The Chinese translation is being made; the original is shown for now.
Oct 23, 2026 News
(Kaieteur News) – The Guyana Geology and Mines Commission (GGMC) has issued a warning to all stakeholders, advising them against the selling or purporting to sell mining lands.
The commission reminded that such actions may contravene the legal and regulatory framework governing the mining sector. Similar to a notice issued back in September, GGMC in a notice this week, reminded that mining lands are granted to individuals and entities for the purpose of undertaking mining activities, subject to the applicable laws, regulations, and conditions governing the relevant mining tenure.
The Commission had stated that it will be cracking down on the practice of selling, or purporting to sell, mining lands granted by the Commission.
In the new notice, the Commission discourages the use of Irrevocable Powers of Attorney in transactions involving mining lands. “An Irrevocable Power of Attorney is not, in itself, acceptable proof of ownership or lawful tenure. Persons are urged to exercise caution and to verify the legal status of any mining property directly with the GGMC before entering into agreements or making any financial commitments,” the Commission said.查看配图：GGMC again warn against unauthorised sale of mining lands
GGMC said it remains cognizant that some mining properties may require additional investment, technical expertise, or financial resources for development, and as such, encouraged miners and tenure holders to explore lawful Joint Venture (JV) arrangements with suitable partners. It explained that such arrangements can facilitate the productive development and beneficial occupation of mining properties while remaining compliant with applicable legal requirements.
In addition, GGMC also remind all operators and stakeholders that strict adherence to mining laws and regulations remain a priority. It said, “Compliance and enforcement exercises will continue across all Mining Districts as part of the Commission’s mandate to ensure orderly and lawful mining activities throughout Guyana.”
GGMC further noted that persons found to be in breach of the mining legislation will be subject to enforcement action, including prosecution where warranted. Meanwhile, it stated that in cases involving non-nationals, deportation proceedings will be pursued where applicable under the laws of Guyana.
Moreover, GGMC also remind miners of their legal obligation to sell all gold produced to the Guyana Gold Board (GGB), licensed Gold Traders or dealers. It explained that compliance with this requirement is compulsory and essential to maintaining transparency, accountability, and integrity within the mining industry.
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