Announcing the launch of an investigation, the government yesterday in a press statement warned that miners culpable of illegally purchasing and selling gold to unlicensed dealers/ traders are liable to prosecution and shall be restricted from the mining industry.
The statement made it pellucid that miners are required to sell all gold to licensed gold dealers/ traders or the Guyana Gold Board and that it is illegal to purchase gold without the requisite licence to undertake such activities.
The statement said that “Emanating from a recent analysis and assessment, the Government of Guyana has noted the significant difference between the production of gold and the declaration/ sale of gold to licensed gold dealers, traders, and/ or the Guyana Gold Board”.
