guyana due to hostility

Chinese producer of bauxite Bosai Minerals Group halted its operations in Guyana on Friday due to violent protests against the miner that left at least three deaths on Wednesday, said the President Donald Ramotar.

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REE International Acquires Rare Earth Property With Estimated Value of $10 Million

REE International, Inc. (PINKSHEETS: REEI) (the “Company”), a U.S.-based mineral exploration company focused on the exploration and production of rare earth elements, today announces the acquisition of a rare earth property in Port-e-Kiatuma, Guyana.

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Sandspring Provides Update of NI 43-101 Technical Report

DENVER, COLORADO–(Marketwire – March 12, 2012) – SANDSPRING RESOURCES LTD. (TSX VENTURE:SSP) (“Sandspring” or the “Company”) is pleased to announce the publication of an updated NI 43-101 technical report titled “TECHNICAL REPORT, UPDATED…

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