Small mining syndicates will finally be able to benefit from several concessions via a new agreement signed with the Ministry of Finance today.
Minister of Finance, Winston Jordan formalized the agreement with other senior officials including the Guyana Revenue Authority’s (GRA) Commissioner, Godfrey Statia; Guyana Geology Mines and Commission’s (GGMC) Commissioner, Newel Dennison; and Guyana Energy Authority head, Dr. Mahender Sharma. He also described the signing as historic.
The economist noted the signing will result in a “big difference in peoples’ lives. ”He recalled that the signing was the fulfillment of a promise made by the government which vowed to support small and medium scale miners with concessions. The Finance Minister also lauded the efforts of Minister within the Ministry of Natural Resources, Simona Broomes, who lobbied for the mining syndicates.
President of the National Mining Syndicate Incorporated, Cherryl Williams, welcomed the move on behalf of the 14 mining syndicates she represented.
These included; Jaguar of Berbice, Mineral Blast of Puruni, Karau Syndicate of Bartica, Gold Search of Issano, Greater Silver Creek of Rupununi, Central Mahdia and Fork K of Konaruk.
The veteran miner said the agreement covered concessions on imported single and double door cab pickups, all-terrain vehicles, washing plants, drilling equipment, and spare parts.
