Major new mining operations boost 2015 gold recovery to 400,000+ ounces

While an official figure for Guyana’s 2015 gold production is yet to be declared Stabroek Business has learnt that the final figure could be somewhere between 420,000 ounces and 450,000 ounces, a significant increase in the declared production figure of 387,000 ounces in 2014.

However, the Guyana Gold & Diamond Miners Association (GGDMA) official who provided this information was quick to add that the significantly increased gold yield last year was a result of the commencement of mining operations by two major expatriate operations, Guyana Goldfields and Troy Resources. The Canadian company Guyana Goldfields commenced