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 MAY 01, 2022
Common Shares Outstanding
141,601,754
Shares Fully Diluted
155,791,754
Fully Diluted Insider Shareholding
55,534,311
