Aussie firm’s Kaburi gold mine won’t affect deforestation rates
-impact assessment finds
Over the 15 years of the Troy Resources Guyana Inc (TRGI) gold project in the Kaburi area, approximately 150 hectares of forest will be cleared for the mines, widened roadway and related facilities but this would have no impacts on national deforestation rates, according to the Environmental and Social Impact Assessment (ESIA) report.
The Australian firm has proposed a medium-scale gold mine designed to produce up to 110,000 ounces of gold per annum, based on an average overall recovery of 92% at the Black Water Creek, Kaburi Area, in Region Seven. The residents of 14 Miles, Issano will have to be relocated and the company has done a Resettlement Action Plan for the community.
The ESIA was done for Pharsalus Gold Inc (PGI), which was last year taken over by TRGI, which now holds gold mining rights to several contiguous properties, acquired by vendor agreements and direct grants, totalling approximately 1100 km2.