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.
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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.
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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.
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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.
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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.
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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.
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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 .
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Oct 5 (Reuters) - Guyana Goldfields Inc :Guyana goldfields Inc produces 41,000 oz Au in Q3 2017.Gold production was as-expected for quarter according to 2017 mine plan.In Q3 ended September 30, 2017, mill processed an average of 6,170 tonnes per day.Guyana Goldfields Inc - company is on track to meet lower end of its annual production guidance of 160,000 - 180,000 ounces of gold for year.
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