Guyana News

 The latest Guyana news from Stabroek News including oil and gas coverage, crime, politics, culture, business and more.

Staff of Guyana Goldfields Inc pose with Chief Executive Officer Scott Caldwell (left) and Country Manager Violet Jean-Baptiste (fifth from left) at the Marriott Hotel.
Staff of Guyana Goldfields Inc pose with Chief Executive Officer Scott Caldwell (left) and Country Manager Violet Jean-Baptiste (fifth from left) at the Marriott Hotel.

Guyana Goldfields bullish on US$120m underground mine

Guyana Goldfields Inc (GGI)  is forging ahead with preparations for a US$120M underground mining project and since the Canadian miner poured its first gold bar here in 2015 it has paid US$26.5m in royalties to the state.

Moderator Christopher Ram (at podium) listens to questions being posed to Ramon Gaskin by an attendee.

Court is only option to suspend Exxon contract

A legal challenge is the only recourse to suspend the Production Sharing Agreement (PSA) signed between the Guyana Government and ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (EEPGL) and its partners, according to analyst Ramon Gaskin.

The mangled minibus being taken away from the scene.

Minibus topples at Providence

The driver of a minibus escaped unhurt after it toppled along the Providence Public Road, East Bank Demerara on Saturday after he reportedly swerved to avoid hitting a motorcycle.

Dr Vincent Adams

Exxon should pay US$1B up front to Guyana, energy expert says

With billions already gained on the stock market from its oil find here, ExxonMobil and its partners can “more than afford” to pay Guyana US$1 billion instead of the US$18 million received as a signing bonus, according to energy expert Dr Vincent Adams, who also strongly believes that the government should go back to the negotiating table for a better deal.

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