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

  • Guianas far from phasing out mercury in small-scale gold mining - -but governments complimented for measures being taken October 5, 2022 6:47 am Stabroek News Even as the Guianas are far away from achieving a 50% reduction in the use of mercury in artisanal and small-scale gold mining (ASGM), the efforts of the Guyana and Suriname governments and their international partners for a complete phase-out, is a step …
  • There should be research on possible Illicit Financial Flows connected to extractive industries here October 5, 2022 6:46 am Stabroek News Dear Editor, The recent letter of former Ambassador Kenrick Hunte that “EEPGL and auditors should explain why total revenue is included in the PSA’s cost function” (SN 4 Oct 2022) offers considerable detail on mechanisms associated with Illicit Financial …
  • Growth & Jobs | Jamaica seeks to expand trade with Guyana amid economic boom October 4, 2022 1:27 pm The Gleaner JAMAICA HAS dispatched a delegation comprising public- and private-sector interests to scout for business opportunities amid the projected economic boom in Guyana. The International Monetary Fund (IMF) has projected overall real GDP growth for the Guyanese …
  • Gov’t incentives see significant increase in small, medium scale gold miners  October 4, 2022 10:26 am Guyana Chronicle — gold production expected to grow significantly in years ahead THE number of small-and-medium-scale gold miners has significantly increased over the past two years, largely due to the many incentives given out by the government to encourage growth in the …
  • The post-office: Keep complaining and people will be helped October 3, 2022 5:16 am Kaieteur News Oct 03, 2022 Features / Columnists, Freddie Kissoon Kaieteur News – This column here is not a comment on the Postmaster-General, Ms. Karen Brown. Ms Brown returned my telephone request last Friday and was the opposite to me in the use of decibels. From …
  • A filthy business October 1, 2022 6:15 am Stabroek News One of the first initiatives the PPP/C government undertook upon returning to office in 2020 was to offer generous concessions to the gold mining sub-sector. This was likely a payback for the strong financial support several gold mining and trading …
  • Brazil votes: Bolsonaro allies stand firm in Amazon bastion October 1, 2022 4:44 am Al Jazeera This is the second in a three-part series on Roraima in the context of Brazil’s general elections. The project was supported by the Pulitzer Center’s Rainforest Journalism Fund. Boa Vista, Brazil – Standing centre-stage at a campaign event, Antonio …
  • Miner loses life in Sandhill backdam pit collapse September 26, 2022 9:37 am News Source Another mining pit accident at an interior location has claimed the life of a 37-year-old miner, triggering another investigation and renewing calls for better safety practices in the gold mining industry. North West District miner, Omar Oselmo lost his …
  • Man killed while hustling for gold alone September 25, 2022 5:52 am Kaieteur News Sep 25, 2022 News Kaieteur News – On Thursday, a miner was killed in an old gold mining pit at Sand Hill Backdam, Region Seven, after one of its walls collapsed on him. The man identified as Omar Oselmo, 37, of Kamwata, North West District (NWD), Region …
  • Simon Reeve recalls his trip of a lifetime in South America, from vibrant cities to ancient wonders September 23, 2022 10:12 pm Daily Mail Travelling through South America is an amazing privilege, each day rich with experiences. Covering more than 4,000 miles over many months, my journey for my new TV series began in Venezuela in the far north and ended in Tierra del Fuego in Chile and …
  • Brazil votes: Indigenous candidates target Bolsonaro stronghold September 23, 2022 3:29 pm Al Jazeera This is the first in a three-part series on Roraima in the context of Brazil’s general elections. The project was supported by the Pulitzer Center’s Rainforest Journalism Fund. Normandia, Brazil – Cheers and applause greet Joenia Wapichana as she arrives …
  • Police tightlipped on identity of “businesswoman” who filed complaint about stolen gold September 22, 2022 9:18 am News Source Although criminal charges were filed by the Police over the theft of $400 million worth of raw gold from a Mahaica home by a construction worker and the involvement of others in its sale, the Police Force has shielded the identity of the virtual …
  • Suriname, Strengthening Border Protection from Illegal Activities September 21, 2022 8:12 pm Dialogo Magazine Opening lines of communication with neighboring countries to successfully fight against narcotrafficking and other crimes has been one of the focus of Colonel Werner Guiseppe Kioe A Sen, commander of the Suriname Armed Forces (SAF). Col. Kioe A Sen is set …
  • Guyana’s low carbon future, climate change and the cost of development September 19, 2022 7:51 am Kaieteur News Sep 19, 2022 News – COP26 pledges revisited By Melina Harris Kaieteur News – When Guyana’s Head of State, President Dr. Irfaan Ali, attended the Conferences of the Parties (COP26) on the United Nations Framework Convention on Climate Change (UNFCCC) in …
  • Venezuelan gov’t squeezing out small gold miners in favour of big companies September 16, 2022 9:49 am Stabroek News Venezuela’s numerous artisanal miners in the country’s El Callao mining region are coming under increasing pressure from the political administration in Caracas which, reportedly, has been ‘cutting’ deals with bigger gold mining operations that allow for a …
  • Can Two New Bills Reshape Indigenous Rights and Illegal Gold Mining in Suriname? September 14, 2022 10:17 am Mongabay Two bills currently before Suriname’s parliament aim to recognize the rights of the country’s Indigenous inhabitants and tackle the forest-poisoning mercury pollution associated with gold mining. But both bills face an uphill battle: Suriname has …
  • Eight sectors in major decline since 2019 — Mid-Year Report September 12, 2022 8:23 am Kaieteur News Sep 12, 2022 News By Davina Bagot Kaieteur News – Government’s mid-year economic report when examined over the past four years, has revealed frightening statistics- with eight of this country’s major sectors suffering rapid decline, which started in 2019 …
  • Indigenous leaders seek global pact to preserve 80% of Amazon forest September 9, 2022 9:25 pm Devdiscourse * Scientists warn that the Amazon is close to a tipping point * Global warming could see parts of rainforest turn into savannah * Growing recognition of indigenous role in conserving forest By Dan Collyns LIMA, Sept 9 (Thomson Reuters Foundation) - …
  • Mine gold or go hungry in Venezuela? Indigenous groups struggle for balance. September 9, 2022 6:49 pm Christian Science Monitor In the middle of the jungle in southern Venezuela, a 60-foot-wide hole oozes brown, polluted water. Sandy earth is piled around the perimeter of this abandoned, informal gold mine, a permanent blemish on the once-wild land. Bolívar state is bursting with …
  • Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Shareholders Vote for the Proposed Combination of GCM Mining and Aris Gold September 8, 2022 9:00 pm EIN Presswire TORONTO, Sept. 08, 2022 (GLOBE NEWSWIRE) -- GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced today that the Company has received positive recommendations from both Institutional Shareholder Services (“ISS”) and Glass …

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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