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With 215,000 square kilometres (83,000 sq mi), Guyana is the fourth-smallest country on mainland South America after Uruguay, Suriname and French Guiana. The main economic activities in Guyana are agriculture (production of rice and Demerara sugar ), bauxite mining, gold mining, timber, shrimp fishing and minerals.
Also known as pork-knockers, these artisanal gold and diamond miners have created or been a part of the folklore in Guyana. [7] In 1904, Peters Mine was the first mine opened in Guyana. From 1904 to 1909, it produced 39,800 ounces of gold (approximately 0.8 oz. per ton of ore), and in 1915 to 1916 produced another 1,103 ounces.
Imbaimadai is a community in the Cuyuni-Mazaruni Region of Guyana. Imbaimadai is a mining community adjoining Amerindian lands. [3] Imbaimadai is known for its gold, diamond and other precious mineral deposits. [4] As of 2016, only 13 mines remained of which seven were operational.
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Mahdia is a town in Guyana, [2] located near the centre of the country at an altitude of 415 m (1,362 ft). Commerce is centred on the area's gold and diamond mining operations. As such it is affected by the economic booms and busts and attracts immigrants, both local and foreign, to obtain wealth through mining.
The economy of Guyana is one of the fastest growing economies in the world, with a gross domestic product (GDP) growth of 19.9% in 2021. [9] In 2024, Guyana had a per capita gross domestic product (purchasing power parity) of Int$80,137 and an average GDP growth of 4.2% over the previous decade. [4]
SIMEC Group Ltd is a British international energy and natural resources business focused on resources, sustainable power, infrastructure, and commodities trading. [2] In 2016 it had an annual turnover of almost USD 2.5 billion and net assets of USD350 million.
Kurupung is a mining community in the Cuyuni-Mazaruni Region of Guyana, near the Pakaraima Mountains. Kurupung has two airstrips (one at the top of the mountain and one at the bottom of the mountain) (Airport code KPG), [2] a police station, a health unit, and a sub-office of the Elections Commission. Children attend school in other villages. [3]