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Selling to the Guyana Gold Board and paying of the relevant royalties and taxes ensure that the Government, and more so the Guyana Geology and Mines Commission that is mandated with the role of oversight of the mining sector, have the finances necessary to ensure that roads and other infrastructural works are put in place to foster safe mining and boost the mining sector.
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Guyana has long been known as a producer of both gold and diamonds for centuries. However, it wasn’t until the turn of the 21st century that Guyana started to receive attention from mining companies around the world. For a period of approximately 25 years, the country went into an economic depression under the leadership of “President for
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