Guyana has a long history of gold production. The country currently produces over 600k oz of gold per annum. There is also a history of representation of mining companies in the country, especially Canadian representation, with such notable companies as Guyana Goldfields and Sandspring Resources. All gold production occurs within the Guiana Shield which has geological continuity with West Africa. However, the shield in comparison to West Africa is under-explored and presents strong exploration and development upside. The country is English speaking, with British common law and has an established Mining Act. In terms of exploration, Guyana is a premier world-class district.
With the 2018 announced 3.7 billion barrels of light crude oil offshore discovery announced by an Exxon Mobil Corp.-led consortium, Guyana's economic future looks promising.
Oil reserves now at 3.7b barrels in Guyana basin
China Ready to Aid Guyanas Infrastructural Development
Trade and Economic Agreement Between China and Guyana
Chinese Business Delegation Interested in Guyana Natural Resources Sector