Guyana Goldfields Inc. Announces End of Work Stoppage at Aurora Mine; Production Resumes
TORONTO, July 5, 2019 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("the Company") announced today that the work stoppage at its Aurora mine that began on July 2 has ended. Employees are starting to return to work in a phased approach to ensure orderliness and full production is anticipated to resume shortly. As a result of the 3 operational days lost, the Company estimates that approximately 22,500 tonnes were not processed, however, full year production guidance remains unaffected at 145,000-160,000 ounces of gold.
Suresh Kalathil, SVP & COO, states, "Personnel are being re-mobilized and the site is ramping back up to normal operations in a phased and safe manner. The Company has agreed to a dialogue with employee representatives and Government authorities to resolve any outstanding issues in full compliance with Guyanese labour law."
About Guyana Goldfields Inc.:
Guyana Goldfields Inc. is a Canadian based mid-tier gold producer primarily focused on the exploration, development and operation of gold deposits in Guyana, South America.
SOURCE Guyana Goldfields Inc.
Guyana Goldfields Inc., Scott A. Caldwell, President and Chief Executive Officer; Jacqueline Wagenaar, Vice President, Investor Relations & Corporate Communications, D: 416-933-5485, E-mail: [email protected], Website: www.guygold.com
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