Research and Markets: Guyana's Mining Fiscal Regime: H1 2014 - Bauxite and Gold

Research and Markets (http://www.researchandmarkets.com/research/r8c9rm/guyanas_mining) has announced the addition of the "Guyana's Mining Fiscal Regime: H1 2014" report to their offering.

Timetric's Guyanese fiscal regime report covers the governing bodies, law, licenses, rights and obligations and tax-related information on two commodities: bauxite and gold.

The country's mining industry is governed by the Ministry of Natural Resources and Environment, and the agencies working under it. The Guyana Geology and Mines Commission (GGMC) oversee the mining industry and has implemented modern mining practices and codes of operation. The Mining Act No.20 of 1989 is the main regulating law for mining in the country.

Key Highlights

  • The Ministry of Natural Resources and Environment is the main body responsible for forestry, mining, environmental management, wildlife, protected areas, land use planning and coordination, and climate change.
  • The Guyana Geology and Mines Commission (GGMC) came into force in 1979 support sustainable development through its activities in the mineral sector.
  • The Environmental Protection Agency aims to take all necessary measures to ensure the prevention and control of pollution, to assess the impact of economic development on the environment, and monitor the sustainable use of natural resources.
  • The Mining Act No. 20 of 1989 is the main law for mining in Guyana. It makes provisions with respect to the prospecting and mining of metals, minerals and precious stones, for regulating their conveyance and other matters relating to the laws.

Key Topics Covered:

1 Executive Summary

2 The Guyanese Mining Industry - Governing Bodies

3 The Guyanese Mining Industry - Governing Law

4 The Guyanese Mining Industry - Mining Licenses

5 The Guyanese Mining Industry - Key Fiscal Terms

6 Appendix

For more information visit http://www.researchandmarkets.com/research/r8c9rm/guyanas_mining

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Sector: Mining

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