Troy Resources' Karouni mine is expected to produce up to 100,000 ounces of the precious metal a year.
90,000 ounces per year project will start as an open-pit mine.
Guyana Goldfields Inc. is a Canadian based company, focused on the exploration and development of gold deposits in Guyana, South America.
Uranium exploration and production is on a fast track in Latin American, as investors begin to realize that a few small-cap companies are controlling deposits that could be worth billions of dollars.
Chinese producer of bauxite Bosai Minerals Group halted its operations in Guyana on Friday due to violent protests against the miner that left at least three deaths on Wednesday, said the President Donald Ramotar.
Guyana Goldfields vaulted 15.8% on Thursday, after raising just shy of $26 million from an institutional investor and its CEO, and announcing a revised feasibility study for its Aurora gold project in Guyana.
REE International, Inc. (PINKSHEETS: REEI) (the "Company"), a U.S.-based mineral exploration company focused on the exploration and production of rare earth elements, today announces the acquisition of a rare earth property in Port-e-Kiatuma, Guyana.
DENVER, COLORADO–(Marketwire – March 12, 2012) – SANDSPRING RESOURCES LTD. (TSX VENTURE:SSP) ("Sandspring" or the "Company") is pleased to announce the publication of an updated NI 43-101 technical report titled "TECHNICAL REPORT, UPDATED…
Guyana hopes to start exporting manganese ore for the first time in 50 years following the discovery of the mineral in the country's northwest, government officials said Saturday.
Toronto-based firm's Definitive Feasibility Study for its 100% owned Aurora Gold Project in Guyana, the nation's only large-scale licensed gold mine development project, makes investors see red.
Guyana Frontier Mining Corp. (TSX-V: GYG) ("Guyana Frontier") is pleased to announce the commencement of a 3,000 metre diamond drilling program at the Marudi Mountain Gold Project ("Marudi Mountain") in southern Guyana, South America.
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Jan. 31, 2012) – Argus Metals Corp. (the "Company" or "Argus") (TSX VENTURE:AML) reports that the Guyana Geology and Mines Commission has granted and signed Argus' PL29/2011 licence. This licence allows for the exploration of uranium, gold and precious elements. PL29/2011 is west of, and contiguous with Argus' PL53/2009 licence, which also allows for the exploration of uranium, gold and precious elements. With PL29/2011 in place, Argus now holds the full 10 x 1 kilometre extent of the Kaituma uranium target and plans to execute a drill program on the project as soon as technically and financially feasible.
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Nov. 21, 2011) – First Bauxite Corporation (TSX VENTURE:FBX)(FRANKFURT:FBI)(BERLIN:FBI) ("First Bauxite" or the "Company") is pleased to announce that the NI 43-101 Technical Report – Bankable Fea…
TORONTO, Nov. 18, 2011 /CNW/ – Guyana Goldfields Inc. (TSX: GUY) ("GGI" or "the Company") is pleased to announce today that it has signed a Mineral Agreement ("MA") with the Government of Guyana and has received the Mining License for the Aurora Gold Project, as previously promised through its Memorandum of Understanding ("MOU") agreement with the Guyanese Government (see press release dated October 5, 2011). This is the first large-scale mining license to be issued in the gold sector in Guyana since 1991.
Guyana Goldfields (TSE:GUY) got a nice bump today after the company announced an agreeement with the Guyana government for developing its Aurora gold project. The stock was up around 8.5% on nearly-double average volumes on the Toronto exchange.
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Sept. 7, 2011) – ("Stronghold" or the "Company") (TSX VENTURE:Z) The Company is pleased to announce that it has entered into a Letter of Intent with Mowasi Gold Corp. ("Mowasi") whereby Stronghold has agreed to acquire a ninety-five (95%) interest in the 23 prospecting permits medium scale and 8 mining permits medium scale (collectively the "Concessions") in which Mowasi has an exclusive interest and which are contiguous to the Company's Eagle Mountain Project in Guyana under the following terms and conditions:
TORONTO, ONTARIO–(Marketwire – Sept. 1, 2011) – U3O8 Corp. (TSX VENTURE:UWE), a Canadian-based company focused on uranium exploration and resource expansion in South America, reports results from the infill drilling program completed on the Aricheng C area in the Kurupung Batholith in Guyana (Figure 1). Resource estimation has started on data from Aricheng C, while infill drilling is progressing well on the next mineralized zone –Aricheng West – towards the goal of increasing the current National Instrument 43-101 ("NI 43-101") uranium resource1 on the Kurupung Project.
Otish Energy Inc. announced Friday the special resolution relating to the change of name from Otish Energy Inc to Arrowhead Gold Corp, has been approved at the annual and special meeting of shareholders held in Toronto on July 28th, 2011.
Other business transacted at the annual and special meeting included: the re-election of Steve Smith, Zachery Dingsdale, Ick Boga, Mark Fekete and Albert Timcke as directors; the appointment of BDO Canada LLP as auditor of the company; and the approval of the company's rolling stock option plan.
Companies: CANAMEX RESOURCES CORPCANAMEX RESGMV Minerals, Inc. Related QuotesSymbolPriceChangeCSQ.V0.130.00Follow these stocks} VANCOUVER, BRITISH COLUMBIA–(Marketwire – 07/06/11) – Canamex Resources Corp. (TSX-V:CSQ – News)(Frankfurt:CX6 – News)
FIRST BAUXITE CORP. (TSX VENTURE:FBX)(FRANKFURT:FBI)(BERLIN:FBI) ("First Bauxite" or the "Company") First Bauxite Corporation is announcing that the Letter of Understanding between the Company and Rio Tinto Mining and Exploration Ltd. ("Rio Tinto") was terminated on February 17, 2011 with immediate effect. On May 23, 2008, Rio Tinto Exploration signed a Letter of Understanding with First Bauxite Corporation, in order to form a four-year joint venture with the purpose of exploring the northern portion of the coastal bauxite belt of Guyana for economic metallurgical bauxite resources.
The Russian miner is hoping to boost its mining operations in Guyana, offering to buy the shares it doesn't already own for 43% more than where they were trading on Tuesday. Read more
Workers at Guyana's largest bauxite mine are resisting pressure from the company for 75 layoffs in return for a 10% wage increase for those who remain.
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