Toroparu Mine
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Toroparu Mine
The Toroparu mine is estimated to be one of the largest gold mining projects in Guyana. The mine is located in the north-west of the country in Cuyuni-Mazaruni. The mine has estimated reserves of 6 million oz of gold. Gold X Mining, (formerly Sandspring Resources) has plans develop three open-pit mines with a mine life of 22 years (per 2019 estimate) with possible mining of copper and silver. The company has invested more than US$150 million to discover and delineate its gold mineral resources, as well as to complete engineering and environmental studies, including a 225 km road from Georgetown to make the mine accessible completed in 2003. The company has a Memorandum of Understanding with the government of Guyana for plans to develop a hydropower plant at the Kumarau Falls on the Kurupung River. The company anticipates the government of Guyana will issue their mining license in 2021 after a final feasibility study. See also * Mining in Guyana Mining in Guyana is a signific ...
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Cuyuni-Mazaruni
Cuyuni-Mazaruni (Region 7) is a region of Guyana. Venezuela claims the territory as part of Guayana Esequiba. It borders the regions of Barima-Waini, Essequibo Islands-West Demerara and Pomeroon-Supenaam to the north, the region of Upper Demerara-Berbice to the east, the region of Potaro-Siparuni and Brazil to the south. Its capital is Bartica, with villages including Issano, Kartabo, Kamarang, and Imbaimadai. It covers an area of 47,213 kmĀ². Before the 1980 administrative reform most of the area belonged to the Mazaruni-Potaro district. Population The Government of Guyana has administered three official censuses since the 1980 administrative reforms, in 1980, 1991 and 2002. In 2012, the population of Cuyuni-Mazaruni was recorded at 20,280 people. Official census records for the population of the Cuyuni-Mazaruni Region are as follows: *2012 : 20,280 *2002 : 17,597 *1991 : 14,794 *1980 : 14,390 Communities (including name variants): * Agatash *Arau (Arau Village) ...
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Guyana
Guyana ( or ), officially the Cooperative Republic of Guyana, is a country on the northern mainland of South America. Guyana is an indigenous word which means "Land of Many Waters". The capital city is Georgetown. Guyana is bordered by the Atlantic Ocean to the north, Brazil to the south and southwest, Venezuela to the west, and Suriname to the east. With , Guyana is the third-smallest sovereign state by area in mainland South America after Uruguay and Suriname, and is the second-least populous sovereign state in South America after Suriname; it is also one of the least densely populated countries on Earth. It has a wide variety of natural habitats and very high biodiversity. The region known as "the Guianas" consists of the large shield landmass north of the Amazon River and east of the Orinoco River known as the "land of many waters". Nine indigenous tribes reside in Guyana: the Wai Wai, Macushi, Patamona, Lokono, Kalina, Wapishana, Pemon, Akawaio and Warao. Histo ...
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Gold
Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile metal in a pure form. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions. Gold often occurs in free elemental ( native state), as nuggets or grains, in rocks, veins, and alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum), naturally alloyed with other metals like copper and palladium, and mineral inclusions such as within pyrite. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides). Gold is resistant to most acids, though it does dissolve in aqua regia (a mixture of nitric acid and hydrochloric acid), forming a soluble tetrachloroaurate anion. Gold is ...
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Gold
Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile metal in a pure form. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions. Gold often occurs in free elemental ( native state), as nuggets or grains, in rocks, veins, and alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum), naturally alloyed with other metals like copper and palladium, and mineral inclusions such as within pyrite. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides). Gold is resistant to most acids, though it does dissolve in aqua regia (a mixture of nitric acid and hydrochloric acid), forming a soluble tetrachloroaurate anion. Gold is ...
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Kurupung River
The Kurupung River is a tributary of the middle Mazaruni River in Guyana. Kumerau Falls is a feature of the river. Mineral resources The area around the river has been used for diamond mining. It was the location for Guyana's first diamond rush of the 1920s. The largest stone recorded as found weighed 29 and five-sixteenth carats and was brought to the commissioner of lands and mines in 1921. It was called 'Kurupung' and bought for USD $4000. U3O8 Corp of Canada prospected for uranium in the Kurupung batholith around 2010. Settlement Kurupung is a mining village along the river. Since the 1970s, the Kurupung River has been of interest for a possible hydroelectric dam. The project was criticized by the Akawaio, because it would flood out their communities. In 2013, Sandspring Resources signed a Memorandum of Understanding with the government of Guyana giving the company the exclusive right to develop the Kurupung River Hydroelectric Project, estimated to produce 100 megawat ...
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Mining In Guyana
Mining in Guyana is a significant contributor to the economy owing to sizable reserves of bauxite, gold, and diamonds. Much of these resources are found in Guyana's Hilly Sand and Clay belt, a region that makes up 20% of the country. Gold In 2012, export receipts for gold amounted to US$1.5 billion, nearly half of the country's total export receipt value. All gold mined in the country must be sold to the Guyana Gold Board, and sent abroad for refining at the Royal Canadian Mint. The gold mining industry is made up of small and medium-scale operations that support as many as 12% of the population. In the 16th century, European explorers were drawn to the Guianas due to rumors of a golden city called Manoa, ruled by the golden king El Dorado. This legend instigated settling of the region, but it wasn't until the 1840s when gold was found in significant quantities. After emancipation, small-scale gold mining was undertaken by many newly-freed Afro-Guyanese, who still make up a signi ...
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Aurora Gold Mine
Guyana Goldfields was a Canadian company that owned and operated the Aurora gold mine in Guyana. Before being acquired by Zijin Mining in 2020, Guyana Goldfields was a publicly traded company with shares listed on the Toronto Stock Exchange and previously TSX Venture Exchange. Beginning in 1996 the company acquired exploration rights to the former Peters and Aurora mines with the objective of utilizing modern exploration technology to re-evaluate the potential gold reserves. Following positive exploratory results, the company received financing from the International Finance Corporation and other investors and conducted economic and technical feasibility studies. The Aurora gold mine began commercial production in 2015 and has produced approximately 125,000 to 160,000 ounces of gold per year from the mine since then. These lower than expected results and a revised technical study that significantly lowered the recoverable reserves estimates, led to the removal of the CEO and direc ...
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