Industry remains upbeat about gold’s fortunes

Optimism in the mining sector about the immediate-term fortunes of the gold industry persists despite the imponderables associated with fluctuating gold prices, Administrative Coordinator of the Guyana Gold and Diamond Miners Association (GGDMA) Colin Sparman told Stabroek Business earlier this week.

In recent months, speculation has been rife that falling gold prices on the international market might impact negatively on the mining sector in Guyana. But Sparman said that while local miners were not unmindful of the downward trend in gold prices,