Gold boom, rising power demand renew focus on Amaila Falls hydro
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Finance
Politics
September 27, 2026
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…proposals from 5 foreign companies being evaluated – Pres Ali
As part of Guyana’s energy transition and sustainable development plans, the Government is looking to reduce the carbon footprint of the local mining industry and is hoping to use the Amaila Falls Hydropower Project (AFHP) to do this.
During a press conference earlier this month, President Dr Irfaan Ali disclosed that two large-scale gold mining projects are scheduled to come into full operation as early as next year, taking the country’s annual gold production above one million ounces.
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