Guyana Goldfields production passes 21,000 ounces

Canadian firm Guyana Goldfields Inc (GGI) has produced over 21,000 ounces of gold over the last two months as it continues to ramp-up mining activities at its Aurora Gold Mine in Region Seven.

“From October 1, 2015 to November 30, 2015, the company produced 21,093 ounces of gold of which 14,091 ounces were sold at an average realized price of US$1,084 per ounce generating approximately US$15.3 million in pre-tax revenue and achieving positive cash flow,” the company said in a statement on Wednesday.

“With the start-up of hard rock processing, we are one step closer to