Tag Archives: Guyana Gold Board (GGB)

Guyana Gold Board wants to buy “all gold” directly from miners

The state-owned Guyana Gold Board (GGB) is further decentralising its operations by deploying roving representatives in mining communities, General Manager Eondrene Thompson announced Monday.

The GGB’s main office is located in Georgetown and a satellite office in Bartica, in addition to agents who are licensed dealers. But Thompson said her entity wants to buy all of the precious yellow metal being produced here.      Continue reading

Guyana Gold Board records 451,490 ounces -exceed 2015 target

Gold Board records 451,490 ounces -declarations exceed 2015 target

Despite  a significant drop in gold prices on the world market, and challenges in the mining sector over the past year, the Guyana Gold Board (GGB) has recorded 451,490 ounces of declared gold, surpassing this year’s target of 380,000 ounces, government announced Thursday.

With the declarations, the GCB has recorded export earnings of approximately US$500 million, making the mineral, once again, the largest earner of foreign currency for Guyana.   Continue reading