Failure to implement promised sector concessions may have helped trigger the current dramatic fall in gold production, Stabroek Business has been reliably informed.
Amidst sharp differences between operators in the mining sector and government over the likely reasons for reduced gold declarations to the Guyana Gold Board, the Guyana Gold and Diamond Miners Association (GGDMA) has told Stabroek Business that it expects an ongoing survey to provide some definitive indications as to “the real reasons” for the drop in gold production. The official disclosure that gold production could have fallen by as much as twenty per cent over the same period last year has triggered a considerable measure of official brooding and reportedly deepened an already existing rift between government and the mining sector.
Last week, GGDMA Administrative Coordinator Colin Sparman confirmed that the industry and government
