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Small man goes where the large fears to tread: Mining in Guyana: 1990-2018

Timothy Laing

Resources Policy, 2019, vol. 63, issue C, -

Abstract: Mining in Guyana has grown exponentially in the last 25 years, becoming the dominant export industry and engine for growth. Guyana's pathway to economic domination by mineral extraction has taken a distinctly different path from other mineral-intensive countries in that the majority of extraction has been from small and medium scale operators. A single Canadian-owned gold mine was the only representation of the large-scale sector for much of the time period. Guyana's unique mining industry has evolved as a result of the increasing international gold price, its political history and crucially government policy that legalised, regulated and encouraged small and medium scale activity much more prominently than large-scale activities. Chief to this policy position was the establishment of a legislative framework that creates a structure for Guyanese small and medium scale miners to obtain property rights and mine legally.

Keywords: Small-scale mining; Mining policy; Guyana; Mining legislation (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:63:y:2019:i:c:28

DOI: 10.1016/j.resourpol.2019.101426

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