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Gold declarations hit US$955M by mid-2026

(Kaieteur News) – Guyana’s gold declarations reached 233,000 ounces by mid-2026, roughly 25,000 ounces ahead of the same period last year, according to Minister of Natural Resources Vickram Bharrat. At an approximate gold price of US$4,100 per ounce, those declarations are valued at about US$955 million — a figure that will move with the market price […] The post Gold declarations hit US$955M by mid-2026 appeared first on Kaieteur News.

Kaieteur News17 Jul

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Austrian company to begin int’l arbitration over unpaid hospital contracts

…Govt. rejects “misleading narrative,” vows to defend itself (Kaieteur News) – VAMED Engineering GmbH, a Vienna-based international healthcare infrastructure provider, announced Thursday that it will pursue international arbitration against the Government of Guyana over unpaid, certified costs on two major hospital construction projects — a claim the government has firmly rejected, calling VAMED’s account a “misleading […] The post Austrian company to begin int’l arbitration over unpaid hospital contracts appeared first on Kaieteur News.

Kaieteur News17 Jul

Like oil, like gold

Editorial… (Kaieteur News) – Guyana now qualifies to be a jewellery store that is without equal, beyond compare. From oil to gold, the language is exciting and flashy. Looking on the bright side, it is almost inevitable that fields under exploration for uranium could join the foreign investor orchestra currently performing at high volume. A group […] The post Like oil, like gold appeared first on Kaieteur News.

Kaieteur News17 Jul

New Canadian firm moves to acquire 64 km² of mineral claims in US$1.1M deal from local owner

By Renay Sambach (Kaieteur News) – Lexston Mining Corporation, the newest Canadian firm to be drawn to Guyana’s mining industry, has moved to acquire mineral claims covering approximately 64.75 square kilometres (km²) in the northwest mining district, in a deal valued at US$1.1 million. This move comes just weeks after Lexston incorporated a wholly owned local […] The post New Canadian firm moves to acquire 64 km² of mineral claims in US$1.1M deal from local owner appeared first on Kaieteur News.

Kaieteur News16 Jul

GPL targets stronger national grid with river crossing, new substations

(Kaieteur News) – The Guyana Power and Light Inc. (GPL) says excavation of the riverbed tunnel, or “bore,” for its network expansion project is expected to begin within the next two weeks as work on the company’s grid modernisation programme continues to advance. A “bore” is the excavated tunnel drilled beneath a riverbed using a guided, […] The post GPL targets stronger national grid with river crossing, new substations appeared first on Kaieteur News.

Kaieteur News16 Jul

Air Services closes helicopter operations; Complains of "insurmountable hurdles"

Local airline company, Air Services Limited, has announced the closure of its helicopter operations, saying it faced a number of administrative setbacks and ‘insurmountable hurdles’ in getting the relevant regulatory approvals for its continued operations. In a statement, the company explained that after a decade of dedicated service to the aviation sector in Guyana, it […]

News Source Guyana15 Jul

Canadian firm steps up nuclear education campaign amid scrutiny of Guyana uranium project

(Kaieteur News) – As concerns mount over the proposed Kurupung uranium project in Guyana, Canada-based U92 Energy Corp. has been ramping up educational posts on social media to outline environmental management, safety and benefits of nuclear energy. The Kurupung Uranium Project spans approximately 92.2 square kilometres in Region Seven and carries a historical resource estimate of […] The post Canadian firm steps up nuclear education campaign amid scrutiny of Guyana uranium project appeared first on Kaieteur News.

Kaieteur News15 Jul

Air Services Limited shuts down rotor wing operations after years-long certification fight

(Kaieteur News) – Air Services Limited (ASL), one of Guyana’s longest-serving aviation companies, on Tuesday night announced the closure of its rotor wing (helicopter) division, blaming what it describes as frustrated efforts to secure the regulatory approvals needed to keep the operation running. In a statement released Tuesday night, the company said it spent seven years […] The post Air Services Limited shuts down rotor wing operations after years-long certification fight appeared first on Kaieteur News.

Kaieteur News15 Jul

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