CLAIMS
- A Small Scale Land Claim has dimensions of 1500 ft x 800 ft and cost $1000 GYD per annum
- A river claim consists of one mile of a navigable river and costs $2000 GYD per annum
LARGE AND MEDIUM SCALE LICENCES/PERMITS
Mining Permits and Quarry Licences
- USS 1.00 acre per annum
Prospecting Permits (Medium Scale)
- 1st year – US$0.25/acre/per annum
- 2nd year – US$0.35/acre/per annum
- 3rd year – US$0.45/acre/per annum
- 4th year – US$0.55/acre/per annum
- 5th year – US$0.65/acre/per annum
- 6th year – US$0.75/acre/per annum
- 7th year – US$0.85/acre/per annum
- 9th year – US$1.05/acre/per annum
- 10th year – US$1.15/acre/per annum
- 11th year – US$1.25/acre/per annum
- 12th year – US$1.35/acre/per annum
- 13th year – US$1.45/acre/per annum
- 14th year – US$1.55/acre/per annum
- 15th year – US$1.65/acre/per annum
Prospecting Licences
- 1st year – US$0.50/acre/per annum
- 2nd year – US$0.60/acre/per annum
- 3rd year – US$1.00/acre/per annum
- 4th year – US$1.50/acre/per annum second mineral US$.75
- 5th year – US$2.00/acre/per annum
- Over 5 years US$3.0O/acre/per annum
Mining Licences
- US$5.00 acre/per annum (foreign)
- US$3.00 acre/per annum (local)
Late Fee Penalty
1/6 x 1/100 x Rental x Number of days outstanding (inclusive of weekends)
Note: 1/600 came into effect on the 29th September, 2007