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Business

FBI gets involved as 15,000 ounces of illegal gold leave Guyana weekly – Trotman

Some 15,000 ounces of raw gold are being transported out of Guyana weekly, says Natural Resources Minister Raphael Trotman who disclosed that the Federal Bureau of Investigation and United States (US) Homeland Security are looking into the issue. Trotman made the disclosure at a press conference on Wednesday detailing that while some of the gold comes directly from Guyana, some ...

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Guyana Goldfields Inc. Produces 35,901 Ounces of Gold in 2015, achieving commercial production effective January 1, 2016

TORONTO, Jan. 5, 2016 /CNW/ – Guyana Goldfields Inc. (TSX:GUY) announced that gold production for 2015 mining operations totalled 35,901 ounces at its Aurora Gold Mine (“Aurora”) in Guyana, South America. From October 1, 2015 to December 31, 2015, the Company produced 35,723 ounces of gold, of which, 28,850 ounces were sold at an average realized price of $1,079 per ...

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Digicel Business achieves gold certification in the Caribbean

Digicel Business, the region’s leading Business Solutions provider, announced today that it has retained its Cisco® Gold Certification as well as the Master Cloud Managed Services Provider designation for its operations across the Caribbean – the highest levels of partner certifications from Cisco. “We are thrilled to have retained these certifications, which make Digicel the most certified telecoms partner in ...

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Tourism twinned with telecoms, not dissolved but tourism stakeholder still worried

Days after stating that the Ministry of Tourism has been dissolved, government Tuesday night assured that tourism has not been put on the ministerial back burner but has instead been twinned with Public Telecommunications. However, a tourism industry stakeholder still believes that the sector will not be given the required attention given the burdensome nature of telecommunications. The National Frequency ...

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GDF spy was on “legitimate operation” , amid private sector fears

Amid growing concern about the role of military intelligence in civilian operations like the one mounted against the National Industrial and Commercial Investments Limited (NICIL), the Guyana Defence Force (GDF) Tuesday said Sergeant Robert Pyle was involved in a “legitimate operation” last week when he died in a vehicular collision. “Defence Headquarters wishes to notify the public that the late ...

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APNU+AFC dissolves Tourism Ministry; “serious backward step”- says stakeholder

Consequent to the appointment of Cathy Hughes as Minister of Public Telecommunications, the APNU+AFC has taken a decision to dissolve Guyana’s Ministry of Tourism and have its functions usurped by the new Telecommunications Ministry. According to a release from the Department of Public Information, cabinet took the decision to make the switch. The switch comes along with the transfer and reappointment ...

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No final decision on revocation of Jagdeo issued radio licenses – GNBA Head

There has been no final decision made by the Guyana National Broadcasting Authority (GNBA) to revoke all radio spectrum licenses issued by Former President Bharrat Jagdeo, says GNBA Head Lennox Craig. Craig during a telephone interview with Demerara Waves revealed that there has been discussions to that extent but the board has not made a final decision since there may ...

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Demerara Harbour Bridge’s earnings in 2015 dipped

The Demerara Harbour Bridge Corporation recorded a decline in total income for the year 2015. This information was disclosed by the bridge’s General Manager Rawlston Adams during his presentation at the Ministry of Public Infrastructure’s year-end press conference on Thursday, the Government Information Agency (GINA) reported. In 2014, the bridge received the sum of $567,624,557 for marine toll, vehicular toll, ...

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Thousands benefitted from solar power under Hinterland Electrification Programme in 2015, several projects on card for 2016

The Hinterland Electrification Programme that is under the purview of the Ministry of Public Infrastructure has achieved much success in supplying electricity across the hinterland, the Government Information Agency (GINA) reported. The company’s Chief Executive Officer, Horace Williams during his presentation at the Ministry’s year-end press conference,  at the Guyana Civil Aviation Authority on Thursday, said that over 6000 households ...

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