The Guyana Geology and Mines Commission (GGMC) has warned miners, mining shop operators and other industry stakeholders that failure to comply with mining laws and regulatory requirements could result in the immediate suspension of their operations.
In a notice issued to the sector, the Commission stressed that all miners, licence holders, permit holders and shop operators must maintain valid licences, permits, authorisations and other relevant documents at their respective operations and make them available for inspection by authorised officers of the GGMC and the Ministry of Natural Resources.
The Commission said failure to produce the required documentation upon request would result in the suspension of the affected mining or shop operations until the documents are presented and verified.
Stakeholders have therefore been urged to ensure that all relevant documents are current, valid and readily accessible at all times.
The GGMC also reiterated that miners are legally required to sell gold produced from their operations through authorised channels, namely the Guyana Gold Board (GGB), licensed gold traders or licensed gold dealers.
The requirement, it explained, is intended to strengthen transparency and accountability in the sector by ensuring that applicable taxes and statutory deductions are made and that accurate records of gold production and sales are maintained by the relevant authorities.
Miners have also been reminded of the importance of keeping verifiable production records and evidence of gold sales, which are essential for regulatory monitoring and determining whether operators are complying with the conditions attached to their licences and permits.
With the next licence renewal period approaching in January 2027, the Commission is urging miners to review their records and ensure that all production and sales documentation is complete, accurate and up to date.
It warned that failure to satisfy the applicable requirements could affect the processing and renewal of mining licences and other authorisations.
The GGMC further emphasised that all mining activities must be conducted in accordance with the Mining Act, applicable Mining Regulations, relevant legislation, licence conditions, permits and lawful directives.
It said breaches identified during inspections or enforcement exercises would attract appropriate sanctions, which could include the suspension of operations and other penalties provided for under the law.
The Commission has called on miners, shop operators and other stakeholders to review their operations, regularise any outstanding documentation, maintain accurate records and ensure full compliance with the regulatory framework.
Reaffirming its commitment to a transparent, accountable and responsible mining industry, the GGMC said it would continue to exercise its regulatory and enforcement responsibilities in the interest of the sector and the wider population.