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

  • Canada Unearthed: Are Toronto’s lithium brine explorers becoming a steal? October 2, 2023 7:28 pm Stockhead ARA Aclara Resources Inc. 0.4 0% 0% -15% 25% $ 65,289,270.80 AEM Agnico Eagle Mines Limited 61.72 -7% -7% -12% 9% $ 30,588,838,818.30 AGI Alamos Gold Inc. 15.32 -5% -12% -7% 55% $ 6,068,656,739.08 AKE Allkem Limited 10.22 1% -17% -6% -16% $ 6,547,387,768. …
  • Guyana gold exports decline by US$38 Million in six months October 2, 2023 5:17 am Kaieteur News Oct 02, 2023 News Kaieteur News– Gold export receipts in Guyana have seen a significant dip, totaling US$396.7 million, marking an 8.7 percent decrease of US$38 million when compared to the figures recorded at the end of June 2022 stood at US$434.6 million …
  • Crime index report contains sweeping statements with little factual basis September 30, 2023 6:48 am Stabroek News Dear Editor, Heroin is being transshipped through Guyana, according to the compilers of the Global Organized Crime Index, in this, we are being asked to believe that a product from Asia is being shipped to South America for onward distribution to Europe …
  • Why Suriname’s Carbon Finance Program Could Change The World September 27, 2023 1:18 pm Forbes The Black Spider Monkey, Red-faced Spider Monkey or Guiana Spider Monkey is native to Guyana, French ... [+] Guiana, Suriname and northeastern Brazil.. (Photo by: Jon G. Fuller/VWPics/Universal Images Group via Getty Images)VWPics/Universal …
  • Obituary: John R. Adams September 21, 2023 6:34 am Steamboat Pilot - Colorado – August 27, 2023 John R. Adams, a Wyoming native and beloved longtime resident of the Yampa Valley, died peacefully on August 27th, 2023, at one of his favorite places on earth, the Flying Diamond Ranch. John grew up in Rawlins, Wyoming, where his family …
  • Gold And Mercury, Not Books, For Venezuela's Child Miners September 20, 2023 2:03 am International Business News At 10 years old, Martin cannot read, but he is an old hand at detecting traces of the gold he and his young cousins dig for at an open-pit mine in southeastern Venezuela. In the town of El Callao, extracting gold from soil starts as a kid's game, but …
  • Canada Unearthed: Which TSX and TSX-V uranium stocks are outrunning market giant Cameco? September 19, 2023 2:47 pm Stockhead ARA Aclara Resources Inc. 0.39 1% 0% -11% 18% $ 63,657,039.03 AEM Agnico Eagle Mines Limited 66.41 3% 5% 0% 22% $ 32,902,571,848.45 AGI Alamos Gold Inc. 16.79 4% 9% 15% 79% $ 6,650,962,575.01 AKE Allkem Limited 11.11 -4% -5% 21% -18% $ 7,082,909,260.46 AMM …
  •  AFC urges Govt. to beef up scrutiny of mining sector September 19, 2023 2:34 pm Kaieteur News Sep 19, 2023 News Kaieteur News – The Alliance of Change (AFC) has called on the Government of Guyana to beef up its scrutiny of the mining sector in wake of new reports of a decline in gold declarations. Speaking at a news conference last Friday, AFC …
  • Guyana’s diamond declarations declined by 21.2% – Finance Ministry report September 18, 2023 12:28 pm Kaieteur News Sep 18, 2023 News Kaieteur News – In its latest Mid-Year Report, the Ministry of Finance has revealed a significant 21.2% decrease in diamond declarations during the first half of 2023. In a surprising contrast, the mining and quarrying sector witnessed …
  • Ecuador's historic referendum reignites Latin America's debate on extractivism and economic growth September 13, 2023 9:26 am Global Voices Illustration by Connectas This is an extract of an article written by Suhelis Tejero on Connectas and republished by Global Voices under a media partnership. Ecuador's turbulent elections held on August 20, 2023 weren't only the first step towards …
  • IMF lauds fast-paced Govt spending in Guyana September 12, 2023 6:45 pm I News Guyana The International Monetary Fund (IMF) has released an assessment of Guyana’s economy that recognises the role public investments from Government has played in non-oil economic growth. Further, the IMF projects that Guyana will continue its reign as the …
  • Some mining operations in Region Seven halted following teen’s death September 12, 2023 2:25 pm I News Guyana See full statement from the Ministry of Labour: 𝐈𝐧𝐯𝐞𝐬𝐭𝐢𝐠𝐚𝐭𝐢𝐨𝐧 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐟𝐚𝐭𝐚𝐥 𝐚𝐜𝐜𝐢𝐝𝐞𝐧𝐭 𝐚𝐭 𝐆𝐨𝐥𝐝 𝐌𝐢𝐧𝐢𝐧𝐠 𝐃𝐢𝐬𝐭𝐫𝐢𝐜𝐭 𝐍𝐨. 𝟒, 𝐑𝐞𝐠𝐢𝐨𝐧 𝐒𝐞𝐯𝐞𝐧. The Ministry of Labour’s Occupational Safety and Health (OSH) Department is investigating the workplace fatality that …
  • Labour Ministry halts mining operations near Puruni River after Parika teen’s death September 12, 2023 1:49 pm News Room Anthony Richard, a 17-year-old miner of Parika, East Bank Essequibo, died after a mining pit he was working in caved in on him in August and the Ministry of Labour has halted operations there pending an investigation. See below full release from the …
  • Labour Ministry investigating mining death in Region Seven September 12, 2023 9:23 am Guyana Chronicle THE Ministry of Labour’s Occupational Safety and Health (OSH) Department is investigating a workplace fatality that occurred at Ms. June Landing, Puruni River, Gold Mining District No. 4, Region Seven (Cuyuni-Mazaruni). The incident occurred, around 15:30 …
  • Cease work orders issued to three mining operations after death of boy, 17 September 12, 2023 7:22 am Stabroek News Cease work orders have been issued by the Ministry of Labour to three mining operations at it investigates the death of a 17-year-old miner. In a statement yesterday, the ministry said that its  Occupational Safety and Health (OSH) Department is …
  • Canada Unearthed: The Canadians are Coming, the Canadians are Coming September 11, 2023 10:11 pm Stockhead ARA Aclara Resources Inc. 0.375 -3% -3% -23% 12% $62,840,923 AEM Agnico Eagle Mines Limited 64.62 -1% 0% 5% 15% $32,015,723,428 AGI Alamos Gold Inc. 16.1 -5% 3% 18% 66% $6,376,879,032 AKE Allkem Limited 11.55 -5% -7% 5% -14% $7,357,045,262 AMM Almaden …
  • Small, medium scale miners responsible for decline in gold declarations – Mid-Year Report September 11, 2023 6:25 am Kaieteur News Sep 11, 2023 News Kaieteur News – Despite the mining sector receiving billions in tax breaks and other incentives from the Government of Guyana, there has been a decrease in gold declarations for the first half of 2023. The Ministry of Finance Mid-Year …
  • Though improvements seen now, gov’t probing ‘slothful’ gold declaration September 10, 2023 9:37 pm News Room Guyana’s gold mining sector, a major income earner, suffered a decline in the first half of the year and even though the sector is showing signs of improving performance, the government will engage miners and probe any issues raised. This was highlighted …
  • Oil sector drives 59.5% growth in GDP during first half of 2023 – Mid-Year Report September 10, 2023 5:01 am Kaieteur News Sep 10, 2023 ExxonMobil, News, Oil & Gas …gold, bauxite and fisheries sector decline, non-oil sector expands by 12.3% Kaieteur News – President Irfaan Ali yesterday revealed that the country recorded a 59.5 percent growth in Gross Domestic Product (GDP …
  • PNCR-led APNU must acknowledge election rigging before involvement in executive- Jagdeo September 8, 2023 2:48 am Demerara Waves Last Updated on Thursday, 7 September 2023, 17:07 by Denis Chabrol Vice President Bharrat Jagdeo on Thursday demanded that the People’s National Congress Reform (PNCR)-led A Partnership for National Unity (APNU) admit to its history of election rigging …

Featured Gold Articles

Investors find holes in Guyana Goldfields definitive study, decide the company is worth 20% less

Toronto-based firm’s Definitive Feasibility Study for its 100% owned Aurora Gold Project in Guyana, the nation’s only large-scale licensed gold mine development project, makes investors see red.

The post Investors find holes in Guyana Goldfields definitive study, decide the company is worth 20% less appeared first on MINING.com.

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Guyana Frontier Commences Drilling Program at Marudi Mountain Gold Project

Guyana Frontier Mining Corp. (TSX-V: GYG) (“Guyana Frontier”) is pleased to announce the commencement of a 3,000 metre diamond drilling program at the Marudi Mountain Gold Project (“Marudi Mountain”) in southern Guyana, South America.

The post Guyana Frontier Commences Drilling Program at Marudi Mountain Gold Project appeared first on MINING.com.

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