GGMC finds no major breaches in mining, petroleum licence reviews

(Kaieteur News) – The Guyana Geology and Mines Commission (GGMC) says it found no material deviations from the legal and regulatory framework governing the award and transfer of mineral and petroleum licences during 2023 and 2024.

In a recent statement, the Commission said it reviewed the processes applied during the two reporting periods against the applicable legislation, regulations, documented procedures and supporting records. For mineral licences, GGMC’s review covered six documented application and transfer processes involving medium- and large-scale mineral properties within the Commission’s ISO 9001-certified quality management system. It was explained that the system was audited and recertified to ISO 9001 in 2023 and provides for documented procedures, process controls, record keeping, monitoring and continual improvement.

Based on its review, GGMC said it identified no material deviations from the legal and regulatory framework governing the award and transfer of mineral licences at the small, medium and large scales during 2023 and 2024.