Gold production by Guyana Goldfields Inc totalled 35,901 ounces last year and the Canadian firm is now in commercial production and hopes to produces at least 130 000 ounces of the precious mineral at its Aurora Gold Mine this year.
From October 1, 2015 to December 31, 2015, the company produced 35,723 ounces of gold, of which, 28,850 ounces were sold at an average realized price of US$1,079 per ounce generating approximately US$31.1 million in pre-tax revenue, a statement from the company yesterday said.
“I would like to thank the entire team on our significant milestone of achieving production guidance for 2015. We have successfully ramped up Aurora and the hard rock is processing nicely through the primary crusher. We look forward to the next few quarters and demonstrating continued production success to