The Ministry of Natural Resources (MNR) yesterday said that gold declarations as at September 29, 2017 stand at 475,202 ounces and small and medium scale miners are responsible for the lion’s share.
The target set for 2017 is 700,000 ounces and the predictions are for higher production and declarations in the last quarter of 2017 as is customary, MNR said. Further, recent declarations of enhanced production by Guyana Goldfields Inc. bolsters the view that economic stability and world market prices are driving higher production.
