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Guyana Goldfields Inc (GUY.TO)

GUY.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Guyana Goldfields says Restructuring Guyana Country Office
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Guyana Goldfields Inc ::GUYANA GOLDFIELDS INC. STRENGTHENS PRESENCE IN GUYANA, RESTRUCTURES COUNTRY OFFICE.GUYANA GOLDFIELDS INC - AS PART OF RESTRUCTURING, COMPANY HAS REDUCED ITS EXPATRIATE WORKFORCE BY 14, REPRESENTING APPROXIMATELY 30% OF TOTAL EXPATRIATE STAFF.GUYANA GOLDFIELDS INC - ALL OF GUYANA GOLDFIELDS' AND AURORA GOLD MINE'S ACTIVITIES IN GEORGETOWN WILL BE MANAGED OUT OF A SINGLE OFFICE IN COUNTRY.GUYANA GOLDFIELDS INC - GUYANA COUNTRY MANAGER VIOLET SMITH IS LEAVING COMPANY, AS HER POSITION HAS BECOME REDUNDANT.GUYANA GOLDFIELDS INC - INTENDS TO RESUME ITS GREENFIELDS EXPLORATION IN FIRST HALF OF 2019.GUYANA GOLDFIELDS INC - SECOND OFFICE IN GUYANA LOCATED AT NORTH ROAD WILL BE CLOSED EFFECTIVE IMMEDIATELY.GUYANA GOLDFIELDS INC - H2 2018 DECISION TO REFOCUS EXPLORATION EFFORTS RESULTED IN NET REDUCTION IN TOTAL EXPLORATION TEAM OF 45 EMPLOYEES.  Full Article

Some Shareholders Of Guyana Goldfields Says Nominated 6 Nominees To Replace Its Board
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - Some Shareholders Of Guyana Goldfields::SOME SHAREHOLDERS OF GUYANA - NOMINATED SIX NOMINEES TO REPLACE ALL OF GUYANA GOLDFIELDS' BOARD OF DIRECTORS.SOME SHAREHOLDERS OF GUYANA GOLDFIELDS SAY ARE "DISAPPOINTED" BY CO'S ANNOUNCEMENT DELAYING A SPECIAL MEETING OF SHAREHOLDERS TO MAY 22.SOME SHAREHOLDERS OF GUYANA- THEIR GROUP INCLUDES NORTHFIELD CAPITAL CORPORATION, ROBERT CUDNEY, DONALD ROSS, GRETCHEN ROSS AND PATRICK SHERIDAN.SOME SHAREHOLDERS OF GUYANA GOLDFIELDS SAY THEY TOGETHER OWN NOT LESS THAN 5% OF ISSUED AND OUTSTANDING SHARES OF GUYANA.SOME SHAREHOLDERS OF GUYANA GOLDFIELDS - GUYANA GOLDFIELDS MADE NO ATTEMPT TO REACH OUT OR ENGAGE "CONCERNED SHAREHOLDERS".  Full Article

Some Guyana Goldfields Shareholders Issue Statement On Meeting Of Shareholders
Thursday, 10 Jan 2019 

Jan 10 (Reuters) - Shareholders Of Guyana Goldfields, Together Owning Not Less Than 5% Of Co : :SHAREHOLDERS OF GUYANA GOLDFIELDS, TOGETHER OWNING NOT LESS THAN 5% OF CO, ISSUE STATEMENT ON MEETING OF SHAREHOLDERS OF CO.SHAREHOLDERS OF GUYANA GOLDFIELDS, TOGETHER OWNING NOT LESS THAN 5% OF CO SAY, "MEETING OF SHAREHOLDERS URGENTLY NEEDED".SHAREHOLDERS OF GUYANA GOLDFIELDS, TOGETHER OWNING NOT LESS THAN 5% OF CO SAY, NEW LEADERSHIP IS NEEDED AT CO.  Full Article

Guyana Goldfields Inc Reports Q3 2018 Results
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Guyana Goldfields Inc ::GUYANA GOLDFIELDS INC. REPORTS THIRD QUARTER 2018 OPERATIONAL AND FINANCIAL RESULTS; REVISED 2018 GUIDANCE.GUYANA GOLDFIELDS - LOWERING PRODUCTION GUIDANCE TO 150,000 - 155,000 OUNCES OF GOLD FOR 2018.GUYANA GOLDFIELDS INC - 2018 GOLD PRODUCTION GUIDANCE REVISED DOWNWARD TO 150,000-155,000 OUNCES.GUYANA GOLDFIELDS INC - INITIATED A REVIEW OF UNDERLYING RESOURCE MODEL.GUYANA GOLDFIELDS INC - ENGAGED RPA INC TO ASSIST IN INVESTIGATION OF GEOLOGIC CONTROLS AND GRADE VARIABILITY OF DEPOSIT.GUYANA GOLDFIELDS INC SEES 2018 COST OF SALES FOR GOLD FROM $1,030 -$1,055 PER OUNCE.GUYANA GOLDFIELDS INC - EXPECTS RESULTS FROM REVIEW TO BE INCORPORATED IN 2019 GUIDANCE.GUYANA GOLDFIELDS INC - QTRLY AVERAGE MINING RATES IMPROVED BY 49% WHEN COMPARED TO PRIOR QUARTER.GUYANA GOLDFIELDS INC SEES 2018 ALL-IN SUSTAINING COSTS FOR GOLD OF $1,025 -$1,050 PER OUNCE.GUYANA GOLDFIELDS INC SEES 2018 CASH COST FOR GOLD OF $660 - $685 PER OUNCE FOR YEAR.  Full Article

Guyana Goldfields To Realize Gross Proceeds Of US$35 Mln Cash From Sale Of SolGold Investment
Wednesday, 5 Sep 2018 

Sept 4 (Reuters) - Guyana Goldfields Inc ::GUYANA GOLDFIELDS TO REALIZE GROSS PROCEEDS OF US$35 MILLION CASH FROM SALE OF SOLGOLD INVESTMENT.GUYANA GOLDFIELDS INC SAYS HAS ENTERED INTO A DEFINITIVE AGREEMENT WITH BHP BILLITON PLC TO SELL ITS 6.1% INTEREST IN SOLGOLD PLC.GUYANA GOLDFIELDS -BHP WILL ACQUIRE GGI'S ENTIRE STAKE OF 103,125,000 SHARES IN SOLGOLD FOR PURCHASE PRICE OF £27,423,000 OR £0.26592 PER SHARE.  Full Article

Guyana Goldfields Says 2018 Gold Production Cut To 175,000 - 185,000 Ounces
Monday, 16 Jul 2018 

July 16 (Reuters) - Guyana Goldfields Inc ::GUYANA GOLDFIELDS INC. RELEASES SECOND QUARTER 2018 PRODUCTION RESULTS; FULL SECOND QUARTER RESULTS RELEASED ON JULY 30, 2018.GUYANA GOLDFIELDS INC - PRODUCTION AND COST GUIDANCE HAVE BEEN REVISED FOR 2018.GUYANA GOLDFIELDS - LATE ARRIVAL OF EXPANDED HAULAGE FLEET AND LATER THAN PLANNED MOBILIZATION OF CONTRACTOR IN Q2 LED TO REVISION OF 2018 GUIDANCE.GUYANA GOLDFIELDS INC - LATER THAN PLANNED MOBILIZATION OF CONTRACTOR IN Q2 DEFERRED ACCESS TO HIGHER GRADE ORE TO Q4 OF YEAR.GUYANA GOLDFIELDS INC - GRADE AND GOLD PRODUCTION WAS AND REMAINS WEIGHED TOWARDS SECOND HALF OF YEAR.GUYANA GOLDFIELDS INC - GOLD PRODUCTION FROM MINING OPERATIONS AT AURORA GOLD MINE ABOUT 28,250 OUNCES POURED (31,300 OUNCES RECOVERED) FOR Q2.GUYANA GOLDFIELDS INC - SOLD 31,700 OUNCES OF GOLD AT AN AVERAGE REALIZED GOLD PRICE OF US$1,300 PER OUNCE IN Q2.GUYANA GOLDFIELDS INC - 2018 GOLD PRODUCTION CUT TO 175,000-185,000 OUNCES.GUYANA GOLDFIELDS INC - 2018 COST OF SALES GUIDANCE REVISED TO $905-$955 PER OUNCE.GUYANA GOLDFIELDS INC - 2018 ALL-IN SUSTAINING COST GUIDANCE REVISED TO $945-$995 PER OUNCE.  Full Article

Guyana Goldfields Reports Q1 2018 Results
Monday, 30 Apr 2018 

April 30 (Reuters) - Guyana Goldfields Inc ::REPORTS FIRST QUARTER 2018 RESULTS; SOLD 38,000 OZ AU GENERATING US$18.9M IN OPERATING CASH FLOW AND NET EARNINGS OF US$0.05 PER SHARE.GOLD PRODUCTION FOR QUARTER OF 38,500 OUNCES WITH CASH FLOW GENERATION FROM OPERATIONS OF $18.9 MILLION.MAINTAINING ITS ORIGINAL GUIDANCE WITH 2018 TOTAL PRODUCTION STILL EXPECTED TO BE BETWEEN 190,000-210,000 OUNCES.MILL THROUGHPUT ACHIEVED AVERAGING 6,720 TONNES PER DAY ("TPD") FOR QUARTER, OF WHICH 100% WAS HARD ROCK.PRODUCTION IS EXPECTED TO BE WEIGHTED TOWARDS SECOND HALF OF YEAR DUE TO MINE SEQUENCING AND INCREASED MILL THROUGHPUT.  Full Article

Guyana Goldfields Says ‍Gold Produced For 2017 Was 160,500 Ounces At Its Aurora Gold Mine In Guyana
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Guyana Goldfields Inc ::GUYANA GOLDFIELDS - ‍GOLD PRODUCED FOR 2017 WAS 160,500 OUNCES AT ITS AURORA GOLD MINE IN GUYANA, ACHIEVING LOWER END OF PRODUCTION GUIDANCE FOR YEAR​.  Full Article

Guyana Goldfields Plans To Release Optimized Mine Plan For Aurora Gold Mine In Q1
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Guyana Goldfields Inc ::GUYANA GOLDFIELDS INC. CONTINUES TO OPTIMIZE THE AURORA GOLD MINE.GUYANA GOLDFIELDS - PLANS TO RELEASE AN OPTIMIZED MINE PLAN FOR ITS AURORA GOLD MINE IN Q1 2018.GUYANA GOLDFIELDS INC - EXPECTS OPTIMIZED MINE PLAN TO REDUCE CAPITAL AND OPERATING COSTS, SPECIFICALLY IN EARLY YEARS OF MINE LIFE.GUYANA GOLDFIELDS INC - ALSO EXPECTS OPTIMIZED MINE PLAN TO ACCELERATE CASH FLOW AND PROVIDE MORE CONSISTENT OPERATING AND FINANCIAL RESULTS..GUYANA GOLDFIELDS- MINE PLAN INVESTIGATES SHIFT FROM OWNER-OPERATED MINING FLEET TO CONTRACT MINING.  Full Article

Guyana Goldfields ‍expects 2017 production at low end of guidance
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Guyana Goldfields Inc :Guyana Goldfields Inc - Reports production of 41,000 ounces for Q3 2017 generating US$50m in revenues at a cash cost of US$595/oz.‍Expects full year production for 2017 to come in at low end of guidance of 160,000 - 180,000 ounces​.Reports qtrly earnings per share $‍0.04​.Sees FY2017 all-in sustaining costs ‍$775/ounce to $825/ounce ​.  Full Article

PRESS DIGEST- Canada - Jan 11

Jan 11 The following are the top stories from select Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.