Business

Death trap: The accident site
Death trap: The accident site

GGMC flags safety transgression in Monday’s Mahdia mining accident

Last Monday’s Mahdia mining accident in which 19-year-old labourer Trenton Sebastian lost his life may well have been avoided had known procedures associated with standard safety practices been followed, according to a Guyana Geology and Mines Commission (GGMC) source associated with the post-accident investigation.

Minister within the Ministry of Natural Resources Simona Broomes in discussion with Richard Spencer, President & CEO of U308 Corp; Shazadh Khan, Country Manager-Guyana of U308 Corp and Trade Commissioner of the Canadian High Commission in Guyana, Anand Harilall last week in Toronto, Canada.
Minister within the Ministry of Natural Resources Simona Broomes in discussion with Richard Spencer, President & CEO of U308 Corp; Shazadh Khan, Country Manager-Guyana of U308 Corp and Trade Commissioner of the Canadian High Commission in Guyana, Anand Harilall last week in Toronto, Canada.

Canada ministerial forum will raise investment prospects for Guyana’s gold-mining sector – Broomes

Guyana’s attendance at and participation in the March 6 – 9 Inaugural International Mines Ministers Summit of the Prospectors and Developers Association of Canada (PDAC) in Toronto, has enhanced the prospects for attracting investors from Canada and other parts of the world to the country’s gold-mining industry, Minister within the Ministry of Natural Resources and the Environment Simona Broomes has said.

Minister Jordan and public servants’ salaries

Finance Minister Winston Jordan would—much more than the average citizen—be au fait with the condition of the national economy (or what is usually referred to as the numbers) in the context of whether or not it is in a position to afford public servants a salary increase and just how much the economy might be able to afford at this time.

Kitco Market

Gold Prices for the three day period ending Thursday  March 17, 2016     Add New            Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Michael Mohan

Starr CEO talks up alternative energy

Arising from the outcomes of his own experience a decade ago in renewable energy, Chief Executive Officer of Starr Computers Michael Mohan is recommending that both domestic consumers and business houses move in that direction without undue delay.

Tameca Sukdeo-Singh

GuyExpo 2016 to focus on business coaching, overseas product promotion

Planned this year to coincide with Guyana’s 50th anniversary independence celebrations, the May 12-15 GuyExpo will not only attempt to push for even higher levels of involvement by the Guyanese entrepreneurial community in the diaspora but will also be geared to ensure more aggressive domestic and international promotion of local enterprises with a view to enhancing their marketing prospects both at home and abroad and by extension ensuring the economic growth of Guyanese businesses.

Owners have key responsibilities for safety in gold-mining operations – Broomes

The economic exploitation of Guyana’s precious metals sector cannot be allowed to proceed without taking stock of the need to be mindful of the safety considerations that must be applied in the mining sector, Minister in the Ministry of Natural Resources and the Environment Simona Broomes told Stabroek Business on Tuesday in the wake of Monday’s mining accident at Mahdia, in which a 19-year-old labourer lost his life.

Stock market updates

              GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 659’s trading results showed consideration of $11,181,068 from 536,391 shares traded in 19 transactions as compared to session 658’s trading results, which showed consideration of $46,942,154 from 2,087,376 shares traded in 25 transactions.

Guyana Marketing Corporation Prices

(Prepared by the Guyana Marketing Corporation and published by Stabroek Business as a public service)                    *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.

Stock Market Update

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 658’s trading results showed consideration of $46,942,154 from 2,087,376 shares traded in 25 transactions as compared to session 657’s trading results, which showed consideration of $15,557,368 from 35,332 shares traded in 18 transactions.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 657’s trading results showed consideration of $15,557,368 from 35,332 shares traded in 18 transactions as compared to session 656’s trading results, which showed consideration of $27,155,061 from 1,191,587 shares traded in 11 transactions.

Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 656’s trading results showed consideration of $27,155,061 from 1,191,587 shares traded in 11 transactions as compared to session 655’s trading results, which showed consideration of $21,204,040 from 517,465 shares traded in 35 transactions.

Kitco Market Data

Gold Prices for the three day period ending Thursday  February 25, 2016Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Stock Market Update

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 655’s trading results showed consideration of $21,204,040 from 517,465 shares traded in 35 transactions as compared to session 654’s trading results, which showed consideration of $8,688,223 from 37,583 shares traded in 9 transactions.

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