Even as investor interest in Guyana’s gold mining industry seems set to grow further following last week’s gold price hike that took the precious metal through the US$1,500 an ounce barrier, the Guyana Gold and Diamond Miners Association (GGDMA) is expressing concern that “some difficult issues” could impact negatively on the industry’s ability to take advantage of the new record prices.
GGDMA Executive Director Edward Shields, during a telephone conversation earlier this week, said that the landmark gold price rise, resulting chiefly from investor fears over the resilience of the US economy, is likely to witness “an even greater interest in the gold industry” here in Guyana. But, according to Shields, “issues,