Articles related to Guyana |
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| Przemyslaw Radomski CFA - SunshineProfits |
Harvey and Gold |
Last week, hurricane Harvey devastated parts of the U.S. What does it mean for the gold market?
On Friday, Hurricane Harvey made landfall in Texas (and later in Louisiana), causing catastrophic flooding. The storm caused at least 71 confirmed deaths in the U.S. (and 1 in Guyana), inundated hundreds of thousands of homes and displaced more than 30,000 people. It’s probably the worst disaster in Texas history and the second-most costly in the U.S. history. Economic losses are estimated at $81 billThursday, September 7, 2017 |
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| Chris Powell - GATA |
Guyana gold miners threaten to protest, reduce declarations amid new tax measures |
Miners under the umbrella of the Guyana Gold and Diamond Miners Association on Friday warned that they would halt gold mining, reduce declarations, and stage a countrywide protest if President David Granger fails to meet with them within two weeks and address their concerns about heavy taxation.
"The main problem we have to accept is that the government does not respect this industry at the present time," said association consultant Tony Shields, reflecting that miners' representatives met GrangSunday, January 29, 2017 |
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| 24hGold - Publicnow |
Quarterly Activities Report - June 2016 |
For the three months ended 30 June 2016
HIGHLIGHTS
» Group gold equivalent production for FY16 of 82,826oz.
» Karouni gold production of 14,545oz. for the Quarter.
» C1 Unit Cash Cost of US$658/oz. for the Quarter and US$515/oz. from 1 January 2016.
» Revolving Debt Facility restructured with Investec on more favourable terms.
» Debt paid down by a further US$3.75 million with US$32.4 million having been repaid in the last 12 months.
» Receipt of US$1.99 mFriday, July 29, 2016 |
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| 24hGold - Publicnow |
Hess Reports Estimated Results for the Second Quarter of 2016 |
HESS CORPORATION
HESS REPORTS ESTIMATED RESULTS FOR THE SECOND QUARTER OF 2016
Second Quarter Highlights:
Net loss was $392 million, or $1.29 per common share, compared with a net loss of $567 million, or $1.99 per common share, in the prior-year quarter
Adjusted net loss was $335 million, or $1.10 per common share, compared to an adjusted net loss of $147 million, or $0.52 per common share, in the second quarter of last year
E&P capital and exploratory expenditures were $485 milWednesday, July 27, 2016 |
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| 24hGold - Publicnow |
2016 Half Year Results |
Published on: 27 July 2016
Tullow Oil plc (Tullow), the independent oil and gas exploration and production group, announces its half year results for the six months ended 30 June 2016.
First half 2016 profit after tax of $30 million and pre-tax operating cash flow of $256 million
TEN Project remains on budget and is on schedule for first oil in early August
Kenya exploration and appraisal campaign to re-commence in the fourth quarter of 2016
Open 2016 Half Year Results Statement
COMMWednesday, July 27, 2016 |
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| 24hGold - Publicnow |
Operational Update |
9fb58de9-3bf5-4b54-bcbd-f25b15b6b16b.pdf
13 July 2016
TROY OPERATIONAL UPDATE
Troy Resources Limited (ASX: TRY) provides the following update on activities at its Karouni Gold Operation in Guyana ahead of the release of its next Quarterly Report for the period ending 30 June 2016 later this month.
Operational
Progress advancing the Smarts pit into fresh rock has been slower than anticipated. This is due to the prolonged severity of the wet season and the requirement to cordon off sectioWednesday, July 13, 2016 |
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| 24hGold - Publicnow |
GOLD Goldsource Reports Production Results for Q2 and H1 2016; Eagle Mountain Gold Project |
VANCOUVER, BC - July 11, 2016 - Goldsource Mines Inc. ('Goldsource' or the 'Company') is pleased to report the production results for the second quarter ('Q2') and for the first half ('H1') of 2016 at its Eagle Mountain Gold Project ('Eagle Mountain') located in Guyana, South America. Phase I of Eagle Mountain is based on a Preliminary Economic Assessment ('PEA') dated June 15, 2014, which calls for a 1,000 tonnes per day ('tpd') open pit - gravity plant with post-commissioning and ramp up cash Monday, July 11, 2016 |
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| 24hGold - Publicnow |
Trading Statement and Operational Update |
Published on: 30 June 2016
Tullow Oil plc (Tullow) issues this statement to summarise recent operational activities and to provide trading guidance in respect of the financial half year to 30 June 2016.
This is in advance of the Group's Half Year Results, which are scheduled for release on Wednesday 27 July 2016. The information contained herein has not been audited and may be subject to further review and amendment.
TEN project remains on schedule; First oil expected within the next threeThursday, June 30, 2016 |
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| 24hGold - Publicnow |
GOLD Guyana Goldfields Inc. Announces Increase To Prevously Announced Bought Deal Financing To $130 Million Offering Of Common Shares |
June 27th, 2016
Guyana Goldfields Inc. Announces Increase To Prevously Announced Bought Deal Financing To $130 Million Offering Of Common Shares
TORONTO, June 27, 2016 - Guyana Goldfields Inc. (TSX:GUY) ('GGI' or the 'Company') has announced today that, due to strong demand, it has increased the size of its previously announced public offering to $130 million. The Company has entered an agreement with a syndicate of underwriters led by BMO Capital Markets, Scotiabank and RBC Capital Markets,Monday, June 27, 2016 |
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| 24hGold - Publicnow |
GOLD Guyana Goldfields Inc. Announces C$110 Million Bought Deal Financing |
June 27th, 2016
Guyana Goldfields Inc. Announces C$110 Million Bought Deal Financing
TORONTO, June 27, 2016 - Guyana Goldfields Inc. (TSX:GUY) ('GGI' or the 'Company') has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, Scotiabank and RBC Capital Markets, as joint bookrunners, under which the underwriters have agreed to buy on a bought deal basis by way of a short form prospectus, ● common shares ('Common Shares') from the CoMonday, June 27, 2016 |
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| 24hGold - Publicnow |
Goldsource Reports Results of AGM |
VANCOUVER, BC - June 23, 2016 - Goldsource Mines Inc. ('Goldsource' or the 'Company') is pleased to announce the results of its Annual General Meeting of Shareholders ('AGM') held yesterdayin Vancouver, B.C.
Holders of a total of 67,430,067 shares (50.97% of the outstanding shares as of the record date) were represented in person or by proxy at the meeting.
Shareholders voted in favour of all items of business, including fixing the number of directors at four and the re‑election of each of tThursday, June 23, 2016 |
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| 24hGold - Publicnow |
GOLD Goldsource Achieves Commercial Production at Eagle Mountain Gold Project |
VANCOUVER, BC - June 21, 2016 - Goldsource Mines Inc. ('Goldsource' or the 'Company') is pleased to announce that it has reached commercial production on Phase I at its Eagle Mountain Gold Project ('Eagle Mountain') located in Guyana, South America. The Company had defined commercial production as achieving an average minimum of 80% of the 1,000 tonnes per day nameplate capacity and 45% recovery in Falcon gold concentrate over a continuous period of 30 days. The operation achieved this milestoneTuesday, June 21, 2016 |
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| 24hGold - Publicnow |
GOLD Guyana Goldfields Inc. Added to the SP/TSX Composite Index and NYSE Arca Gold Miners Index |
June 14th, 2016
Guyana Goldfields Inc. Added to the S&P/TSX Composite Index and NYSE Arca Gold Miners Index
TORONTO, June 14, 2016/CNW/ - Guyana Goldfields Inc. (TSX: GUY) ('GGI' or the 'Company') is pleased to announce that it will be added to the S&P/TSX Composite Index and the NYSE Arca Gold Miners Index, effective after the close of trading on Friday, June 17, 2016. S&P Dow Jones Canadian Index Services announced this addition on June 10, 2016, following results of their quarterly reviewTuesday, June 14, 2016 |
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| 24hGold - Publicnow |
Karouni Operational Update |
01e1237e-2057-4276-89e8-2177f7abe954.pdf
27 May 2016
KAROUNI OPERATIONAL UPDATE
Perth, Western Australia: Troy Resources Limited (ASX: TRY) today provided the following update on operational activities at its Karouni Gold project in Guyana, South America.
Operating performance at Karouni has been impacted by the emergence of mill trip outs caused by the alarm system in the milling circuit. These trips were initially sporadic, but over a short time increased in intensity to a point where eFriday, May 27, 2016 |
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| 24hGold - Publicnow |
GOLD Guyana Goldfields Inc. Reports First Quarter 2016 Results; Sold 40,568 Ounces of Gold Generating $18M in Free Cash Flow |
May 9th, 2016
Guyana Goldfields Inc. Reports First Quarter 2016 Results; Sold 40,568 Ounces of Gold Generating $18M in Free Cash Flow
TORONTO, May 9, 2016/CNW/ - Guyana Goldfields Inc. (TSX: GUY) ('GGI' or the 'Company') reports its operational and financial results for the first quarter of 2016. All amounts are expressed in U.S. dollars unless otherwise stated. A conference call will also be held tomorrow, Tuesday, May 10that 10:00 am ETto discuss first quarter results.
Q1 2016 HighlightsMonday, May 9, 2016 |
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| 24hGold - Publicnow |
GOLD Guyana Goldfields Inc. Announces Results of Shareholders’ Meeting |
May 9th, 2016
Guyana Goldfields Inc. Announces Results of Shareholders' Meeting
TORONTO, May 9, 2016/CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the 'Company' or 'GGI') is pleased to announce that all matters presented for approval at GGI's annual meeting of shareholders held on May 9, 2016, have been duly authorized and approved, as follows:
(i)
election of all management nominees to the board of directors of the Company;
(ii)
appointment of PricewaterhouseCoopers Monday, May 9, 2016 |
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| Sprott Money |
There Might Be Dragons (The Fear of Internationalization) - Jeff Thomas |
In the early sixteenth century, the Hunt-Lenox
globe was drawn, showing uncharted (and presumably dangerous) areas, marked
with the warning: “HIC SVNT DRACONES” – “Here are Dragons.”
Subsequent to that time, mariners sometimes
adopted the phrase, “there might be dragons,” if they became concerned for
their safety when in unfamiliar waters.
It’s now an archaic saying, yet it’s even more
applicable today than in times of yore. There are literally millions of people (particularly
in the EU, USFriday, April 29, 2016 |
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| 24hGold - Publicnow |
GOLD Eagle Mountain Gold Project Phase I Commissioning Update, Year to Date Results |
VANCOUVER, BC - April 20, 2016 - Goldsource Mines Inc. ('Goldsource' or the 'Company') is pleased to report on Phase I commissioning activities at its Eagle Mountain Gold Project ('Eagle Mountain') located in Guyana, South America. Outlined below is a summary of the most significant activities completed year to date including start of commissioning, the first metal pour, and first gold sale.
Phase I is based on a Preliminary Economic Assessment ('PEA') dated June 15, 2014, which calls for a 1,Wednesday, April 20, 2016 |
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| 24hGold - Publicnow |
Goldsource Announces Early Warrant Exercise; Accelerates Plan to Expand Production at Eagle Mountain |
VANCOUVER, BC - April 18, 2016 - Goldsource Mines Inc. ('Goldsource' or the 'Company') is pleased to announce that a total of 5,131,000 warrants issued in February 2014 and December 2014, and expiring February 28, 2017 and December 12, 2017 respectively, were exercised early for gross proceeds of CAD$1,240,875. Of the warrants exercised, a total of 3,533,500 were exercised by insiders of the Company. The Company will use the gross proceeds for working capital and accelerating planned expansion oMonday, April 18, 2016 |
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