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Govt may reduce purchasing price for gold

Medium and small scale gold miners may soon be paid three percent less than the world market price, a consideration that was Thursday condemned by Guyana’s two miners’ organisations. Minister of Natural Resources, Raphael Trotman confirmed that the idea is being considered but no decision has been taken. “The discussion on asking gold miners to pay a percentage below the “London ...

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GTUC to review position on taking govt’s grant for Critchlow Labour College

Newly-elected President of the Guyana Trades Union Congress (GTUC), Coretta Mc Donald on Wednesday said she and other executive members would be reviewing the reason for not taking government’s subvention for the Critchlow Labour College (CLC). “This new body will definitely have to sit, look at the proposals that are being offered, have discussions and then we’ll make a decision ...

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RUSAL’s refusal to attend meeting angers govt; Cabinet to decide on next step

by Derwayne Wills Government must now consider another strategy for engaging Russian bauxite company, RUSAL, which was a no-show at a meeting scheduled Wednesday morning at the Labour Department between that company, the Labour Ministers and the Guyana Bauxite and General Workers Union (GBGWU). “Upset and annoyed,” were the words used by Keith Scott, Minister in the Social Protection Ministry, when ...

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Black Business Chamber to be launched

Guyana is set to have its first Black business chamber aimed at promoting and sustaining the development of enterprises owned by Guyanese of African descent, the organisation said in a statement. “Part of its goal is to strengthen efforts at national development and achieving surety of economic inclusion through support for the growth of private businesses owned by Guyanese of ...

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“No” to forensic audit of parking meter contract, “Yes” to wider probe of City Hall’s finances- Deputy Mayor

The People’s Progressive Party Civic (PPPC) wants Guyana’s Auditor General to conduct a forensic audit into the parking meter project, but Deputy Mayor Sherod Duncan said that makes no sense. Duncan said assessments of the parking meter contract by the Minister of Finance and the Attorney General and Minister of Legal Affairs were sufficient and there was no need for ...

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Stay and build oil-rich Guyana; US, other countries increasingly shun foreigners– Guyana-born US energy expert

A  University of Guyana (UG) graduate, who admittedly migrated to the United States (US) and eventually rose to a senior official of that country’s Department of Energy (DOE), on Saturday urged graduates to remain and build Guyana because it is destined to become a prosperous nation , even as a number of developed nations frown on foreigners. “At the risk ...

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GRDB boss sent on leave after he’s charged with fraud

The General Manager of the Guyana Rice Development Board (GRDB), Nizam Hassan was Wednesday sent on leave pending the outcome of a fraud charge on which he was arraigned earlier this week, according to well-placed sources. The GRDB’s Board of Directors on Wednesday decided to allow Hassan to first proceed on his entitled one week vacation leave after he which ...

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Romanex Guyana to assist small miners in mercury -free mining

Small scale miners are being afforded the use of machinery from Romanex Guyana to help increase their recovery rates in the Marudi Mountain mining area, Region Nine. The Government Information Agency (GINA) reported that small miners raised the complaint that alluvial mining is not yielding production in the Marudi area when Minister of Natural Resources Raphael Trotman and a team ...

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Fraud-accused Hassan may be sent off GRDB’s top post

The General Manager of the Guyana Rice Development Board (GRDB), Nizam Hassan could be sent off the job later this week, days after he was arraigned on an indictable fraud charge. Hassan is on GYD$250,000 bail in connection with alleged fraud in relation to the construction of the New Guyana Marketing Corporation (NGMC) building on Robb and Alexander Streets, Georgetown. ...

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UG administration, lecturers differ over rental of off-campus building

The University of Guyana’s (UG) likely rental of a five-storey building at the corner of Lamaha and Camp Streets, Georgetown has sparked off criticisms from a number of lecturers, but senior administrative academics are justifying the rental of another building off the Turkeyen Campus. “The justification for renting a building by a cash-strapped university is, for instance, at least 20 ...

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