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Guyana enforces strict gold regulations, banning raw gold payments and targeting illegal mining to boost transparency and worker protection.
Guyana’s Ministry of Natural Resources and GGDMA announced stricter enforcement to combat illegal gold trade, requiring all gold sales through the Guyana Gold Board or licensed dealers to meet a 500,000-ounce national target.
Paying workers in raw gold is banned, with penalties for non-compliance, including license suspension.
Increased audits, field operations, and multi-agency raids will target unlicensed mining and under-declarations, while equipment used illegally will be seized.
The government aims to improve transparency, protect workers, and strengthen governance in the mining sector.
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Guyana aplica estrictas regulaciones de oro, prohibiendo los pagos de oro en bruto y atacando la minería ilegal para aumentar la transparencia y la protección de los trabajadores.