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Guyana Goldfields information


Guyana Goldfields
Company typePublic
Traded as
TSX: GUY
IndustryMining
FateAcquired by Zijin Mining
Headquarters
Toronto, Ontario
,
Canada
Key people
Patrick Sheridan Jr. (CEO 1996-2013)
Scott Caldwell (2013-20)
Alan Pangbourne (2020)
ProductsGold
SubsidiariesGuygold (Barbados) Inc.
Aurora Gold (Barbados) Inc.
AGM Inc. (Guyana)
Websiteguygold.com

Guyana Goldfields was a Canadian company that owned and operated the Aurora gold mine in Guyana. Before being acquired by Zijin Mining in 2020, Guyana Goldfields was a publicly traded company with shares listed on the Toronto Stock Exchange and previously TSX Venture Exchange. Beginning in 1996 the company acquired exploration rights to the former Peters and Aurora mines with the objective of utilizing modern exploration technology to re-evaluate the potential gold reserves. Following positive exploratory results, the company received financing from the International Finance Corporation and other investors and conducted economic and technical feasibility studies. The Aurora gold mine began commercial production in 2015 and has produced approximately 125,000 to 160,000 ounces of gold per year from the mine since then. These lower than expected results and a revised technical study that significantly lowered the recoverable reserves estimates, led to the removal of the CEO and directors involved in making the investment decision and a class action lawsuit alleging misrepresentations in public disclosures.

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Guyana Goldfields

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disclosures. Guyana Goldfields owned and operated the Aurora Gold Mine in the Cuyuni-Mazaruni region, along the Cuyuni River, of Guyana. Guyana Goldfields oversaw...

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Mining in Guyana

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biggest mining operation in Guyana until Omai Mine was opened in 1993. Peters Mine was obtained in 1996 by Guyana Goldfields. Government initiatives have...

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List of rivers of Guyana

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the Goldfields of British Guiana. Dulau & Company. pp. 11–15. Rand McNally, The New International Atlas, 1993. "Water Resources Assessment of Guyana" (PDF)...

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Linden

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Queensland, a rural locality Linden, Western Australia, a ghost town in the goldfields of Western Australia Linden, Alberta, a village Linden, Nova Scotia Linden...

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Akaiwang River

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River is a tributary of the Wenamu River in the Cuyuni-Mazaruni region of Guyana. The river features the Akaiwang Falls. Located at 6' 40' W 59' 42'. The...

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Golden Star Resources

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and invested in exploration efforts of Guyana's Mazaruni diamond with Vancouver-based South American Goldfields with whom they merged with in May 1992...

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Potaro River

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The Potaro River is a river in Guyana that runs from Mount Ayanganna area of the Pakaraima Mountains for approximately 255 km (158 mi) before flowing into...

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El Dorado

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numerous others searched what is today Colombia, Venezuela, and parts of Guyana and northern Brazil, for the city and its fabulous king. In the course of...

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Akan people

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rivers." The Akan goldfield was one of three principal goldfields in the region, along with the Bambuk goldfield, and the Bure goldfield. This wealth in...

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Gold dredge

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Australian territory, in the 1930s. Due to the remote locations of the goldfields and absence of roads in New Guinea, parts of dredges were carried to site...

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Barima River

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(4 mi) from the Atlantic Ocean. It originates from the Imataka Mountains in Guyana, flowing for approximately 340 kilometres (210 mi) before entering Venezuela...

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Kako River

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List of rivers of Guyana Harrison, John Burchmore; Fowler, Frank; Anderson, Charles Wilgress (1908). The Geology of the Goldfields of British Guiana....

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List of airline codes

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GOLDEN RULE Kyrgyzstan GLD Golden Star Air Cargo GOLDEN STAR Sudan GOS Goldfields Air Services Australia GAQ Golfe Air Quebec GOLFAIR Canada GLE Goliaf...

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List of Gold Rush episodes

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Claim in the Murchison Goldfields. 243 7 "Hard Rock Risks" April 24, 2020 (2020-04-24) N/A In a visit to the Yalgoo Goldfields, the team offers a helping...

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Ekereku River

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The Ekareku River is a river of Guyana, a tributary of the Wenamu River. The Ekereku is one of the major tributaries of the Cuyuni River. Gold mining by...

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Omai Mine

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The Omai Gold Mine is located in Guyana on the north coast of South America near the west bank of the Essequibo River in the interior of the country. Access...

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Hadean zircon

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Pre-3100 Ma Crust in the Youanmi and South West Terranes, and Eastern Goldfields Superterrane, of the Yilgarn Craton. Dev Precambrian Geol 15:113–123 Thern...

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Venezuelan crisis of 1895

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Callao, started in 1871, was once one of the richest in the world, and the goldfields as a whole saw over a million ounces exported between 1860 and 1883. The...

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List of atheists in politics and law

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fought for causes such as republicanism, political separation for the goldfields and miners' safety; he also opposed Asian immigration." E. Jaggard, 'Vosper...

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Gold cyanidation

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introduction of the MacArthur-Forrest cyanide process to the Witwatersrand goldfields". Journal of the Southern African Institute of Mining and Metallurgy....

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List of ghost towns by country

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closed down in 1982. Maytown is a former mining town in the Palmer River goldfields of Queensland. Moliagul is a former gold mining town in Victoria; it was...

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Colonial Brazil

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and Bolivia) and New Granada (Colombia, Venezuela, Panama, Ecuador and Guyana), the colony of Brazil was settled mainly in the coastal area by the Portuguese...

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