Although a report on Monday once again raised the prospect of the sale of Guyana Goldfields Inc. (GGI) because of poor performance, government remains optimistic that the Canadian company will stay on and said that projections show that its flagship Aurora Gold Mines (AGM) will meet its revised production targets for 2019.
“I met with the new CEO and VP Perry Holloway and others recently and nothing about sale was raised.Today, I had a brief exchange with Mr. Holloway who said that the article was ‘not very accurate,’” Minister of Natural Resources Raphael Trotman told Stabroek News last evening.
He said that he and Holloway are to meet again “in just over a week” and will discuss the matter further.