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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

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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

Govt. seeks contractor to design, build bridges at Mahaica, Mahaicony & Abary

(Kaieteur News) – The Ministry of Public Works in an invitation for initial selection works (shortlist) is seeking applicants for the design and building of bridges across the Mahaica, Mahaicony and Abary Rivers/Creeks. This project is part of the Reconstruction of Existing Road Network on the East Coast Demerara (ECD) between Mahaica and Abary in Region […] The post Govt. seeks contractor to design, build bridges at Mahaica, Mahaicony & Abary appeared first on Kaieteur News.

Kaieteur News15 Jul

GLDA admits to cattle dying during transportation from Brazil, but denies claims of mismanagement

The Guyana Livestock Development Authority (GLDA) is rejecting as “false and misleading”, reports that the welfare, transportation, and management of the recently imported 300 pregnant heifers from neighboring Brazil were not properly done, putting the livelihoods of the animals at risk. The cattle are being held at GLDA’s Ebini Livestock Facility in the Berbice River. […]

News Source Guyana14 Jul

Ghanaian firm given final deadline to pay US$17M signing bonus for oil block

(Kaieteur News) – Ghanaian company Cybele Energy has been given a final deadline to pay the US$17 million signing bonus or risk losing the S7 block offshore Guyana. Minister of Natural Resources, Vickram Bharrat recently announced that the company has until the end of July to settle the payment. “I say safely, the ending of July […] The post Ghanaian firm given final deadline to pay US$17M signing bonus for oil block appeared first on Kaieteur News.

Kaieteur News14 Jul

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