Link

https://ggb.gov.gy/

Phone

[592] 225 3139

Address

133 Crown Street, Queenstown, Georgetown, Guyana

The Guyana Gold Board (GGB) was established on May 15, 1982, under the Guyana Gold Board Act (Chapter 66:01 of the Laws of Guyana). As a corporate body, GGB’s primary purpose is to facilitate the trading of gold and regulate its purchase and sale within Guyana. According to the Act, all gold produced in the country must be sold to the GGB or its authorised agents, which are licensed gold dealers. The GGB operates offices in Georgetown, Bartica, and Port Kaituma.

The GGB is tasked with several key functions as outlined in section 4 of the Guyana Gold Board Act, including:

Engaging in the business of trading gold.
Ensuring a consistent supply of gold and its equitable distribution at fair prices within Guyana.
Purchasing all gold produced in the country, in accordance with the GGB Act.
Selling gold both domestically and internationally, subject to the provisions of the GGB Act.
Participating in other related commercial or industrial activities.

Through these functions, the GGB plays a crucial role in the gold industry of Guyana, supporting both local and international markets.

Relationship With Guyana Gold Board

The GGMC considers the Guyana Gold Board (GGB) a vital ally in the management of the gold mining sector in Guyana. The GGB is the agent of the GGMC for the receipts from declarations of gold and the withholdings from royalties for the same. In that regard, the GGB is a sister agency within the regime of the Ministry of Natural Resources; it receives technical and operational support; shares and collaborates on intelligence gathered that is intended to maintain a stable environment within the mining sector.