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Last C$3.53 CAD
Change Today +0.30 / 9.29%
Volume 798.8K
GUY On Other Exchanges
GUY is not on other exchanges.
As of 4:00 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

guyana goldfields inc (GUY) Snapshot

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09/11/14 - C$3.59
52 Week Low
05/28/14 - C$1.77
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guyana goldfields inc (GUY) Details

Guyana Goldfields Inc., a mineral exploration company, engages in the exploration and development of gold deposits in Guyana, South America. It owns a 100% interest in the Aurora gold project located in Guyana. The company is headquartered in Toronto, Canada.

guyana goldfields inc (GUY) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: C$623.4K
Founder and Executive Chairman
Total Annual Compensation: C$455.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: C$440.6K
Chief Operating Officer
Total Annual Compensation: C$466.7K
Vice President of Exploration and Director
Total Annual Compensation: C$262.5K
Compensation as of Fiscal Year 2014.

guyana goldfields inc (GUY) Key Developments

Guyana Goldfields Inc. to Provide a General Corporate Update on Aurora Gold Project Located in Guyana

Guyana Goldfields Inc. announced to provide a general corporate update on the construction progress of its 100%-owned Aurora Gold Project located in Guyana, South America. GGI will begin phased commissioning of its gold processing plant in mid-2015, which includes the semi-autogenous grind mill and gravity circuit. Full plant mechanical completion is anticipated in the third quarter of 2015. GGI is targeting a three-month timeframe to reach commercial production which is estimated in late third quarter of 2015. The Company expects to produce between 30koz to 50koz of gold in 2015. First full year of gold production will be 2016. Plant construction has been focused on the installation of critical plant components to support the phased commissioning plan. Key operating systems include the saprolite feed system, the SAG mill and gravity circuit, followed by carbon in leach (CIL) tanks, gold room and effluent treatment systems. Commissioning includes power generation, water and air support systems. All bulk earthworks on the plant platforms and dam and water retention structures are complete. Clearing of the Rory's Knoll open pit has defined the pit outline with excavation below river level with no in-flow of water, as expected. All major material and equipment are on site and undergoing final assembly and installation. Overall, Project construction is approximately 80% complete with the Company now focusing on operational readiness and upcoming commissioning.

Guyana Goldfields Inc., Annual General Meeting, May 15, 2015

Guyana Goldfields Inc., Annual General Meeting, May 15, 2015., at 16:00 Eastern Daylight. Location: Ivey ING Direct Leadership Centre, 130 King Street West (Exchange Tower ­ Ground Floor). Agenda: To receive and consider the financial statements of the corporation for the fiscal year ended December 31, 2014, together with the report of the auditors thereon; to elect directors; to appoint auditors and to authorize the directors to fix their remuneration; to confirm the existing stock option plan of the corporation, all as further set in the management information circular of the corporation dated as of April 8, 2015; to approve and confirm the shareholder rights plan of the corporation, all as further set in the circular; and to transact such further or other business as may properly come before the meeting or any adjournment or adjournments thereof.

Guyana Goldfields Inc. Announces the Arrival of Semi-Autogenous Grind Mill Shells to Aurora Gold Project

Guyana Goldfields Inc. announced the arrival of the semi-autogenous grind (SAG) mill shells to its Aurora Gold Project presently under construction in Guyana, South America. The 26ft diameter x 18ft long SAG mill was manufactured by CITIC Heavy Industries Co. Ltd. and has an installed power of 5.5 megawatts designed to process an initial throughput of 5,000 tonnes of ore per day. The mill arrived at GGI's Buckhall wharf and was transported along the access road to Aurora earlier this month by being split into two sections. Each shell section weighed approximately 49 tonnes and the total combined weight was approximately 100 tonnes.


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