Guyana Goldfields approves US$238M for commercial gold production

-600-person camp facility for mine site

The US$238 million in capital costs needed by Guyana Goldfields Inc. to take the Aurora project towards the commercial production phase has finally been approved and the company still hopes to be able to produce gold by early 2015.

Guyana Goldfields Inc. is a Canada-based company focused on the exploration and development of gold deposits in Guyana.

The overall cost needed to bring the long-awaited large-scale operations to commercial production is US$249 million and company representatives, in a …..To continue reading, login or subscribe now.

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