Gold declarations continue to lag behind last year’s figures and the industry needs to produce just under 200,000 ounces more to meet the revised target.
Gold declarations for this year up to the end of August amounted to 262,649 ounces, President of the Guyana Gold and Diamond Miners Association (GGDMA) Patrick Harding told the organisation’s Annual General Meeting on Thursday. He said that while the figures so far may not look too bright, the GGDMA is hoping that miners during the last quarter of this year, which is always the best quarter, would surmount challenges and strive for the target of 450,000 ounces.
The sector needs to see declarations amounting to 187,351 ounces for the remaining four months of the year to meet the
