GUYANA Mining News

Aussie miner to open Guyana’s second largest gold mine

Troy Resources' Karouni mine is expected to produce up to 100,000 ounces of the precious metal a year.

Guyana gold mine aiming for September start-up

90,000 ounces per year project will start as an open-pit mine.

Company snapshot: Guyana Goldfields

Guyana Goldfields Inc. is a Canadian based company, focused on the exploration and development of gold deposits in Guyana, South America.

Tajiri Reports assay results from Kaburi PL gold property: Hard rock values of up to 15.3 g/t gold

Of the 158 panel samples collected results ranged from trace to 15.3 g/t Au with an average of 0.51 g/t Au.

Reunion Gold announces completion of its 2012 exploration program at Matthews Ridge

The Matthews Ridge manganese project is in Guyana, South America.

Mahdia Gold Corp (CNSX:MGD) announces appointment of new CEO

The company announced that as part of its long-term strategic plan, Mr. Gorden Glenn has been appointed as Chief Executive Officer of the company effective immediately.

Tajiri samples up to 2.66 g/t gold in soil at Kaburi, closes second and final tranche of private placement

Results are based geochemical soil samples taken from the company's Kaburi PL Gold property located in the Mazaruni District of the Republic Guyana, South America.

Mahdia Gold Corp (CNSX:MGD) announces land expansion in Omai District

This expands the Company's land for exploration and mining purposes, by a multiple of almost 4 times to 28,646 acres in the same area.

Latin America poised to become uranium superpower

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.

Good to go-ld: Guyana proving its worth for explorers of all sizes

Though it has long been a source of wealth for the country, gold exploration in Guyana has been on a tear over the last four years.

Canamex closes $2,933,820 financing

On August 10, 2012, the company issued a total of 10,866,000 Units at a price of $0.27 per unit, each unit consisting of one common share and one share purchase warrant.

AZH completes $6m capital raising oversubscribed

The company took subscriptions amounting to $6.0m before costs and on completion will issue 17,142,857 shares at $0.35 per share, the closing price of the Company's shares on 31 July 2012.

China’s Bosai Minerals Group ponders leaving Guyana due to hostility

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.

Reunion Gold provides further drilling results on its Matthews Ridge Manganese project

The survey provides results on 43,444 meters of drilling at the company's Matthews Ridge location in South America.

Sandspring Resources Ltd. issued environmental permit for Toroparu gold droperty

The Canadian mining company, currently in advanced exploration of its multi-million-ounce Toroparu project, announced that the Environmental Permit for the development has been issued by the Guyana Environmental Protection Agency

Guyana Goldfields Inc. appoints Mr. Scott A. Caldwell to the board of directors

Mr. Scott A. Caldwell is the newest member appointed to the board of directors as Guyana Goldfield continues gold exploration in South America.

Investors pile back into Guyana Goldfields on new feasibility

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 Acquires Rare Earth Property With Estimated Value of $10 Million

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.

Sandspring Provides Update of NI 43-101 Technical Report

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...

Canadian firm to restart manganese ore exports from Guyana in 2014

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.

Investors find holes in Guyana Goldfields definitive study, decide the company is worth 20% less

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 Commences Drilling Program at Marudi Mountain Gold Project

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.

Argus receives title and uranium licence for the large-scale, drill-ready Kaituma uranium/gold project

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.

First Bauxite Corporation Files NI 43-101 Technical Report-Bankable Feasibility Study Update for the Bonasika Project

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...