INVESTOR CENTRE

FACT SHEET JANUARY 2023

MINING IN GUYANA

Gold exploration and mining has been reported in the Guiana Shield since the 16^th Century. G2 is proud to operate in this world-class mining region..

Mining Sector Facts

GDP: 16% (mining sector)
Export Earnings: 56.4% (US$1,017.1 million)
Employment: 12-18,000 Guyanese (mining & quarrying)
Output Value: ~ GY$211.1 billion
Total Exports: ~ 52% (extractive industries)
Benefits: +200,000 Guyanese (direct & indirect)

[GOInvest, Mining; Sector Overview]

ECONOMIC GROWTH

Guyana has the fastest growing economy in the world following Exxon Mobil’s discovery of an estimated 10 billion barrels of recoverable oil and gas. The Guyanese government has earmarked key infrastructure projects including road expansions for the interior in which G2 expects to drill in the coming months. Guyana is supportive of foreign direct investment (FDI) and has a favourable operating climate.