Highest gold declaration

Guyana has recorded the highest ever gold declaration of 458,105 ounces as at December 16, 2013, a release from the Ministry of Natural Resources said yesterday.

The figure surpassed the previous highest level of 455, 918 ounces in 2001 which included declarations of both Omai Gold Mines Limited and small scale operators.

The announcement was made by the Minister of Natural Resources and the Environment,  Robert Persaud. He said “this is a proud moment for all those who work in the sector”.

Source: Guyana Gold Board
Source: Guyana Gold Board

It shows dedication and commitment of the miners and also addresses the concerns about under declaration of gold or the claims of gold smuggling”.

Persaud said in the release that he was advised by the Guyana Gold Board that in 2011, gold declaration was just about 363,083 ounces, while in 2012, it increased to 438,645 ounces and as at December 16, 2013 declaration is at 458, 105 ounces.

This, Minister Persaud said, is expected to further increase within the new two weeks.

Persaud added that “the continuous increase speaks of the commitment and conformity of the sector to the laws and regulations. As such, all Guyanese must celebrate this achievement of small and medium scale miners”.