Guyana Goldfields Inc. today announced the results from its fourth quarter 2018 brownfield surface exploration drilling campaign at the Aurora Gold Mine , located in Guyana, South America. The Company also described revisions to the geological interpretation of the gold mineralization at Aurora compared with that which was used for the 2012 [...]
Guyana Goldfields Inc. announces that Paul J. Murphy, who is currently on leave as Chief Financial Officer of the Company, will not be resuming his role with the Company. Mr. Christopher Stackhouse will continue as the Interim Chief Financial Officer. About Guyana Goldfields Inc.: [...]
Local talent promoted, exploration refocused, operational efficiencies created, new Sustainability Manager and new Corporate Social Responsibility/Sustainability Coordinator appointed Guyana Goldfields Inc. today announced a restructuring of its Country Office in Guyana and provided an update on the progress it has made in employee development [...]
Guyana Goldfields Inc. shareholders , together owning not less than 5% of the issued and outstanding shares of the Company, announce the launch of a new website, FixGUYGold.com, to keep shareholders informed about their plan to rectify performance issues at the Company, lead a share price recovery and seek a value-maximizing transaction. The [...]
Guyana Goldfields Inc. is pleased to announce the appointment of Suresh Kalathil as Senior Vice President and Chief Operating Officer, effective March 1. Mr. Kalathil is a mining engineer with more than 25 years' experience working in open pit and underground operations and major projects around the world. He is a Certified First Class Mine Manager [...]
Board's decision to delay meeting is a transparent attempt to buy time to initiate an ad hoc defensive strategy whereby current directors will handpick and install their own replacements Concerned shareholders thank shareholders for overwhelming early expressions of support to replace the board and halt value-destruction [...]
Highlights Annual and Special Meeting of Shareholders will be held on May 22, 2019 A special committee of independent directors has been formed to ensure that actions taken regarding the Sheridan Dissidents are in the best interests of the Company The Sheridan Dissidents initiated a costly and unnecessary proxy fight without any notice to or [...]
Fourth Quarter and Full Year 2018 Highlights Gold production of 42,750 ounces in the fourth quarter, representing the third best quarterly production to date, and 150,450 ounces of gold produced for the full year 2018, within revised annual production guidance. Mining rate averaged 69,200 tonnes per day in the fourth quarter, a new record and close [...]
Concerned Shareholders welcome early expressions of support for their highly qualified and experienced director nominees Meeting of shareholders urgently needed to halt dramatic value-destruction and improve the company's performance Warns Guyana Goldfields' board of directors to refrain from self-serving or defensive actions to the detriment of [...]
Guyana Goldfields Inc. is pleased to announce the appointment of Mr. Perry Holloway as the Company's Senior Vice President, Strategy & Corporate Affairs, effective as of January 1, 2019. Mr. Holloway is a career diplomat with more than 30 years of international experience in Latin America and the Caribbean focusing on government relations, business [...]
Guyana Goldfields Inc. announces that it has received a Requisition of a Special Meeting of Shareholders of the Company . The requisition is being made by certain shareholders who in aggregate as of December 31, 2018, own 9.45 million common shares of the Company, representing approximately 5.4% of the total shares outstanding in the Company. The [...]
New board will revitalize Guyana Goldfields by optimizing operations, leading share price recovery and seeking a value-maximizing transaction Fully independent nominees bring superior mining, operational, public company, financial and legal expertise, and will create wealth for long-suffering shareholders who have lost over CDN$1 billion in value [...]