Trade, industry and the economy — tracking how Guyana's rapid growth reaches businesses and households across the country.
Guyana is on the cusp of another major leap in oil production, with ExxonMobil confirming that the country's fifth floating production vessel remains on schedule to begin operations before the end of the year. The company announced on Friday that the fifth FPSO has departed for…
…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 News) – Australian-listed Altair Minerals Limited has unveiled the largest inaugural gold exploration campaigns. Altair is set to embark on a fully funded 75,000-metre drilling programme for its Greater Oko Gold Project spanning 590 square kilometres contiguous mining lands in Region Seven (Cuyuni-Mazaruni). Greater Oko is twice the combined size of every active gold project […] The post Australian firm unveils 75,000m drill programme for massive Reg. 7 gold project appeared first on Kaieteur News.
(Kaieteur News) – The International Monetary Fund (IMF) is urging Guyana to strengthen its oil and gas audit systems, noting that the country’s rapidly expanding petroleum sector increases the need for stronger financial oversight and accountability. The advice was noted in the IMF’s staff concluding statement of the 2026 Article IV Mission. IMF staff team, led […] The post IMF urges Guyana to strengthen oil and gas audit capacity appeared first on Kaieteur News.
Prudent policy management has helped drive Guyana's rapid economic growth, the International Monetary Fund (IMF) said in its latest Article IV assessment, pointing to falling unemployment, a narrowing fiscal deficit and surging oil output as evidence of sustained macroeconomic…
Jacky Indal, a fisherman on the Essequibo Coast, told Ignite News that his boat has been grounded for the past two weeks following the MV Barima tragedy. His regular buyers of fish have stopped buying. Since the tragedy that claimed 73 lives, with 30 still missing, reports have…
See full statement below: The Association of Chinese Enterprises in Guyana (ACEG), through the collective support of its members, made…
Editorial… (Kaieteur News) – When one of the world’s most influential financial publications sounds the alarm about Guyana’s future, those in authority would do well to listen instead of dismissing criticism as the work of political opponents or so-called anti-development voices. Bloomberg Opinion’s recent analysis, Oil’s Curse Is Hanging Over the World’s Fastest-Growing Economy, should serve […] The post Bloomberg’s warning appeared first on Kaieteur News.
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