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Business

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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East Street residents reject M&CC ‘paid parking’

Residents of East Street , North Cummingsburg have rejected the implementation of a paid parking system by the Mayor and City Council (M&CC). M&CC recently moved to implement the system between Middle and New Market Streets along the avenue of East Street. Today, vehicles were parked in clustered manner outside of the zone adopted by the City Council and very ...

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GCAA’s new board yet to meet; several critical issues to be addressed

The eight-member board of the Guyana Civil Aviation Authority (GCAA) has been named with a new Chairman, but it is yet to meet to begin addressing a number of key and critical issues for the aviation sector. Appointments to the Board of Directors for two years with effect from December 7, 2015 to December 6, 2017 have been gazetted since ...

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Kitty Market vendors to be relocated

by Telesha Vidya Ramnarine THE Georgetown Mayor and City Council (M&CC) is in the process of deciding what it will do with the 46 vendors of the Kitty Market who are “in harm’s way.” “It is unsafe; in a ruinous condition,” Town Clerk Royston King said of the market which is located at the corners of Barr and Alexander Streets, ...

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