From left to right: Robert Persaud, Minister of Natural Resources and the Environment, Mr. Newell Dennison, Assistant Commissioner, Guyana Geology and Mines Commission, Ms. Violet Smith, Senior VP, Country Management, Guyana Goldfields Inc., Mr. Patrick Sheridan, CEO of Guyana Goldfields Inc. and President Donald Ramotar

Minister of Natural Resources and the Environment, Robert Persaud says he welcomes the announcement by Guyana Goldfields Incorporated on the feasibility of its Aurora gold property to develop a large mine to produce in excess of three million ounces of gold.

He views this recent development as a positive move towards ensuring that Guyana remains a significant gold producer, using the latest, safest and green technology.

Persaud said he regretted that the feasibility study and mining plan saw a shift from the start-up of mining operations from 2014 to the first quarter of 2015.

The environment minister is urging that company to examine ways to commence operation in 2014.