Guyana receives US$26M in royalty as AGM rakes in US$334M from gold in first half of 2026

(Kaieteur News) – Guyana’s lone large-scale gold producer reported US$334 million in revenue from the Aurora Gold Mine during the first half of 2026, meaning that the Government of Guyana received US$26 million in royalties, based on the applicable eight per cent royalty rate.

Guyana’s Mining Act stipulates that the royalty rate is five per cent for standard production when the price of gold is below US$1,000 per ounce. However, the rate increases to eight per cent when the market price of gold exceeds US$1,000 per ounce.

The average market price for gold in 2026 is US$4,000 per ounce. Based on the reported revenue, an eight per cent royalty would amount to approximately US$26 million, representing the estimated amount Guyana may have received for the six-month period. The figure, however, is a calculation based on the company’s reported revenue and does not confirm the actual royalty paid or received by the Government.