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Guyana Goldfields Inc (GUY.TO)

GUY.TO on Toronto Stock Exchange

4.96CAD
18 May 2018
Change (% chg)

$-0.01 (-0.20%)
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Volume
747,174
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Latest Key Developments (Source: Significant Developments)

Guyana Goldfields Reports Q1 2018 Results
Tuesday, 1 May 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

Guyana Goldfields produces 41,000 oz Au in Q3 2017
Friday, 6 Oct 2017 

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.  Full Article

Guyana goldfields reports Q2 EPS of $0.05
Friday, 12 Aug 2016 

Guyana Goldfields Inc : Guyana Goldfields inc. Reports second quarter 2016 results; sold 36,585 ounces of gold generating $11.6m in free cash flow and net earnings of $0.05 per share . Q2 earnings per share $0.05 . 2016 production guidance increased to 140,000 to 160,000 ounces of gold . For quarter sold 36,585 ounces of gold at average realized gold price of $1,269/ounce, generating gross Q2 revenues of $46.4 million . Q2 earnings per share view C$0.08, revenue view c$51.6 million -- Thomson Reuters I/B/E/S .Says all-in sustaining cost guidance for 2016 was increased from $637 to $687 per ounce to $670 to $720 per ounce.  Full Article

Guyana Goldfields announces C$110 million bought deal financing
Monday, 27 Jun 2016 

Guyana Goldfields Inc : Guyana Goldfields Inc announces C$110 million bought deal financing . Guyana Goldfields Inc says company estimates that gold production through June 30, 2016 will total approximately 75,000 ounces at its Aurora Mine . Net proceeds of offering to be used to fund expansion of Aurora gold mine to increase capacity to 8,000 tonnes per day . Guyana Goldfields Inc says company is increasing its 2016 production guidance to 140,000 to 160,000 ounces . Says underwriters to buy on a bought deal basis by way of a short form prospectus, 10.7 million common shares from co . Guyana Goldfields says underwriters to buy on bought deal basis by way of a short form prospectus, 1 million common shares from Patrick Sheridan, founder . Guyana Goldfields Inc says entered into agreement with syndicate of underwriters led by BMO Capital Markets, Scotiabank and RBC Capital Markets .All-In sustaining cost (AISC) guidance for 2016 has been increased from US$637 to US$687 per ounce to US$670 to US$720 per ounce.  Full Article

BRIEF-Guyana Goldfields Reports Q1 2018 Results

* 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