Latest update March 12th, 2026 2:47 PM
Feb 17, 2026 News
(Kaieteur News) – The Ministry of Natural Resources on Sunday announced that 225 small scale miners will receive mining lands as government rollout of a new “Troy-like” land allocation model aimed at expanding access to mining lands, while reinforcing compliance and transparency within the gold mining subsector.
Within the next two to three months, at least 75 parcels will be made available in each region, totaling approximately 225 allocations. The ministry disclosed that the parcel size will increase from 27 acres to 50 acres per miner. Notably, beneficiaries will retain the option to relinquish their allocation once mined out and apply for another 50-acre parcel.
MNR said the initiative follows the successful model implemented in the Issano 14 Mile area, formerly associated with Troy Resources. After the closure of that operation, a portion of the licensed area was subdivided into 27-acre parcels and allocated to small miners under a structured arrangement. Nearly 100 small miners are currently operating in that area.
The ministry, through the Guyana Geology and Mines Commission (GGMC), will open similar areas in Region One (Mabaruma/Matthews Ridge sub-district), Region Seven, and Region Eight.
Moreover, it was disclosed that government has engaged a U.S.-based company, Global Venturing, to conduct a mineral processing and data collection exercise across the mining districts. The aerial surveys, now nearing completion, will provide high-quality geological data to guide more informed land allocations. This will reduce prospecting costs for small miners, minimise environmental impact, and improve overall efficiency in the sector.
Complementing these measures, the Guyana Gold Board will introduce mobile purchasing units to enhance accessibility for miners in remote locations. The ministry reiterated that all gold produced in Guyana must, be sold to the Guyana Gold Board or a licensed buyer.
It was stated too that since the commencement of intensified enforcement operations in recent months, more than 400 pieces of equipment, including engines, pumps, generators, and excavators, have been seized in joint exercises conducted by GGMC and the Guyana Police Force. Nearly 100 individuals have been prosecuted, with additional matters before the courts.
“These enforcement actions are designed to ensure compliance, protect the integrity of the industry, and secure fair returns for Guyana,” MNR said. The ministry stated that it is fully committed to working alongside small and medium-scale miners – the backbone of Guyana’s gold industry – to build a transparent, sustainable, and prosperous mining sector for all Guyanese.
Subscribe to get the latest posts sent to your email.
Your children are starving, and you giving away their food to an already fat pussycat.
Mar 12, 2026
2026 Commissioner of Police T20 Cut Round 1… Kaieteur Sports – Led by a classy fifty from Kevlon Anderson, the Presidential Guards sped to an easy 7-wicket victory over the GPF Academy...Mar 12, 2026
(Kaieteur News) – In the latest twist in the political narrative of the country’s Opposition, there is an unvarnished attempt to suggest that under the leadership of the PNCR during the period 2015 to 2020, the party’s support base was neglected. Nothing could be further from the truth. The...Mar 08, 2026
By Sir Ronald Sanders (Kaieteur News) – It is a mistake to believe that the war in Iran and the retaliatory actions in the Gulf are too far away to matter to the Caribbean. The fallout is already reaching the region, pushing up the costs of fuel, freight, and everyday goods across the region....Mar 12, 2026
(Kaieteur News) – The PPP went from ideology to lust for power then love of money. The connecting thread was abject surrender to slavery. From Marxism to socialism to capitalism. The latter is about free enterprise. Alongside free enterprise, there is an endless list of sacred freedoms. ...Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.
Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: glennlall2000@gmail.com / kaieteurnews@yahoo.com