Romanex mining licence under review

Following the ongoing investigation of illegal mining in Marudi Mountain, Region 9, the Guyana Geology and Mines Commission (GGMC) has been directed by the Ministry of Natural Resources to review the Mining Licence held by Romanex Guyana Exploration Ltd.

A statement from the GGMC said that the Marudi Mountain Mining Licence was granted to Romanex Guyana Exploration Ltd. on the 17th April, 2009 after being held as a Prospecting Licence (large scale) from 1990 to 2009 by the said company.

“The site visit revealed no mining or exploration on behalf of the company was ongoing, while the Company had earlier committed to carrying out exploration activities within the early part of 2013, however, it is evident that no work is expected to commence on the property in the near future as no mining plan has been submitted.

“The investigation resulted from the recent Operation El Dorado in Marudi Mountain which was conducted to investigate reports of illegal mining”, the statement added.