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Canada’s Gold Rush in Guyana | Guyana News
Description
Canada’s mining giants are swooping in on Guyana’s mineral riches, with thirteen firms now locked in a gold rush — including XAU Resources snapping up the Quartzstone Gold Project. Beyond gold, U92 Energy Corp. controls the nation’s sole known uranium deposit, signaling a broader Canadian push into Guyana’s untapped resources. Together, these companies manage over 15 million ounces of gold, mostly concentrated in gold-rich Region Seven. A $2.2 billion mega-deal between G Mining Ventures and G2 Goldfields just merged adjacent gold properties into a powerhouse operation. This isn’t just mining — it’s a strategic takeover of Guyana’s mineral future, with Canada firmly positioning itself as the dominant foreign investor.
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