Years after being granted a mining licence and following illegal mining on its concession, Canadian mining company Romanex is finally moving to begin mining for gold and is in the process of contracting another company to do so.
Guyana Frontier Mining Corp, the parent company of Romanex (Guyana) Explora-tion Limited last week announced that it has entered into a letter of intent (LOI) with Mulgravian Ventures (Guyana) Inc. (MVGI), whereby MVGI will manage the Marudi Mountain Gold Project.
“Management of Marudi Mountain will include a mining operation from the alluvial, elluvial and colluvial deposits on the property,” the statement said adding that in addition to the mining operation,
