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Govt drops charges against Chenapau residents arrested for illegally mining at Kaieteur National Park

The Ministry of Natural Resources on Friday announced that government has decided to drop charges against 20 persons arrested for alleged illegal mining at the Kaieteur National Park. “It has been decided that as an act of good faith Government will not prosecute the charges against the more than 20 persons arrested on Sunday May 28, 2017 for mining within ...

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Royalty on ExxonMobil-produced oil doubled; Guyana assures production licence will be granted this month

  In the wake of a prolonged wait by ExxonMobil for various regulatory approvals before making its Final Investment Decision (FID), the Guyana government Thursday publicly assured the company that it would be granted a production licence this month. “Following reviews of the technical and environmental aspects of the Liza Project – Development Plan that was submitted by Esso Exploration ...

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Persons arrested at Kaieteur National Park charged with mining offences

The 20 persons- mainly residents from the Amerindian village of Chenapau- who were earlier this week arrested for allegedly illegally mining at the Kaieteur National Park were released from police custody after they were charged with violating the Mining Act, authorities said Tuesday. Commissioner of the Guyana Geology and Mines Commission (GGMC), Newell Dennison told Demerara Waves Online News that ...

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GYD$89 million Liliendaal bridge opens to vehicular traffic

The modern Liliendaal Bridge, which includes a pedestrian walkway, is now open to vehicular traffic after engineers from the Ministry of Public Infrastructure,Monday evening, completed construction works, one month ahead of the scheduled completion date. In a release by that ministry,  the Minister of Public Infrastructure, Mr. David Patterson said that while the initial deadline was June 2017, the Ministry was ...

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GPHC unable to account for tax payers’ millions …Finance Director says his job “not for the finance per-se”

The Georgetown Public Hospital Corporation (GPHC) is unable to give a definitive position on why many of its Annual Finance Statements are not being filed—months after they are legally required according to the Public Corporations Act—and further is unable to say whether monies it was supposed to return to the treasury were in fact returned. This situation was only compounded ...

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President ordered massive crackdown on illegal mining at Kaieteur National Park; several arrested, dredges seized- Trotman

Police, soldiers and officers of the Guyana Geology and Mines Commission (GGMC) on Sunday swooped down on the Kaieteur National Park and arrested several persons who were allegedly illegally mining there, Minister of Natural Resources, Raphael Trotman said. Trotman said the decision to move in at the Kaieteur National Park was taken by President David Granger, who is the Minister ...

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New Commercial and Deeds Registry Board appointed

The Guyana government has appointed a Governing Board of the Deeds and Commercial Registries Authority, but its full constitution will await the parliamentary approval of the law. “The previous Board expired in May 2016 and the delay in constituting the new one was as a result of the Deeds and Commercial Registries Authority (Amendment) Bill 2017 being laid before Parliament. ...

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Govt is pro-business but “not transparent” about oil contracts ; Jagdeo “salivating” over oil revenues

Transparency and effective planning to use massive oil revenues are among the major issues facing Guyana as the country prepares for first oil by 2020, according to a senior official of a United Kingdom-headquartered independent risk consultancy. Speaking at the 26th La Jolla Energy Conference being held in California, Control Risks’ Senior Analyst for the Andean Region, Raul Gallegos praised ...

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Higher oil prices not necessarily good for Guyana- US Professor

Lower oil prices may be to the advantage of Guyana which expects to pump first oil by 2020 because  high prices for the ‘black gold’ may trigger corruption by politicians, a University of California, San Diego Professor said Wednesday. “The higher the oil prices and the more the revenues that flow into the country, the greater the risk that politics ...

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