Guyanese ‘hustle’ could now become executive businesses

Guyanese ‘hustle’ could now become executive businesses

–with Local Content Legislation, Minister Edghill says THE passage of the landmark Local Content Legislation paves the way for thousands of Guyanese to transform their mere “hustle” into thriving executive businesses, Minister of Public Works, Juan Edghill, has said. He outlined the opportunities that will follow the promulgation of this legislation during his defence of…

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1.6 million ounces of gold detected at Omai pit

1.6 million ounces of gold detected at Omai pit

SOME 1.6 million ounces of gold have been detected at Omai Gold Mines’ Wenot Pit, located in Region Seven (Cuyuni-Mazaruni). This discovery, according to Omai, represents a significant milestone for the company which has since lost its reputation of being South America’s largest producing gold mine. The official announcement of the find was made on…

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Coconut industry’s earnings climb to $2.5B in 2021

Coconut industry’s earnings climb to $2.5B in 2021

–four nurseries established in Regions Three, Six FOR the period January to November 2021, Guyana earned $2.5 billion from the exportation of coconuts and its byproducts, according to figures provided by the Ministry of Agriculture, on Tuesday. Data show that the exportation of dry coconuts alone raked in $1.8 billion, while $685 million was earned…

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BREAKING NEWS: ExxonMobil makes two new oil discoveries in Stabroek Block

BREAKING NEWS: ExxonMobil makes two new oil discoveries in Stabroek Block

GUYANA’S oil resource is expanding even more as ExxonMobil Guyana, today, announced two more oil discoveries in the Stabroek Block offshore Guyana, a release from the company said. “The Fangtooth-1 well encountered approximately 164 feet (50 meters) of high-quality oil-bearing sandstone reservoirs. The well was drilled in 6,030 feet (1,838 meters) of water and is…

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