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Canada-based Guyanese likely to plug solar power into homeland

A newly-formed Canada-headquartered solar energy company has signed a Letter of Intent with the Guyana government to supply clean electricity, the Chief Executive Officer of Greenheart Tree Energy, Esmonde Klass. “We were given a letter of interest from Minister (of Public Works David) Patterson and now we are waiting for the bidding process,” he told Demerara Waves Online News. Klass ...

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Rice stabilization fund coming

Four months after a pro-government group of rice farmers called for the establishment of a stabilisation fund, President David Granger has announced that his government would be doing so. For years Guyana’s rice sector which is a principal export has been subjected to the volatility of the international market. This has left local farmers crying out and up in arms for government ...

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Republic Bank, Caribbean Airlines involved in Guyana’s jubilee celebration

Republic Bank plans to be “integrally involved” in Guyana’s 50th Independence anniversary celebrations , a top company official announced Friday night. Addressing the 2016 media appreciation cocktail, Managing Director of Republic Bank (Guyana) Limited, Richard Sammy announced that the bank’s involvement would span across the Caribbean. “First and foremost, Republic Bank (Guyana) Limited will be integrally involved in Guyana’s 50th ...

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Mining concessions must be linked to gold declaration- Trotman

Miners would be unable to cash in on concessions for equipment unless they produce above a certain amount of the precious metal and abide by other industry rules including occupational safety and health standards, Minister of Natural Resources Raphael Trotman. “You can’t be declaring 23 ounces of gold and ask for a concession for an excavator knowing that you made over ...

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GGMC to open new yielding lands to small miners

Small miners are to be given greater access to more lands with potentially good yields in another three months, Minister of Natural Resources Raphael Trotman announced Friday. He made the announcement at the opening of a meeting for Small Scale Gold Miners held at the Arthur Chung Convention Centre, Liliendaal. “I, therefore, want to ensure that these lands are given ...

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PPP votes for passage of Credit Reporting Bill

After an enlightening debate and a settlement of several concerns, the National Assembly on Thursday voted to pass the Credit Reporting Amendment Bill that paves the way for Credit Bureaus to access the credit information of consumers. The Bill presented to the House by Finance Minister Winston Jordan amends eights sections of the principal act that was passed in 2010. ...

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Roraima Airways certified to maintain aircraft

Roraima Airways is now certified to maintain aircraft, easing the burden on that domestic carrier of outsourcing its maintenance to another entity and would now be able to provide such a service to other aircraft owners. “This certificate means that Roraima’s Ogle operations new maintenance department has the capacity and has met the standards and criteria to conduct its own ...

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Guyana, Belize exploring formal rice agreement

Guyana wants a bilateral agreement with Belize for the supply of rice to that Central American nation should there be a shortfall in domestic production there, the Ministry of Agriculture said Wednesday. The Agriculture Minister of Guyana, Noel Holder floated the idea of a rice accord as part of a Joint Commission approach in talks with Belize’s Deputy Prime Minister, ...

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REPSOL asks Guyana for extension to continue oil exploration

Officials from global energy company REPSOL, Wednesday,  met with President David Granger to seek an extension to continue exploratory work in the Kanuku Block, the Ministry of the Presidency announced in a statement. Minister of Natural Resources, Mr. Raphael Trotman also attended the meeting, which was held this morning at the Ministry of the Presidency. In a brief comment after ...

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