INVESTOR CENTRE
MINING IN GUYANA
Gold exploration and mining has been reported in the Guiana Shield since the 16th 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.
CAPITAL STRUCTURE
AS OF MARCH 01, 2023
Common Shares Outstanding
165,040,120
Shares Fully Diluted
184,705,114
Fully Diluted Insider Shareholding
53,816,811
ANALYST COVERAGE
BROCK COLTERJOHN
Cormark Securities
[email protected]
BRANDON GASPAR
Sprott Capital Partners
[email protected]
JOSEPH REAGOR
ROTH Capital Partners
[email protected]
