Are there any GGMC officers stationed at Guyana Goldfields and Troy?

Feb 26, 2016 Letters

Dear Editor,
It appears that following a heartening declaration last year of 451,000 ounces, this year again seems to be looking good for the gold sector.
Yesterday, in your edition, it was reported that Aussie-owned Troy Resources has so far reached 11,000 ounces for 2016.
Another online report yesterday concerning Guyana Goldfields said that that Canadian company has produced over 21,000 ounces for the year. This is on top of the 30,000-plus ounces it produced for the last quarter when it started operations in 2015.
Mr. Editor, this is all well and good for Guyana. These companies have come here promising to create employment and other benefits like contracts with suppliers.
But there should be worry. What kind of systems does the Guyana Geology and Mines Commission (GGMC) have in place to monitor and check what exactly is being produced?
I am asking because in the past, there were questions about the truth of the declarations made by another major gold company at Omai which has packed up and left. We hear that significant production was not being declared. Was there a GGMC officer stationed at Omai?
Are there any now at the Guyana Goldfield and Troy?
How do we know what is being produced?
These questions are pertinent to Guyana as we do want value for our money.
I would love to hear from GGMC or these companies.
I am more than aware of the critical importance of foreign investors. But our agreements with them and monitoring to ensure they hold up their end of the bargain must in place.
Gert Waaldyk

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