Gold syndicates ready to get to work

-mining block limit set aside

What had appeared for several months to have been sharp differences between the Ministry of Natural Resources and representatives of mining syndicates over land allocation that had effectively stalled the commencement of work by the country’s first group of gold-mining cooperatives now appears to have come to an end following an encounter between the miners and Minister of Natural Resources Raphael Trotman.

Oil and Gas: Local Content and the Public Interest

Like so many other institutions and individuals in Guyana the Stabroek Business has been  observing local developments at both the public and private sector levels as well as the contemplations of public commentators in the matter of what now appears to be the imminent commencement of the exploitation of oil and gas in Guyana’s territorial waters beginning in 2020.

Guyana Mining School parading its oil and gas training credentials

The Guyana Mining School and Training Centre Inc.,in partnership with its stakeholders and supporting training partners, has begun training more than thirty five young adults in disciplines relating to the application of STEM (Science, Technology, Engineering and  Mathematics) to the exploration component of  upstream oil and gas operations.

Kitco Market Data

Gold Prices for the three day period ending Thursday November 16, 2017 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Private institute offering new City and Guilds ‘route’ to better CSEC English, Math results

With good grades in English Language and Mathematics increasingly being touted as a critical doorway to higher education and meaningful employment paths in Guyana,” the Georgetown-based JTW Management Institute has launched the City and Guilds of London and English and Mathematics certificates as what the Institute’s Director Jocelyn Williams is describing as a “second chance” for CSEC students and young school leavers.

Stock market updates

Stock market updates   GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 747’s trading results showed consideration of $29,974,843 from 820,991 shares traded in 11 transactions as compared to session 746’s trading results which showed consideration of $6,762,950 from 63,504 shares traded in 7 transactions. 

Prices Prepared by the Guyana Marketing Corporation

(Prepared by the Guyana Marketing Corporation and published by Stabroek Business as a public service)                     The New Guyana Marketing Corporation has agreed to provide us with the above information which we will publish on a weekly basis subject to receipt.

Giftland CEO says company ready to do power deal with GPL

As seasonal electricity woes re-surface…

As the power generation challenge that customarily attends the Christmas service provided by the Guyana Power & Light Company begins to rear its head, Chairman of the Giftland Group Roy Beepat has told the Stabroek Business that his offer to support the beleaguered state entity with electricity on the East Coast Demerara remains open.

STARR Computers CEO hosting state schools on ‘fourth industrial revolution’

-says committed to supporting STEM Guyana programme

This past week students from a number of state-run secondary schools have been hosted by the local information technology firm Starr Computers as part of a commitment given by the management of the company to contribute to filling what the company’s Chief Executive Officer Michael Mohan describes as the “critical technology gap” the exists between Guyana and the developed world.

Honey sector still to impact local, export markets

…needs at least 1000 beekeepers with 100 hives each

If the local beekeeping industry is to make a more meaningful contribution to livelihoods and to the country’s economy as a whole, it is necessary that it receive a far more generous measure of support from government to help create infrastructure and to better position the sector to make a mark on both the local and external market, Treasurer of the Guyana Apiculture Society, Aubrey Roberts has told the Stabroek Business.

Public/private sector relations in a discomfiting political temperature

The coincidence between what had appeared to be some distinct signs that the frosty relationship between the APNU-AFC administration and the private sector might have been moving in the direction of a gradual thaw and the recent sudden and dramatic reversal occasioned by the announcement by President David Granger that Justice James Patterson was his choice to be the next Chairman of the Guyana Elections Commission is worrying in more ways than one.

Umami rebrands in bid to draw more customers

Long seized of the critical importance of the role of labeling and packaging as a marketing tool, Umami, the Lusignan-based company last month used the occasion of the public/private-sector staged Uncapped event at the National Exhibition Centre to rebrand its range of sauces and condiments.

Kitco Market Data

Gold Prices for the three day period ending Thursday November 09, 2017               Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Jamaica aiming to cash in on coconut craze

Mindful of the heavy and mounting expenditure required to meet the continually growing demand for imported coconut products, Jamaica is embarking on an initiative aimed at tripling the existing 40,000 acres of land under coconut cultivation over the next ten years.

Stock market updates

Stock market updates               GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 746’s trading results showed consideration of $6,762,950 from 63,504 shares traded in 7 transactions as compared to session 745’s trading results which showed consideration of $25,317,802 from 543,145 shares traded in 9 transactions. 

Price Prepared by the Guyana Marketing Corporation

(Prepared by the Guyana Marketing Corporation and published by Stabroek Business as a public service)                         The New Guyana Marketing Corporation has agreed to provide us with the above information which we will publish on a weekly basis subject to receipt.

Completion of $130m Food and Drugs Complex will provide safety assurances – Cole

This week’s ceremonial turning of the sod preparatory to the construction of a complex in which to house the Government Analyst-Food & Drugs Department (GAFDD) would appear to signal the beginning of the end of the marginalization of a key state agency which has spent just a few years short of a decade performing critical functions utilizing makeshift accommodation on the University of Guyana’s Turkeyen Campus.

GMSA still sees Amaila as `most feasible” power option…

-pushing for centralized agro processing facility

Just over a month after Minister of State Joseph Harmon had declared that the APNU+AFC administration had set aside the 165 MV Amalia Falls Hydropower Project, the private sector appears to have not yet written off the controversial power supply option as a vehicle for accelerating the growth of the country’s manufacturing sector.

Private/public sector organisers standing behind Uncapped model

-similar events billed for Providence, Port Mourant in 2018

As early as Saturday evening, long before the scheduled three-night Uncapped event at the National Exhibition Site, Sophia, was over, officials of the Guyana Manufacturing & Services Association (GMSA) were announcing that four more such events, at Providence, Port Mourant, and two other venues including one in Region Three, would be held in 2018.

Sweet pepper production going places – NAREI

The National Agricultural Research and Extension Institute (NAREI) is reporting that production of sweet peppers by local farmers last year reduced the country’s food import bill by $20 million.