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Guyana Country Facts
Guyana is an English-speaking country in South America and a member of the
British Commonwealth
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Democratically elected government is pro-mining and encourages foreign
investment
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Prime Minister Sam Hinds and other leaders in Guyana have declared Guyana “open
for business”
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Investment incentives such as tax holidays and export tax allowances in place
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Guyana’s investment promotion agency GO-Invest has stated “The Government is
interested in securing large-scale investors for the mining industry, especially
in the areas of gold and bauxite, for exploration purposes and to improve the
efficiency and productivity of operations.”(1)
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Long history of gold mining, but mostly unexplored by modern methods
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Gold is Guyana’s largest export, expected to contribute 22% of total exports
(US$764 million) in 2009 according to government estimates
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Population of approximately 700,000 and GDP per capital of US$3,800 (2008 est.)
(1) See:
http://www.goinvest.gov.gy/mining.html
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