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12 contractors bid below engineer’s $55M estimate to refurbish Bartica Nurses Hostel

(Kaieteur News) – Twelve contractors have submitted bids below the engineer’s estimate of $55.03 million for the rehabilitation of the Nurses’ Hostel in Bartica, Region Seven. The Regional Democratic Council (RDC) of Region Seven invited tenders for the project, and during the recent opening of bids at the National Procurement and Tender Administration Board (NPTAB), it […] The post 12 contractors bid below engineer’s $55M estimate to refurbish Bartica Nurses Hostel appeared first on Kaieteur News.

Kaieteur News1d ago
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Uranium royalty to be negotiated when project moves to production

(Kaieteur News) – The royalty the Government of Guyana (GoG) will receive from any future uranium production at the Kurupung Uranium Project has not yet been determined, with company filings stating that the rate will be negotiated if and when an application is made for a mining permit. The Kurupung Uranium Project spans approximately 92.2 square […] The post Uranium royalty to be negotiated when project moves to production appeared first on Kaieteur News.

Kaieteur News1d ago

13 Canadian firms now have full grip on Guyana’s gold sector

…another controls country’s only uranium project (Kaieteur News) – The number of Canadian companies with interests in Guyana’s gold sector has climbed to 13, with the latest entrant, XAU Resources Inc., set to acquire the Quartzstone Gold Project in Region Seven through a business combination. The transaction, announced earlier this year, will see Toronto-listed XAU Resources […] The post 13 Canadian firms now have full grip on Guyana’s gold sector appeared first on Kaieteur News.

Kaieteur News2d ago

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