Business

Mercury-free mining techniques in the gold mining sector include work with the Knelsson Concentrator
Mercury-free mining techniques in the gold mining sector include work with the Knelsson Concentrator

Non-mercury mining, enhanced gold recovery among priority mining school courses this year

The challenges to the country’s gold mining industry arising out of a drop in the price of gold and pressures to mitigate the environmental hazards linked to the use of mercury appear to be priority areas in the Guyana Mining School and Training Centre’s efforts to deliver an intensive regime of training for the country’s miners this year.

Georgetown Chamber
President Lance Hinds
Georgetown Chamber President Lance Hinds

Chamber wants elections campaign to speak to business interests

The Georgetown Chamber of Commerce and Industry (GCCI) says it expects political parties contesting the May 11 general elections to focus less on rhetoric and invective and more on the policies and specific initiatives they intend to pursue if elected to office to advance the economic interests of the nation.

Accident site: Caricom Rice Mills Essequibo operations

Still no Labour Ministry reports on recent workplace accidents

The Ministry of Labour, Human Services and Social Security (MOLHSS) is still to complete reports on four private sector workplace accidents that occurred in various parts of the country between December last year and February, a circumstance which a safety and health consultant has told this newspaper is “unacceptable in the circumstances.”

Wayne Dass

Towards capital market development in Guyana

By Wayne Dass, CFA Chief Executive Officer Caribbean Information and Credit Rating Services Limited (CariCRIS) CariCRIS’ is pleased to report that its February 24-27 inaugural Credit Risk Workshop in Guyana held at the Pegasus Hotel was – based on feedback received from the attendees – a successful and value-adding exercise.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 605’s trading results showed consideration of $711,622 from 16,487 shares traded in 9 transactions as compared to session 604’s trading results, which showed consideration of $29,316,743 from 262,239 shares traded in 30 transactions.

FAO Resident Representative
Reuben Robertson

Cassava can be key to cutting region’s food import bill

“Guyana has all of the ingredients necessary to reclaim its position as the bread basket of the Caribbean and the region needs to focus on cultivating high-yielding varieties of [cassava] as well as addressing the processing and commercialization considerations associated with [its] popularization,” newly appointed Food and Agriculture Organization (FAO) Resident Representative in Guyana, Reuben Robertson has told Stabroek Business.

Wayne Dass

Regional credit rating body seeks to do business in Guyana

Stabroek Business has learnt that the region’s first ever credit-rating agency, the Trinidad and Tobago-based Caribbean Information and Credit Rating Services Ltd (CARICRIS) is currently engaging the Bank of Guyana (BoG) with a view to the local entity becoming a member of its Board of Directors.

Lower gasoline prices dampen US consumer inflation

WASHINGTON (Reuters) – US consumer prices fell over the past year for the first time since 2009 as gasoline prices continued to tumble, which could allow a cautious Federal Reserve more room to hold off on raising interest rates.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 604’s trading results showed consideration of $29,316,743 from 262,239 shares traded in 30 transactions as compared to session 603’s trading results, which showed consideration of $4,327,173 from 58,745 shares traded in 27 transactions.

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