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Gold declaration stands at 438,000 ounces
Guyana’s mining industry has recorded a declaration of 438,000 ounces of gold, representing a 20 percent increase over the same period last year. The increase in activities has led to greater job opportunities and other positive spinoff effects to the economy, said Robert Persaud, Minister of Natural Resources and the Environment.
During a press briefing yesterday, Minister Persaud said that mining contributes to the country’s foreign exchange, its Gross Domestic Product, and is a significant export. 
Because of the environmental impact of mining, Government has been working with miners and other stakeholders to see greater compliance. Persaud said mining is the key factor for the forest change seen.
He reiterated Government’s commitment to have miners practise sustainable mining. In fact, Government and the Guyana Geology and Mines Commission (GGMC) have been working to constantly improve sustainable mining across Guyana.
Persaud is conscious that this would require tougher monitoring and enforcement as GGMC has been doing in a number of areas. But, for a wider reach greater collaboration is needed between key stakeholders such as miners’ association and conservation groups.
He noted that reviews are being done to the code of practice in terms of waste water management and mercury usage. The issue of land reclamation is also being looked at with urgency. Various options such as engaging large companies to utilize their resources either through contractor or collaboration are being explored.
Besides employing new technologies in the mining sector, the mining school is created to enhance the capacities of miners.
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