The government has followed a free-market model for development with a policy for economic liberalization and promotion of direct foreign investment
A long history of bauxite, gold and diamond production Two current operations - major bauxite mines (Rusal and Bosai) Historical Omai Gold Mine produced approx. 3.6 million ounces (closed in 2005)
Stable Mining Act Highly prospective, yet under-explored region. Gold proterozoic belt spanning from Venezuela through the Guyanas to Ivory Coast and Ghana. Relatively low risk on community/environmental issues
Real GDP growth in excess of 3% annually on average in recent years.
A significant part of GDP is based on the extractive industries Mineral exploration: 25+ Canadian, American and Australian companies Current Mines in development: Aurora Gold Mine (Guyana Goldfields) & Karouni Gold Mine (Troy Resources)
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