Foreign firms gain control of large Guyana gold areas via Alphonso JV deals
The Alphonso family has entered joint ventures that transferred control of more than 600 square kilometers of Guyana gold-bearing land to foreign mining companies.
Topic cluster
resources
1 source grouped by AFBytes in Economy
AFBytes briefing
Large-scale foreign control of Guyanese gold resources can influence global precious-metals supply and indirectly affect investment portfolios held by US retirees.
What to watch next
- Monitor Guyana government announcements on new mining licenses and quarterly gold production reports from the region.