Government yesterday announced plans to set aside significant tracts of land for small gold-miners, assuring that the industry remains a top priority for the administration, allaying fears of widespread changes. Speaking to members of the Guyana Gold and Diamond Miners Association (GGDMA) yesterday, President Bharrat Jagdeo made it clear that while not much change will be coming to the industry, there will be no tolerance for any “wild west” situations. As a matter of fact, the Head of State was not against the possibility of opening the entire country to mining, once it is done in a controlled and sustainable manner. Read more
Major revamp for GGMC
/42 Comments/in Press&News /by Yatesh ChowbayThe Guyana Geology and Mines Commission (GGMC) will soon see a change in its organisational pattern as a new commissioner will be appointed within a few weeks. Minister of the newly established Natural Resources and the Environment Ministry Robert Persaud on Thursday met with the members of the Guyana Gold and Diamond Miners Association (GGDMA) at the association’s final meeting of the year and made this announcement. Read more
GGDMA and GGMC to promote environmentally friendly practices
/42 Comments/in Press&News /by Yatesh ChowbayGuyana Gold and Diamond Miners Association (GGDMA) would be collaborating with the Guyana Geology and Mines Commission (GGMC) in establishing a formal training programme focusing on environmentally friendly mining practices and appropriate technology to explore mines and recover gold and other precious minerals. This disclosure was made by the President of GGDMA, Patrick Harding, while delivering remarks at the recent launching of the Guyana Women Miners Association. The function was held at the Sea Breeze Hotel, Kitty. Read more
Miners look to expand operations with high gold prices
/43 Comments/in Press&News /by Yatesh ChowbaySmall and medium-scale gold miners will meet in the coming week to discuss ways of expanding their operations as the price for gold continues to climb. This and other issues are on the agenda for Monday’s Annual General Meeting of the Guyana Gold and Diamond Miners Association (GGDMA). The association’s President, Patrick Harding, said that the meeting would be attended by the Minister of Natural Resources and Environment, Robert Persaud. Read more
Govt. announces land, special incentives for small miners
/45 Comments/in Press&News /by Yatesh ChowbayGovernment yesterday announced plans to set aside significant tracts of land for small gold-miners, assuring that the industry remains a top priority for the administration, allaying fears of widespread changes. Speaking to members of the Guyana Gold and Diamond Miners Association (GGDMA) yesterday, President Bharrat Jagdeo made it clear that while not much change will be coming to the industry, there will be no tolerance for any “wild west” situations. As a matter of fact, the Head of State was not against the possibility of opening the entire country to mining, once it is done in a controlled and sustainable manner. Read more
Guyana gold miners association welcomes surge in price amid US downgrade
/42 Comments/in Press&News /by Yatesh ChowbayPresident of the Guyana Gold and Diamond Miners Association (GGDMA) Patrick Harding welcomed today’s announcement of an unprecedented hike in gold prices, saying that this bodes well for large and small gold miners alike. Analysts are reporting that with the markets in turmoil over the downgrading of the US debt rating and protracted problems in Europe, the price of gold soared above the US$1,700 mark on Today, hitting parity with platinum for the first time since 2008. Read more
GGDMA elects Executive Committee
/42 Comments/in Press&News /by Yatesh ChowbayThe Guyana Gold and Diamond Miners Association (GGDMA), the local body representing small, medium and large scale miners, on Thursday, last, elected members to its Executive Committee of management who will lead the Association over the next two years. Read more
Miners fight the proposed imposition of a six month moratorium on mining
/43 Comments/in Press&News /by Yatesh ChowbayIn January 2010 the Guyana Gold and Diamond Miners Association (GGDMA), Guyana’s largest foreign exchange earner, faced one of the largest challenges since the establishment of the GGDMA. The proposed imposition of a six month moratorium on mining. The lack of public support almost meant the passing of this proposed regulation. The industry needed to galvanise public support and demonstrate that it was not prepared to accept the new regulations as proposed. Read more