Tag Archives: Guyana’s Gold Sector is Booming – 700.000 ounces projected for 2017

Guyana’s Gold Sector is Booming – 700,000 ounces projected for 2017

Guyana’s Gold Sector Shines

GEORGETOWN, Guyana, Thursday August 10, 2017 – It’s been a golden year so far for Guyana’s lucrative gold sector.

Industry experts say production is booming and the country is well on track to meeting its targets for 2017.

According to officials, just seven months into the year, more than 360,000 ounces of gold have been produced, earning just above US$450 million in revenue.

Figures released show that as of July 31, this year, a total of 367,861 ounces had been declared.

Officials say this puts the country well on track to meeting its target of 700,000 ounces of gold and already surpasses last year’s output which had been set at 600, 000 ounces.      Continue reading

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