Guyana records highest ever gold declaration

GUYANA has recorded the highest ever gold declaration of 458,105 ounces as at December 16, 2013 surpassing the previous highest level of 455, 918 ounces in 2001; which included the declarations of both Omai and small scale operators.This announcement was made yesterday by Minister of Natural Resources and the Environment, Hon. Robert Persaud.
He pointed out that “this is a proud moment for all those who work in the sector”.
According to the minister, this achievement is indicative of the high level of dedication and commitment exhibited by the miners. It also addresses the concerns about under-declaration of gold or the claims of gold smuggling.

Source: Guyana Gold Board
Source: Guyana Gold Board

Minister Persaud was advised by the Guyana Gold Board that in 2011, gold declaration was just about 363,083 ounces, while in 2012, it increased to 438,645 ounces and as at December 16, 2013 declaration is at 458,105 ounces. This, Minister Persaud said, is expected to further increase within the next two weeks.
The Natural Resources and Environment Minister also added that “the continuous increase speaks of the commitment and conformity of the sector to the laws and regulations. As such, all Guyanese must celebrate this achievement of small and medium scale miners”.
Further, Minister Persaud stated that his ministry has been focusing on green development within the extractive sectors which is within the framework for a low carbon economy. This, he said, will be intensified in 2014.

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