Finance Minister had referred to likely mining in sensitive south of Guyana

Dr Ashni Singh

Despite Minister of Natural Resources, Robert Persaud giving the impression that a controversial survey in the south east carried no implication of mining, the Minister of Finance in this year’s budget had referred to likely extraction.

Minister of Finance Dr. Ashni Singh, in his budget speech to the National Assembly earlier this year, had said that rare earth elements present a new opportunity for investment and with industrial countries actively pursuing alternative sources, Guyana offers new terrain.

“To this end, Govern-ment has invited expressions of interest for two locations, one in southern Guyana and the