Miners want foreign exchange for sales to gold board

The miners association is pressing the government to allow miners to retain up to 50% of the value of gold they sell in foreign exchange.

At a meeting with President Donald Ramotar and two of his ministers on Wednesday, the Guyana Gold and Diamond Miners Association (GGDMA) made the request. A statement by the GGDMA following the meeting said that the foreign exchange facility had been in place for over 25 years and that miners were allowed up to a 100% facility on foreign exchange.

According