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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Alex who wrote (43874)	10/26/1999 8:51:00 AM
From: Bruce Robbins	Respond to of 116756

A lot of the gold produced in Guyana is done through small scale placer operations that are usually near the borders. The people running the operations are usually drug warlords from Brazil, Colombia, and Jamaica. They don't declare their illegal operations to the government for several reasons (most of the placer mining permits are tied up by a handful of people etc etc). The Brazilian government, at least, could not care less. It has something to do with the long standing border disputes Guyana has with all of its neighbors. Perhaps they see it as settlement by Brazilians. In spite of all of the politics, Guyana IMO has several other Omai's to be discovered. Part of the reason they have not been developed or found is due to red-tape. The other part is access and terrain- very difficult to explore. And, of course, the article does not mention the diamonds recovered by these same illegal operations.