Founder and Executive Chairman of Guyana Goldfields Incorporated, Patrick Sheridan, on Thursday called on President David Granger at the Ministry of the Presidency.
He was accompanied by the company’s Country Manager, Violet Smith.
During their discussions, Sheridan updated the Head of State on the operations at the Aurora Gold Mine in the Cuyuni River, Region Seven. It is the largest gold mine in production in the country at the moment.
According to the Ministry of the Presidency, the company has just declared a commercial production of 40,000 tonnes for the first quarter of the year.
“We are projected to produce between 130,000 and 150,000 ounces this year,” the Chairman said.
In a brief comment after the meeting, Sheridan said that while they are still in the process of optimising operations at Aurora, the company is very much engaged in exploration throughout the Cuyuni Region and entering into joint ventures with local miners wherever possible.
Guyana Goldfields was awarded the mining lease from the Government of Guyana in November 2011. Total gold production at the Aurora Mine is estimated to be 3.29 million ounces over its 17-year mine life.
In September last year, President Granger visited the Aurora operations to witness the first gold pour.
Nov 18, 2018By Sean Devers The Guyana Defence Force (GDF) has won the last 17 National Boxing Tournaments since the inaugural one was held in 1966 at the Police Training School, but on Friday Night the Soldiers...
When the government announced copyright legislation will come next year, the first critic was former president, Bharrat... more
Editor’s Note, If your sent letter was not published and you felt its contents were valid and devoid of libel or personal attacks, please contact us by phone or email.
Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: [email protected] / [email protected]