Investment in mineral, extractive industry lucrative

Labour Minister Dr Nanda K Gopaul invited participants at a Canada mining convention to explore investment opportunities in Guyana’s lucrative mineral and other extractive sectors.

In his opening address at Guyana Mining Day at the Prospectors and Developers Association of Canada (PDAC) held recently at the Metro Toronto Convention Centre in Canada, the minister said the vast potential for profitable investment, together with the people’s hospitality and the country’s progressive and modern laws are a boon to investors.

According to a Government Informa-tion Agency (GINA) report, Dr Gopaul noted that Guyana is a strong advocate for profitable environmentally friendly mining ventures. Economic interests are balanced with the country’s commitment to reserve its pristine rainforest and maintaining a sustainable environment, he said. Gopaul asserted that