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Business

Trade, industry and the economy — tracking how Guyana's rapid growth reaches businesses and households across the country.

Canadian firm eyes acquisition of company controlling Quartzstone Gold Project

…weeks after another company inks US$5M deal with Guyanese subsidiary (Kaieteur News) – Weeks after Canadian mining company Fortuna Mining Corp. entered into a more than US$5 million agreement with a Guyanese company for the Quartzstone Gold Project which covers 296 square kilometres of contiguous mining lands – another Canadian firm, XAU Resources Inc. signed a […] The post Canadian firm eyes acquisition of company controlling Quartzstone Gold Project appeared first on Kaieteur News.

Kaieteur News27 Jul

AOAG re-elects Barclay as president, calls for continued voice in aviation policy

(Kaieteur News) – Captain Learie Barclay was on Monday re-elected President of the Aviation Operators’ Association of Guyana (AOAG), alongside Captain Andre Farinha as 1st Vice President and Lt. Col. Miguel Benjamin as 2nd Vice President. Captain Ronald Reece and Lt. Col. (Ret’d) Anthony Mekdeci, AA, were elected as Directors. The election of the Board of […] The post AOAG re-elects Barclay as president, calls for continued voice in aviation policy appeared first on Kaieteur News.

Kaieteur News24 Jul

Oil settles up more than 3% to six-week high as Mideast conflict threatens oil transit routes

(Reuters) – Oil prices settled at their highest since 11th ​June on Wednesday on mounting supply concerns as hostilities continued to escalate between the U.S. and Iran, while threats to by the Iran-backed Houthi militia in Yemen further boosted prices. Brent crude futures settled up $3.06, or 3.36%, at $94.07 a barrel, their highest in […] The post Oil settles up more than 3% to six-week high as Mideast conflict threatens oil transit routes appeared first on Kaieteur News.

Kaieteur News23 Jul

Guyana a key global FPSO hotspot – Rystad report

(Kaieteur News) – With four Floating Production Storage and Offloading vessels (FPSOs) landed in Guyana’s waters between 2019 and 2025 and major developments in the making, Guyana has taken the spotlight as a key global hotspot. Rystad Energy in an FPSO Market Outlook Whitepaper noted that South America continues to dominate the global FPSO pipeline through […] The post Guyana a key global FPSO hotspot – Rystad report appeared first on Kaieteur News.

Kaieteur News21 Jul

USING STANDARDS TO PRESERVE GUYANA’S INDIGENOUS WOODEN CRAFT PRODUCTION

(Kaieteur News) – Guyana’s indigenous peoples are known for their craftsmanship. Using materials from their surroundings and skills perfected over time, they continue to design unique traditional and non-traditional items. One of the common materials used is wood from the various species harvested from trees surrounding indigenous communities in Guyana’s hinterland regions. From this, miniatures, utensils, […] The post USING STANDARDS TO PRESERVE GUYANA’S INDIGENOUS WOODEN CRAFT PRODUCTION appeared first on Kaieteur News.

Kaieteur News19 Jul

J&W TRAINING AND CONSULTANCY ENHANCES OPERATIONS, STRENGTHENS QUALITY THROUGH GNBS 901 CERTIFICATION

(Kaieteur News) – As Guyana’s construction, mining, agriculture and other key sectors continue to expand, the demand for skilled, safety-conscious heavy equipment operators continues to grow. Meeting that demand is J&W Training and Consultancy, a Guyanese-owned company that provides heavy equipment training and consultancy services to clients looking to build their skills and capacity. Managing Director, […] The post J&W TRAINING AND CONSULTANCY ENHANCES OPERATIONS, STRENGTHENS QUALITY THROUGH GNBS 901 CERTIFICATION appeared first on Kaieteur News.

Kaieteur News19 Jul

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