Guyana Goldfields Inc



Coeur Mining bought the Wharf gold mine (shown) in South Dakota from Goldcorp in early 2015 for US$105 million. Credit: Coeur Mining

A sobering look at gold M&A since 2010

Raymond James analyst Phil Russo has reviewed 67 mergers and acquisitions (M&A) in the gold space since 2010 to determine how many are viable producing, developing and streaming deals. He has found that 40% of transactions would not recoup…


Guyana Goldfields' Aurora gold mine under construction in Guyana, 170 km west of the capital Georgetown. Credit: Guyana Goldfields.

Guyana Goldfields nears production at Aurora

Guyana Goldfields (TSX: GUY) is gearing up for production at its Aurora gold mine in Guyana this August, which will make it the newest gold producer in the South American nation.


Mills spinning at Kirkland Lake Gold's Macassa gold mine in Ontario. Source: Kirkland Lake Gold

Gold stocks that soared in 2015’s H1

Several gold producers have registered strong share price gains during the first half of 2015, despite price pressure on the yellow metal. The spot gold price dipped 0.7% from last year’s close to end June 30 at US$1,174 per oz. It has…


Detour Gold's Detour Lake gold mine, 185 km northeast of Cochrane, Ontario.  Credit: Detour Gold

Gold juniors that gained traction in 2014

It was another lacklustre year for gold and gold equities, with the spot price for gold dipping below 2013’s close and down 14% from the high reached in March 2014, to exit the year at US$1,182.90 per oz. Despite that dim backdrop, more…


An aerial view of a camp under construction at Guyana Goldfields' Aurora gold project in Guyana. Credit: Guyana Goldfields

Guyana Goldfields fully funds Aurora

Guyana Goldfields (TSX: GUY) has secured financing to bring its Aurora gold project in Guyana into production by mid-2015. The good news came in the form of approvals by a group of lenders to provide US$185 million in debt financing to cover…



A plane on the airstrip at Sandspring Resources' Toroparu gold project in northern Guyana. Source: Sandspring Resources

Guyana offers golden upside for frontier explorers

VANCOUVER — Though the last commercial-scale, gold-mining operation in the small Caribbean nation of Guyana closed its doors in 2005, the country’s intriguing geology and artisanal mining history continue to beckon Toronto-listed…


Guyana could offer golden upside for frontier explorers

VANCOUVER — Though the last commercial-scale gold mining operation in the small Caribbean nation of Guyana closed its doors in 2005, the country’s intriguing geology and artisanal mining history continue to beckon Toronto-listed explorers…




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