Local News

Prelim assessment points to potential GY$300B investment in Guyana’s gold sector, with 2000 jobs expected 

19 August 2026
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Avalon Gold Exploration Inc. (Avalon) today announced its Preliminary Economic Assessment (PEA), outlining potential for a long-life, large scale gold mining operation in Guyana. The PEA represents a significant advancement for the OMAI Gold Project, outlining a development pathway for a long-life, large-scale mining operation and outlining the scale of investment, employment and business opportunities […]