Guyana Goldfields Inc. announces that its underground development work to advance the exploration decline at Mad Kiss is temporarily suspended due to further information requested by the Environmental Protection Agenda in Guyana. The EPA is scheduled to inspect the site today and provide further clarity regarding their request. The Company expects [...]
Guyana Goldfields Inc. is pleased to announce that the Company has commenced underground development at the Aurora Mine completing the first blast on the Mad Kiss portal . The contractor will complete and reinforce the collar and extend the decline 200 metres to fulfil the scope of the early works phase. The Company expects this will be completed [...]
Guyana Goldfields Inc. announces that it has received approval from the Toronto Stock Exchange of its Notice of Intention to commence a Normal Course Issuer Bid . The Company intends to purchase, from time to time as it considers advisable, over the following 12-month period of the NCIB program, an aggregate of approximately 8,155,948 common shares [...]
Guyana Goldfields Inc. announced today that Mr. Paul Murphy, Executive Vice President, Finance and Chief Financial Officer will take a medical leave of absence, effective November 6, 2018, and that Mr. Christopher Stackhouse, current Vice President Finance, has been appointed interim Chief Financial Officer. The Board of Directors would like to [...]
Guyana Goldfields Inc. announces that its Board has approved the Company making an application to implement a normal course issuer bid . Notice of Intention to commence the NCIB together with the terms and conditions has been filed with the Toronto Stock Exchange and awaits approval. It is estimated that the approval process can take up to seven [...]
Guyana Goldfields Inc. announces that the Board of Directors has accepted the resignation of Mr. Patrick Sheridan Jr. as a director of the Company, effective immediately. Mr. Sheridan served as the Company's Executive Chairman from June 2013 to July 2018. On July 30, 2018, the Executive Chair position was eliminated when Mr. René Marion was [...]
Guyana Goldfields Inc. reports its 2018 third quarter operational and financial results. All amounts are expressed in U.S. dollars unless otherwise stated. A conference call will be held today, Tuesday, October 30th at 10:00 am ET to discuss third quarter results and details of the call can be found at the end of this release. The Company [...]
Guyana Goldfields Inc. announces that gold production from mining operations at its Aurora Gold Mine totalled approximately 40,980 ounces poured for the third quarter ended September 30, 2018. The Company sold 41,200 ounces of gold at an average realized gold price of US$1,200 per ounce, generating gross third quarter revenues of US$49.4 million [...]
Guyana Goldfields Inc. is pleased to report the appointment of Mr. Ron Stewart as the Company's Senior Vice President, Technical Services and Corporate Development effective as of September 17, 2018. Mr. Stewart is a mining professional with over 30 years of international experience in exploration, project development, operations and capital [...]
Guyana Goldfields Inc. is pleased to provide an exploration update from the diamond drill program currently underway at the East Walcott deposit in Guyana. The drill program is focused on the delineation of higher grade mineralization within East Walcott to assist with underground planning including finalizing the location of the second [...]
Guyana Goldfields Inc. is pleased to announce that it has closed the sale of its 6.1% interest in SolGold plc , the majority owner and operator of the Cascabel porphyry copper-gold project in Ecuador, for gross proceeds of approximately US$35 million. The Company intends to use the proceeds from the sale for debt reduction and general corporate [...]
Guyana Goldfields Inc. is pleased to announce that it has entered into a definitive agreement with BHP Billiton plc to sell its 6.1% interest in SolGold plc , the majority owner and operator of the Cascabel porphyry copper-gold project in Ecuador. Under the terms of the agreement, BHP will acquire GGI's entire stake of 103,125,000 shares in SolGold [...]
