Guyana Goldfields New Com (GYGC)

[Tommy]

$GUYFF - Guyana Goldfields approves $238M capex for Aurora Gold project

Guyana Goldfields (GUYFF) says its board has approved $238M of spending for the Aurora Gold project to reach commercial production, subject to successful completion of project financing and other approvals expected to be finalized by Q2 2014.
Construction is expected to last 18 months, with commissioning of the mill beginning in Q1 2015 and commercial gold production achieved by mid-2015.

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