Falling prices have done positive things for Guyana’s gold-mining sector, Persaud says

Falling gold prices on the international market amount to a mixed blessing for the country’s mining sector, according to Natural Resources and Environment Minister Robert Persaud.

While the sustained decline in prices since earlier this year has seen miners resort to engaging government at the level of President Donald Ramotar to seek import duty concessions on fuel and other requisites, Persaud told Stabroek Business there is evidence that the wake-up call resulting from the sudden