Business

Mining Discourse: Heads of newly formed mining syndicates conferring with GGMC officials and Ministers Raphael Trotman and Simona Broomes.
Mining Discourse: Heads of newly formed mining syndicates conferring with GGMC officials and Ministers Raphael Trotman and Simona Broomes.

Trotman, Broomes hold discussions with reps of gold mining syndicates

The imminent legitimate allocation on mining lands to groups comprising the newly-formed mining syndicates will represent “an historic landmark” for the sector and “step in the direction of fulfilling the government’s good life promise,” Minister in the Ministry of Natural Resources Simona Broomes has told the Stabroek Business.

Addressing the drug shortage problem

By John Seeram Background Recently the news media has been highlighting the issue of an emergency procurement by the Georgetown Hospital Cor-poration (GHPC) of drugs valued at $605 million from ANSA McAL Trad-ing Limited.

Disadvantaged groups get Business Minister’s support for help in creating small businesses

Arising out of a meeting between Minister of Business Dominic Gaskin and a group comprising representatives of the Guyana Equality Forum (GEF), the Deaf Associa-tion of Guyana (DAG), Help and Shelter and the Society Against Sexual Orientation Discrimination (SASOD), on Wednesday April 5 to discuss some of the collective challenges facing their constituents, an understanding was reached on the issue of creating a more constructive relationship between the aforementioned organizations and the ministry.

Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver. It runs a website Kitco.com for gold news, commentary and market information.

Gold prices

Kitco Market Data Gold Prices for the three-day period ending Thursday April 6, 2017

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 715’s trading results showed consideration of $11,416,955 from 270,360 shares traded in 12 transactions as compared to session 714’s trading results, which showed consideration of $4,641,577 from 130,951 shares traded in 15 transactions. 

*Prices only represent the average Wholesale Farmgate and Retail Prices at the above mentioned markets and are NOT prices set by the Guyana Marketing Corporation or Ministry of Agriculture.

Market prices

(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.

Roraima Airways Chief Executive Officer Gerry Gouveia

Government, private sector standoff immature and embarrassing – Gouveia

The present standoff between the APNU+AFC Coalition Government and the Private Sector Commission (PSC) following a sharp public exchange between the two earlier this month is “a counterproductive development that is unacceptable given the uncertainty of the present economic climate,” former PSC Chairman and Roraima Airways Chief Executive Officer Gerry Gouveia told Stabroek Business in an interview on Tuesday.

Essequibo Chamber President Deleep Singh

April expo could be catalyst for new entrepreneurial directions in Essequibo

Chastened by the relatively sudden disappearance of the economic windfall that had been triggered by the PetroCaribe oil for rice deal, the business community on the Essequibo Coast is still seeking to find its feet in a changed economic environment where the loss of a 200,000-tonne rice market has created deep uncertainty for the industry.

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