Bauxite sector for strategic review

-after production growth

The Ministry of Natural Resources and the Environment will host a strategic review of the Bauxite Sector in Linden today against the backdrop of higher output last year.

A release from the Ministry of Natural Resources said that the review will feature presentations by Bosai Minerals Group (Guyana) Inc. and Bauxite Company of Guyana Inc. (RUSAL). There will then be an interactive session with the Guyana Geology and Mines Commission (GGMC) to discuss environmental commitments and compliance with Mining Regulations.

The ministry said that in 2012, bauxite production rose from 1,827,555 metric tonnes in 2011 to 2,034,811 metric tonnes at the end of November 2012, an overall increase of 25.7 percent relative to the 1,618,483 produced for the period January to November 2011.
The ministry added that the Bauxite Company of Guyana Inc. produced 1,416, 287 metric tonnes of bauxite in the period January to November 2012, 5.9% more than that produced for the whole of 2011 (1,337,057 metric tonnes).

Bosai Minerals Group (Guyana) Inc. (BMGGI) produced 618,524 metric tonnes between January to November 2012, 26% more than for the whole of 2011 (490,498 metric tonnes). Bosai has announced that it will invest close to US$100M to expand its operations this year.

Minister of Natural Resources and the Environment, Robert Persaud, senior management of the Guyana Geology and Mines Commission and top executives of Bosai Minerals Group (Guyana) Inc. and Bauxite Company of Guyana Inc. will be present at the forum.
The forum will be held at 11 am at Watooka House, Linden.

More in Local News

default placeholder

Lightning suspected in power outage -GPL

At approximately 20:56 hours last evening, the Guyana Power and Light says a line trip along two Kingston feeders (F3 and F4) resulted in an interruption in the supply of electricity to customers in Kingston, Cummingsburg, Albertown, Lacytown and Werk-en-Rust.

Bharrat Jagdeo

Jagdeo stands by NY statements

Opposition Leader Bharrat Jagdeo last night stood by statements he had made in New York about discrimination against Indo-Guyanese which the APNU+AFC government has described as race-baiting.

City Hall

Despite higher revenue, city still faces deficit

City Hall amassed a whopping $1.29 billion in revenue for the first six months of the year but continues to operate at a deficit and some city councillors are frustrated at their inability to access detailed information on the city’s expenditure.

Opposition Leader Bharrat Jagdeo addressing the audience 
 

Gov’t condemns Jagdeo for race baiting

The Government of Guyana (GoG) yesterday condemned Leader of the Opposition Bharrat Jagdeo for “race baiting,” after he claimed that there is “an assault on people of Indian origin” during a speech at an event in New York recently.

Commander of ‘B’ Division Ian Amsterdam (second, right) meeting with Pawan Chandradeo’s wife and children

City detectives to assist in Berbice triple murder probe

The police are continuing to work all angles and a number of theories in order to solve last week’s triple murder at Mibicuri, Black Bush Polder and Crime Chief Wendell Blanhum said yesterday that a team from the force’s Major Crimes Unit (MCU) was expected to head to the area to lend assistance in the investigation.

default placeholder

Appointment of new foreign envoys based on merit, not patronage – Granger

The appointment of new foreign mission heads was based on merit and was not a form of reward, President David Granger said last evening even as he called on them to put the border controversy with Venezuela on the front burner.

Comments

About these comments

The comments section is intended to provide a forum for reasoned and reasonable debate on the newspaper's content and is an extension of the newspaper and what it has become well known for over its history: accuracy, balance and fairness. We reserve the right to edit or delete comments which contain attacks on other users, slander, coarse language and profanity, and gratuitous and incendiary references to race and ethnicity.

Stay updated! Follow Stabroek News on Facebook or Twitter.

Get the day's headlines from SN in your inbox every morning: