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Gold dealers are gearing for a huge rush today as miners move to sell the shiny metal.But it is unlikely that a 500,000 ounces target set by the miners themselves will be met.According to the Minister of Natural Resources, Robert Persaud, yesterday’s declarations stood at an imposing 467,Cheap NFL Jerseys China,894 ounces, the highest ever on records.The rush will be on today to meet a highly unlikely 500,000 ounces of gold target set by miners.“Of course, we are happy with this development. Like I said before, this is evidence of the achievements of small and medium scale miners.”The last time that Guyana even reached that level was back in 2001,holesale Soccer Jerseys, when large-scale operator, Omai Gold Mines,NFL Jerseys Wholesale, was in operation. That company is gone leaving small and medium scale miners in operation.In 2011,WBC Jerseys, with gold prices climbing on the world markets as traders banked on the metal amidst the global financial crisis, declaration was just about 363,083 ounces. This jumped in 2012, increasing to 438,Air Max 97 Womens,645 ounces as miners invested heavily in equipment, trying to cash in.As of December 16th, the Ministry announced the good news that declarations have been the highest ever on record at 458,105 ounces.The declaration would come even as prices plunged from the US$1,900 per ounce to US$1,200 this week,Nike Roshe Run For Cheap, worrying miners.The mining sector has been the biggest foreign currency contributor for the past two years, surpassing big earners of rice and sugar. |
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