Category Archives: Mining

GUY$42 billion worth of gold smuggled in four months; several visas revoked – updates added

GUY$42 billion worth of gold smuggled in four months; several visas revoked

Wednesday, 26 August 2015. Demerara Waves

Guyanese and United States (US) authorities have uncovered a money laundering and gold smuggling racket that has so far fleeced the country of more than US$200 million (GUY$42 billion) worth of the precious metal over a four-month period.

Top officials of the Guyana government said a number of Guyanese gold exporters have been smuggling out huge quantities of gold  from Guyana and on arriving in the US have been declaring them as “scrap gold” which do not attract duties in that country.
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GUYANA – Budget Debate and Latest News – August 25, 2015

 GUYANA – Budget Debate and Latest News – August 25, 2015

GUYANA – Latest Budget and Other News – August 20, 2015

 GUYANA –Latest Budget and Other News – August 20, 2015 – Demerara Waves

THE 1939 HOPE BRIDGE OF UPPER DEMERARA – By Dmitri Allicock

THE 1939 HOPE BRIDGE OF UPPER DEMERARA

The 1938 Hope Bridge

THE FIRST BRIDGE ACROSS THE DEMERARA RIVER

By Dmitri Allicock

The days of trembling tracks

Of Upper Demerara, way back

Whistle and thunder that excite

Laden cars coming with bauxite   Continue reading

GUYANA – Latest News – 14 August 2015 – Demerara Waves

 GUYANA – Latest News – 14 August 2015 – Demerara Waves

  •  Govt scraps “sweetheart” fibre-optic cable deal; to proceed with E-Government Project – Demerara Waves  http://bit.ly/1TCyQ0o
  • Timehri residents yet to get word on property regularization – Demerara Waves   http://bit.ly/1Pdxvqb
  • City’s grants amnesty to tax defaulters – Demerara Waves  http://bit.ly/1HM8Svf
  • GPL’s Bharrat Dindyal fired immediately following video recording – Demerara Waves  http://bit.ly/1MsKZRg
  • Rusal no show for labour meeting over dismissed workers, union says company should leave Guyana; legal action looms – Demerara Waves  http://bit.ly/1J95yzJ
  • GRA chides media over “shakeup” report; relies on its tax collection record – Demerara Waves http://bit.ly/1Jf4Bru
  • 31 BOSAI workers at Linden to go home – Demerara Waves http://bit.ly/1NsT6dM

GUYANA – Latest News – 13 August 2015 – Demerara Waves

 GUYANA – Latest News – 13 August 2015 – Demerara Waves

GUYANA – Capitol TV News Videos – 12 August 2015

Capitol TV logoGUYANA – Capitol TV News Videos – 12 August 2015

  • Gov’t says displaying “maturing” by continuing some PPP projects
  • 47 bauxite workers dismissed
  • Miners body welcomes budgetary concessions
  • Police Force gets Crime Scene Investigation training
  • Mother protests for release of 15-year old locked up at Whim
  • Minister Hughes says no “payback” for those who sponsored Canada trip
  • Guyana celebrates International Youth Day
  • Sports

Click links below to view the TV News videos:-  Continue reading

More Details on Finance Minister Winston Jordan’s $221B Budget for 2015

Finance Minister unveils $221B Budget

AUGUST 11, 2015 – KAIETEUR NEWS – By Kiana Wilburg

·     Salaries move from $39, 540 to $50, 000
·    Old age pension increased from $13, 125 to $17, 000
·    Gold miners exempted from paying custom duties on fuel, 10 other items
·    Berbice Bridge toll for passenger cars, buses reduced from $2, 200 to 1900
·    Uniform Voucher increased from $1,500 to $2,000
·    Sausages and 21 other items to attract zero VAT

 —

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Mahdia and nearby villages could be using hydroelectric power by mid 2016

Mahdia and nearby villages could be using hydroelectric power by mid 2016

Tuesday, 04 August 2015 04:49  — Written by 

Director, Tumatumari Hydro Inc Herman Rohlehr addressing the leadership forum at the Arthur Chung Convention Centre

Herman Rohlehr

Photo: Director, Tumatumari Hydro Inc Herman Rohlehr addressing the leadership forum at the Arthur Chung Convention Centre

Guyana Goldfields Inc. Starts Production from Aurora Gold Mine + related articles

Guyana Goldfields Inc. Starts Production from Aurora Gold Mine + related articles

Gold barsTORONTOAug. 4, 2015 /CNW/ – Guyana Goldfields Inc. (TSX:GUY) (the “Company” or “GGI”) is pleased to announce that first gold production has been achieved on-time and on-budget at its Aurora Gold Mine (the “Project”) in GuyanaSouth America.

The Company expects to produce between 30,000 ounces to 50,000 ounces of gold in 2015, depending on how quickly full ramp-up is achieved, and approximately 120,000 ounces to 140,000 ounces of gold in 2016.  Continue reading

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