With small- and medium-scale gold miners delivering 67% of the total gold production, Guyana has seen a record declaration of 641, 668 ounces for 2016, which is 16.6% above the target.
Making his contribution to the 2017 budget debate, Minister of Natural Resources Raphael Trotman on Thursday said that while the Ministry had projected a target of 550,000 ounces, which itself was a 21.8% increase from 2015, the declaration for this year has surpassed the target and currently stands at “an unprecedented 641,668 ounces.”