Pact inked with Guyana Goldfields for $1B Aurora project

The Government of Guyana yesterday inked a $1B gold mining agreement with Guyana Goldfields Inc through which the company foresees 4,000 to 9,000 jobs being created for its Aurora, Region 7 project.

Earlier this year, the Canadian mining company announced that it was working to set up what was billed as the largest ever underground gold mine here and it forecasted that the operation would bring significant benefits to the industry and the country.

Guyana Goldfields Inc founder and CEO Patrick Sheridan said at a simple ceremony at the Office of the President yesterday that the company has invested over US$120 million to