Business

The state-owned Guyana Gold Board (GGB) is further decentralising its operations by deploying roving representatives in mining communities, General Manager Eondrene Thompson announced Monday. The GGB’s main office is located in Georgetown and a satellite office in Bartica, in addition to agents who are licensed dealers. But Thompson said her entity wants to buy all of the precious yellow metal ...

The Georgetown Chamber of Commerce and Industry (GCCI) on Monday reported that its members have so far experienced a significant decline in business activity due to political uncertainty associated with the no-confidence motion. GCCI President, Deodat Indar told Demerara Waves Online News that a two-question questionnaire was administered online to its 240 members. However, Indar did not state how many ...

Guyana should ensure there are tight regulatory frameworks when dealing with Chinese investors to minimise the possible bribery of public officials, Research Professor of Latin American Studies at the US War College Strategic Studies Institute, Dr Evan Ellis stated recently. Delivering the 11th Vice Chancellor’s Renaissance Lecture on the topic “Transnational Organised Crime and Regional Security Dynamics in Guyana and ...

Senior Minister of Labour, Amna Ally said government expected that RUSAL-BCGI would reinstate the 61 workers who were dismissed last week Monday because they went on strike for higher pay, fringe benefits and better working conditions. In a meeting with branch representatives of the Guyana Bauxite and General Workers Union (GB&GWU) at Maple Town, Aroaima, Ally said the company could no ...

MAPLE TOWN, Aroaima – Striking workers at the United Company Russian Aluminium (RUSAL)-controlled Bauxite Company of Guyana Incorporated (BCGI) Friday afternoon refused to accept, individually, government relief hampers. General Secretary of the Guyana Bauxite and General Workers Union (GB&GWU), Lincoln Lewis advised the workers at the Aroaima bauxite operations to let the leadership of the local union branch take control ...

Ahead of a meeting with top government ministers Friday afternoon, workers of the United Company Russian Aluminium (RUSAL)-controlled Bauxite Company of Guyana Incorporated (BCGI) laid down several demands. At a meeting held at the BCGI Club House, Maple Town, Aroaima (Upper Demerara-Berbice), the workers were told by the President of the Guyana Bauxite and General Workers’ Union (GB&GWU) Branch President, ...

The pilot of a privately-owned single-engine plane died Thursday evening when the aircraft exploded on landing at the Eteringbang airstrip in western Guyana, the Guyana Civil Aviation Authority (GCAA) confirmed. “The accident occurred at approximately 17:45h. According to reports reaching the Guyana Civil Aviation Authority (GCAA), the lone occupant of the aircraft has perished. The GCAA will provide more details ...

Minister of State, Joseph Harmon Thursday morning made it clear that Guyanese workers must be treated in a respectful manner and at all times the country’s labour laws must be upheld at a meeting with the executive members of the Russian Aluminium (RUSAL) company. The meeting aimed to identify ways in which the ongoing strike by workers and their subsequent ...

Reproduced from Upstream by Josh Lewis Tullow Oil has contracted a drillship to spud an exploration well on the Jethro-Lobe prospect on the Orinduik Block, off Guyana. Block partner Eco (Atlantic) Oil & Gas confirmed Wednesday the joint venture had secured the drillship Stena Forth for the upcoming exploration well. Eco confirmed the contract secured the drillship for transport at ...

Top officials of United Company Russian Aluminium (UC RUSAL) and government’s Labour Department on Tuesday gave no clear indication on whether 60 workers, who were fired on Monday, would be reinstated. A number of angry persons blocked a road which leads to the mines at Kwakwani. Chief Labour Officer, Charles Ogle did not address claims by RUSAL’s Representative, Vladimir Permyakov that the ...