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Canadian miner Guyana Goldfields signs $1-billion deal with Guyana |
22 Nov 2011 06:52 #61441
by chairman
GEORGETOWN, Guyana - Guyana has signed a $1 billion deal with a Canadian-based company in what the government says is the largest private investment for the South America country's mining sector.
Guyana Goldfields Inc. (TSX:GUY) says Friday's deal is the first large-scale gold mining licence that Guyana has issued since 1991.
The government says the Aurora project is expected to create more than 1,900 temporary and permanent jobs. It is located some 170 kilometres west of Georgetown.
Guyana Goldfields is based in Toronto.
Guyana also has signed a $138 million contract with the China Harbour Engineering Co. to build a new airport terminal and lengthen the runway at the country's principal airport.
_ With files from The Canadian Press.
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
cricketwindies.com/forum/
GEORGETOWN, Guyana - Guyana has signed a $1 billion deal with a Canadian-based company in what the government says is the largest private investment for the South America country's mining sector.
Guyana Goldfields Inc. (TSX:GUY) says Friday's deal is the first large-scale gold mining licence that Guyana has issued since 1991.
The government says the Aurora project is expected to create more than 1,900 temporary and permanent jobs. It is located some 170 kilometres west of Georgetown.
Guyana Goldfields is based in Toronto.
Guyana also has signed a $138 million contract with the China Harbour Engineering Co. to build a new airport terminal and lengthen the runway at the country's principal airport.
_ With files from The Canadian Press.
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
cricketwindies.com/forum/
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