Production in several large-scale gold mining projects is not foreseen within the next two years, according to local mining officials.
Two of the largest proposed projects; Guyana Goldfields’ Aurora project and ETK’s Toroparu project are fairly advanced in terms of exploration and they have detailed information but they are not close to production. At Aurora, actual mining is unlikely to commence for another 24 months at minimum, said Commissioner of the Guyana Geology and Mines Commission (GGMC), William Woolford. He added that at Toroparu, this would probably take place in another 24 to 36 months. “We welcome them, they’re working hard and so on but we don’t anticipate that they’ll be producing gold for another two to three years”, Woolford said last week.
Head of the Geological Services Division at the GGMC, Kampta Persaud noted that before they get to that stage,