Following negotiations with the miners association, the Guyana Gold Board (GGB) will be charging a processing fee of $2,500 per ounce for gold sold to it by miners effective September 1, 2017.
The negotiations with the Guyana Gold and Diamond Miners Association (GGDMA) followed a notice from the GGB which had fixed the fee at $4,000 per ounce.
This had elicited dissent from the miners.