An Australian mining company has kicked off its first exploration campaign at a gold project it recently took over. The firm is now working the ground at the newly acquired site. This initial phase marks the start of assessing what the property holds.
Omai, the gold mining operation in Guyana, is switching to heavy fuel oil generators for its power needs. The move means the site will rely on HFO rather than other fuel sources. Details on the timeline or capacity of the new generators weren't provided. The change is expected to affect the mine's energy costs and emissions.
Venezuela's interim president, Delcy Rodriguez, announced that a new energy deal with the United States will last 25 years. The agreement aims to boost crude production to 1.5 million barrels per day while maintaining Venezuela's control over its resources. Rodriguez praised the accord in a late-night speech.
The Guyana Geology and Mines Commission is pushing miners to declare their gold through official channels. Policy Planning and Coordination Officer Omkar Lochan said measures are being put in place to make declaration services more accessible in mining communities. The effort aims to boost gold declaration rates across the country.
A satirical piece in Kaieteur News pokes fun at a new class of people in Guyana who never work a day in their lives. They aren't ashamed and seem happier than those who wake up at 5:30 to beat traffic. The writer notes that some people say they can't afford to work.
Vishul Ishwaridin has proposed that the Guyanese government build and run its own supermarkets and hardware stores. The plan aims to lower the cost of food and building materials for citizens in all regions.
The Guyana Development Bank will provide funding for businesses in 23 communities designated as model villages. This initiative aims to improve infrastructure and create sustainable jobs. Bank representatives plan to visit the identified areas soon.
The piece makes a simple, direct case: Ram is correct. No arguments are offered beyond that assertion. The entire content consists of the title and a single sentence repeating the claim. It reads more like a statement of position than a developed news report.
Georgetown's city administration is raking in millions of dollars in unpaid debts after changing the interest rate on outstanding taxes from compound to simple interest. Officials say the new formula brings substantial relief to debtors. The change has turned into a windfall for the city.
Guyana lost billions of dollars because it failed to ring-fence ExxonMobil’s oil projects, according to publisher and commentator Glenn Lall. He argues the country was effectively conned by not separating the costs and revenues of individual developments. That oversight, he says, allowed the company to inflate expenses and shortchange the government. Lall’s remarks add to growing criticism over how Guyana has managed its oil wealth.