Guyana’s Gold Board (GGB) increases the maximum cash it pays gold sellers each day to G$6 million (about US$29,000). The move replaces an earlier daily cap of G$2 million and is implemented through an announcement from the Ministry of Natural Resources, according to multiple outlets.
Outlets describe the change as a way to give gold sellers more flexibility in receiving payment for their gold. INews Guyana and the Guyana Chronicle both frame it as an implementation following a budget measure announced months earlier, with the Ministry now putting the higher limit into effect. The Rio Times reports the raised cash cap but adds that a referenced November announcement is unconfirmed and notes issues with the Gold Board’s website.
Across coverage, the central point is consistent: the daily cash payment limit rises from G$2 million to G$6 million. Differences are mainly around timing certainty and how much additional detail each outlet provides about the announcement process.
