Guyana’s Ministry of Natural Resources signs a Mineral Agreement with Mako Mining Corp. and its wholly owned subsidiary, Stronghold Guyana Inc., through the Guyana Geology and Mines Commission (GGMC), covering the Eagle Mountain gold project. The announcement is made jointly by the government and the named project company parties.
The outlets agree the agreement concerns development of Eagle Mountain, located near Mahdia. Rio Times adds additional timeline details, stating the agreement runs for 10 years and that construction is expected to start in the third quarter of 2027, with first gold targeted for the end of 2028. Guyana Chronicle and INews Guyana present the signing announcement and parties involved but do not include the same specific schedule details in the excerpts provided.
Overall, the reporting is consistent that the government enters into a mineral agreement under GGMC oversight for the Eagle Mountain project, with differing levels of emphasis on projected construction and production timing.
