Canadian firm operating in Guyana says other mining countries weighing higher take as gold prices rise

(Kaieteur News) – Jorge Ganoza, president and chief executive officer (CEO) of Canadian-based mining company Fortuna Mining Corp., which is operating in Guyana, recently stated that with gold prices rising, West African mining countries are increasingly considering ways to secure a greater share of revenues from the sector.

Ganoza made the comments during a recent discussion on the company’s operations when he participated in Mining Forum Americas 2026. He was asked about possible changes to tax regimes in the countries in which Fortuna operates.

While Ganoza did not specifically identify Guyana when discussing potential changes to mining tax regimes, he outlined the company’s projects in West Africa. He added that Côte d’Ivoire is discussing an increase in its royalty regime, including the removal of an eight per cent cap, while similar discussions are taking place in Senegal.