Business

Two Venezuelans and a Guyanese have been charged with the murder of a Guyanese shopkeeper who last weeks sought to defend his wife from bandits at their shop at Port Kaituma. Police say the Director of Public Prosecutions has advised that Guyanese gold miner 22-year old Nadeem Baksh of Airy Hall, Mahaicony and Venezuelan gold miners, 22-year old Gilberto Da ...

Sleepin Hotel’s Carnival Casino has received its licence on Monday  after submitting a fresh application to the Gaming Authority, ending a six-year long wait and the initial employment of 150 persons, hotelier Clifton Bacchus said Tuesday. He explained that while the application was submitted recently, he had been engaging the Gaming Authority for about three months, providing that regulatory and ...

Guyana and Suriname are inviting expressions of interest from companies with a proven track record to conduct a feasibility study for the construction of the bridge across the Corentyne River. “Assessments will be based on technical competence, qualification and experience, local and regional experience on similar arrangements, financial capability and existing commitments,” the advertisement in Guyanese newspapers said on Sunday. ...

Banks DIH Limited, Morning Glory Inc. (MGI) and the Institute of Applied Science and Technology (IAST) on Sunday announced that  a distribution agreement has been signed between Banks and MGI which appoints Banks as the exclusive distributor of MGI’s locally produced Morning Glory Rice Cereals. The products are manufactured at a state-of-the-art facility in Anna Regina, Region 2, Essequibo Coast.  ...

A 26-year old gold miner was killed when he sought to defend his wife from bandits who attacked her at their shop at White Water Backdam, North West District, and police said they have since arrested three suspects Investigators were informed that Kevin Allam of Turn Basin, Port Kaituma observed the bandits holding his wife by her hair in their ...

The Canadian oil exploration company, CGX Energy, and its fellow Canadian joint venture partner, Frontera, have decided to postpone exploration work in the Corentyne Block until next year. Frontera-CGX had set itself November 27, 2020 to drill the next well at Utakwaaka well on the Corentyne block which is adjacent to the Stabroek Block. However the joint venture partners  at ...

Attorney-at-Law James Bond was Friday morning released from police custody, his lawyer Patrice Henry said. Mr. Bond, according to his Attorney, was granted GYD$200,000 station bail. He waa asked to return to the Police Force’s Criminal Investigations Department headquarters on Monday. Mr. Henry expressed concern earlier Friday that the police detained Mr. Bond overnight without further questioning him all day ...

People’s National Congress Reform (PNCR) supporters, led by party chairman Volda Lawrence, Wednesday night held a candlelight vigil outside the Brickdam Police station in solidarity with their comrade, James Bond, who was arrested Tuesday as part of a probe into a number of land deals. “We are basically out here to give support to our comrade, our friend, our brother ...

The Australian gold mining company, Troy Resources, has withdrawn its production guidance for the Karouni mine site, the Market Herald reported Wednesday. The junior miner had initially forecast production of between 35,000 ounces and 40,000 ounces of gold at a cost of US$1500 and US$1550 per ounce (around A$2040 and A$2105 per ounce) for the 2021 financial year. (A local ...

Guyana and Suriname have agreed to jointly woo international investors to build a bridge across the Corentyne River to link the two  neighbouring South American countries and construct a US$1 billion offshore base to support their huge oil discoveries, Suriname’s President Chandrikapersad Santokhi said Tuesday. “We said that there will be a call from both nations on asking the international ...