The Guyana Gold Board is to open two other locations and later a refinery to meet not only the high demands of the agency but particularly to curb smuggling of the precious metal which accounts for millions in revenue losses.
Minister of Natural Resources Robert Persaud made these disclosures at a press conference at the Sleep Inn Hotel, Georgetown, to mark the 30th Anniversary of the Guyana Gold Board.
“Because of the growth and the anticipated growth we are currently looking at two locations in Port Kaituma and Charity and possibly later Lethem … these measures are also to tackle a larger problem of gold being smuggled. We don’t want there to be an excuse that due to