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Extractive Industry

More than 100 residents draw mining land lottery

Mining lands were distributed to over 100 applicants at the first in a series of lotteries held on Friday in Georgetown. Authorities told the recipients that they have until April 22 to submit documents such as a Taxpayer Identification Number (TIN) certificate, proof of address and other relevant documents or their opportunity would be forfeited. The Ministry of Natural Resources ...

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BREAKING: RUSAL-BCGI fires 61 Guyanese bauxite workers, union calls on President Granger to intervene

The Russian Aluminium (RUSAL)-controlled Bauxite Company of Guyana Inc. (BCGI) on Monday fired 61 workers, and company representatives refused to attend a meeting summoned by the Ministry of Labour, officials said. Chief Labour Officer, Charles Ogle and General Secretary of the Guyana Bauxite and General Workers Union (GBGWU), Lincoln Lewis said they were informed of the dismissal of the workers ...

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Tax disclosure waivers needed for Extractive Industries Transparency process

As Guyana prepares its first Extractive Industries Transparency Initiative (EITI) report on monies spent by 35 petroleum and mining companies and received by government, a UK-based firm that has been hired to match earnings and expenses says the companies will be asked to authorise the Guyana Revenue Authority (GRA) to release confidential tax information. Hired independent administrator for Guyana’s EITI ...

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