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Guyana looks for improvement

Visiting analysts have left Guyana Goldfields’ flagship Aurora gold mine in Guyana satisfied the management team on site “seems to have a good handle on recent grade control and recovery issues” that have contributed to this month’s market disenchantment with the TSX-listed stock.

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“[The issues] should be resolved in the near term while costs should continue to decrease as the mine is optimised,” RBC said in a post-visit note.

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