The Guyana Geology and Mines Commission (GGMC) warns mining stakeholders and tenure holders that it is paying close attention to cases where mining lands are sold, or purportedly sold, without authorization. The commission says this practice involves mining lands and related tenures that it grants, and it is urging parties to refrain from resale or transfer arrangements that are not approved.
GGMC also signals that enforcement actions will follow, describing its intention to crack down on unauthorized sale and transfer of mining lands. Some coverage notes the commission is directing its message to ensure legitimate arrangements are made with proper investors, including joint ventures with legitimate partners, rather than through informal or unlawful transfers. The commission’s advisory frames the concern as a compliance issue tied to the legal authority under which mining tenures are held and changed.
Overall, outlets report the same core message: GGMC is issuing a formal notice and warning that it will respond to unauthorized resale or purported transfers of mining lands granted by the Commission.
