The Guyana Gold and Diamond Miners Association (GGDMA) is lobbying the government to allow miners to retain up to 50% of the value of gold they sell in foreign exchange.
The miners association made the request at a meeting with President Donald Ramotar and two of his ministers on Wednesday.
A statement by the GGDMA following the meeting said that the foreign exchange facility had been in place for over 25 years and that miners were allowed up to a 100% facility on foreign exchange. It added that there was a change in November of 2011, when the Guyana Gold Board (GGB) advised miners that foreign exchange was not available. This had been the