Canadian Mining Journal

Guyana Goldfields Inc

  • News

    MINING PEOPLE: Epiroc, Golden Star, Guyana Goldfields, and Maverix Metals

    November 27, 2019 by Canadian Mining Journal

    Swedish drilling powerhouse Epiroc AB has named Helena Hedblom its new president and CEO, a promotion from her previous role as senior executive VP mining an infrastructure. She is the holder of a MSc in material technology from the Royal

  • News

    Guyana Goldfields’ reserves drop 43% with new deposit model

    April 9, 2019 by Trish Saywell

    The amount of gold in proven and probable reserves at Guyana Goldfields’ (TSX: GUY) Aurora mine in Guyana has been lowered 1.69 million oz., compared with estimates a year ago, based on “a new and more appropriate mine model,” the company

  • News

    MINING PEOPLE: Adventus, Guyana Goldfields, Nemaska Lithium, and Stornoway

    January 24, 2019 by Canadian Mining Journal

    Adventus Zinc Corp. has named Gunther Sotomayor its VP projects. He has over 30  years of experience including leadership of technical and project development teams. He holds a BSc degree in mechanical engineering from the University of Witwatersrand, Johannesburg and

  • News

    Guyana Goldfields cuts production guidance at Aurora

    November 7, 2018 by Canadian Mining Journal

    Shares of Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) plunged 46% to $1.62 on news that the company has cut its 2018 production guidance and launched a review of the underlying resource model at its Aurora gold mine. The company has hired engineering

  • News

    GOLD: Guyana Goldfields increases equity offering to $130M

    June 27, 2016 by Canadian Mining Journal

    GUYANA – Toronto-based Guyana Goldfields has increased its public offering to $130 million through the sale of 13.83 million shares priced at $9.40 each. The underwriters, let by BMO Capital Markets, Scotiabank and RBC Capital Markets, will purchase 12.83 million

  • News

    Guyana Goldfields nears first gold production at Aurora

    July 27, 2015 by Canadian Mining Journal Editor

    Guyana Goldfields (TSX: GUY) is gearing up to start production at its Aurora gold project in Guyana in the coming weeks, which will make it the newest gold producer in the South American nation.

  • News

    MINING PEOPLE: Golden Minerals, Guyana Goldfields, and Montan Mining

    May 28, 2015 by Canadian Mining Journal Editor

    Golden Minerals Co. of Golden, CO, has promoted Warren Rehn to president, replacing Jeffrey G. Clevenger who continues to serve as chairman and CEO.

  • News

    GOLD: Guyana Goldfields raises $185M for Aurora project

    September 3, 2014 by Canadian Mining Journal Editor

    GUYANA – Guyana Goldfields of Toronto has signed a credit agreement that gives it US$185 million with which to complete its Aurora gold mine on the Cuyuni River. The project is now fully funded.

  • News

    MINING PEOPLE: Beaufield, Cap-Ex Iron Ore, Guyana Goldfields, Skyharbour, Stellar AfricaGold, and Superior Copper

    June 5, 2013 by Canadian Mining Journal Editor

    Beaufield Resources of Montreal has named Jens E. Hansen its new president and CEO. He had held those posts in the interim since March 2013. Hansen is also president of Geotest with whom Beaufield has entered into a formal consulting agreement.

  • News

    Investors like Guyana Goldfield’s new Aurora plan

    January 15, 2013 by Canadian Mining Journal Editor

    VANCOUVER – After a first feasibility study scared investors with its steep price tag and shaky economics, Guyana Goldfields took its Aurora gold project back to the drawing board.

  • News

    MINING PEOPLE IN THE NEWS: Guyana Goldfields, SGS, and SNC-Lavalin

    September 10, 2012 by Canadian Mining Journal Editor

    The new president and COO of Toronto-based Guyana Goldfields is Marcel F. DeGuire, effective Oct. 3, 2012. He will use his 40 years of experience to continue development of the Aurora gold project and deliver a bankable feasibility study. He…

  • News

    Speculation mounts about IamGold’s takeover targets

    April 24, 2012 by Canadian Mining Journal Editor

    IamGold chief executive Steve Letwin says the cash-rich miner plans to spend $400 million to $500 million on an acquisition in the Americas over the coming months. The mid-tier gold producer has about $1.4 billion in cash and no debt and wants…