Despite the many fears that miners have expressed about the Low Carbon Development Strategy (LCDS),Cheap Jerseys From China, it will not adversely affect the mining industry.As a matter of fact, should President Bharrat Jagdeo succeed at Copenhagen come December, then the money the country will receive will actually benefit the mining community, given that most of the complaints from the miners such as inferior roads and huge duties on equipment,Cheap China Jerseys Authentic, could be addressed.President Bharrat Jagdeo during consultations with miners on the LCDS had acknowledged the importance of mining in Guyana.He committed that nothing will be done to affect the development prospects of the people or harm the interests of the mining sector.“The LCDS is not a bio-diversity protection or environmental strategy but a developmental one,” the President said.According to the Head of State, the impact of mining is limited compared to the size of the forest. But he observed in the future some of the methods (used in mining) would have to be changed whether or not there is the LCDS.This was reiterated by Commissioner of the GGMC,Jerseys NFL Wholesale, William Woolford, at a recent press briefing when asked about the impact of LCDS on mining in Guyana.According to Woolford, the LCDS will enhance the mining industry.“It will only make us sharper and better at what we do,” Woolford said. He is of the opinion that the LCDS is a process which will allow all in the mining industry to stop and think of others.Woolford made it clear that the LCDS is not in place to stop mining, but to ensure mining activities are carried out in accordance with the existing regulations. He further stated that the regulations in place are sufficient to satisfy international standards.Under the LCDS,Cheap NHL Jerseys, Guyana will receive increased payments from partners (starting with Norway, but the scale of funding to re-orient the economy onto a low carbon path will require the participation of other global partners) to align all land-use policies with the LCDS most importantly, forestry and mining policies among others.Under the LCDS there is still the sustainable use of Guyana’s forest which brings into play post-harvest uses such as commercial agriculture; plantation forestry, ranching, and mining that can generate attractive ongoing cash flow after trees are cleared from the land.Through investments in gold mining equipment,Cheap Nike NFL Jerseys, local experts suggest that Guyana could extract at least 9.2 million ounces of identified gold deposits within 30 years.With LCDS returns it is also projected that the capital investment made by miners to extract to coveted minerals will also substantially decline in the coming years making mining a more lucrative industry.Under the executive summary of LCDS that is being piloted by Guyana for implementation,Cheap NFL Jerseys, it states that the country is reaching a new stage in its national development and over the past two decades, the country has re-established a market-led economy within a multi-party democratic system. (Andrunie Harris)
