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Friday, January 16, 2015

Surinam: Gold in 2015

The problem with higher environmental standards (mercury-free mining) is that the requisite equipment comes at a high price and there is little doubt that the strictest enforcement could force medium and small-scale mining operations out of business. Just last week, when asked about the sloth of the mining sector in accessing the billion dollar revolving fund set to the allow for the testing of mercury-free mining equipment, President of the Guyana Gold and Diamond Miners Association Patrick Harding alluded to equipment costs that are beyond the reach of small miners.
http://www.stabroeknews.com/2015/business/business-editorials/01/16/gold-2015/

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