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Guyana's Gold Production Surges Despite Mining Shift

1/15/2025

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Summary

Story summary

In 2024, Guyana's gold production rose to 434,067 ounces, even as some miners shifted focus to other sectors, reducing output by 40%. Minister Vickram Bharrat highlighted the mining sector's robust growth, fueled by investments in stone aggregates and sand. Efforts are underway to enhance gold recovery rates for local miners, promising a brighter future.

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Story summary

In 2024, Guyana's gold production rose to 434,067 ounces, even as some miners shifted focus to other sectors, reducing output by 40%. Minister Vickram Bharrat highlighted the mining sector's robust growth, fueled by investments in stone aggregates and sand. Efforts are underway to enhance gold recovery rates for local miners, promising a brighter future.