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WiredJa Online News

Guyana likely to surpass its Gold production target

Georgetown, Guyana, Thursday, September 29, 2016 - Gold declaration is 94 percent more than it was at this time last year and remains on track to surpass the 555,000 ounces projection set at the start of  2016.

Minister of Natural Resources, Raphael Trotman said, in an interview with the government news agency, “In mining we are doing relatively well.

Trotman disclosed that the sector has been making positive developments in reducing instances of gold smuggling.  However, he said those developments would be made public later this year.

In addition, the sector has been making strides in eliminating the use of Mercury in gold mining. “There is some resistance but, at the same time I would say that a majority of miners are willing to comply,” Trotman said.

The elimination of Mercury from mining is part of modernising the technologies used in the extractive sector. The Government has been working on an action plan aimed at minimising and eventually eliminating the use of Mercury in mining.

Meanwhile, for other minerals, the minister said bauxite continues to improve in production when compared to last year. However, the mining of stones has been problematic. Trotman said he will be making a statement on this next week.

  • Countries: Guyana

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