It is not a practice for the authorities – the Guyana Geology and Mines Commission or the Office of the Prime Minister – to routinely bring to public attention the various environmentally unsound practices that persist in the far-flung mining locations across the vast interior of Guyana; and since journalists rarely if ever pay visits to these mining locations most of the information that reaches the media comes either from the various Amerindian organizations that have been fighting to curb the worst excesses of the delinquent miners or sometimes – off the record — from official (GGMC) sources, miners and the Guyana Gold and Diamond Miners’ Association.
(Karen Abrams holds an MBA from UC San Francisco. She is a Marketing and Small Business Consultant in the US and Caribbean.
After tax profits up to $106m last year from $48m in 2006
Sterling Products Ltd is seeking to develop an oil crop and a facility for manufacturing edible oil locally with the assistance of a CARICOM partner.
Head of the World Wildlife Fund secretariat in Guyana (WWF) Dr Patrick Williams has said that the international environmental body is prepared to support a visit to Jamaica by local gold mining officials to examine the laws, codes and practices there associated with the restoration of mined areas.
New body to raise the profile of Project Management profession here
The Project Management sector in Guyana is expected to benefit from greater access to formal training and regional and international networking opportunities in what has come to be regarded as a key developmental discipline with the establishment here of a sub-committee of the Southern Caribbean Chapter of the United States-based Project Management Institute (PMI), the leading membership association for the project management profession.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 254’s trading results showed consideration of $1,603,325 from 85,396 shares traded in 20 transactions as compared to session 253 which showed consideration of $2,285,000 from 138,822 shares traded in 9 transactions.
GASCI Summary of Financials Session 254 May 19, 2008
Notes
1 – Interim results
2 – Prospective
EPS: earnings per share for 12 months period to the date the latest financials have been prepared.
Guyana’s gold-mining industry is characterized by varying degrees of flagrant disregard for the law and operational practices that do serious damage to the environment and to the lives and livelihoods of the host communities, according to a well-informed mining sector source.
Dumping huge volumes of polluted tailings in Essequibo River
Conditions of lawlessness and chaos are reportedly prevailing at a section of the former Omai Gold Mines Ltd (OMGL) mining site in the Essequibo river where ‘raiders’ have commandeered an area and are pursuing illegal gold mining activities with the knowledge of the authorities.
This newspaper continues to advocate that the investigation into the Customs/Fidelity fraud be allowed to run its course, guided unerringly by the commitment given by the President that the investigation will be thorough, that it will “dig deep,” that there will be no immunity for people who might wish to activate their political connections, that the architects of the fraud will get their just deserts and that the investigation will extend beyond the Fidelity fraud.
Rawle Lucas is a Guyanese-born Certified Public Accountant and Assistant Vice President of the Lending Services Division.
The National Milling Company (NAMILCO) continues to press the Government of Guyana to bring an end to what the company’s Managing Director Bert Sukhai has described as the dumping of flour produced in Trinidad and Tobago in Guyana.
Voortman products challenge ‘junk’ label
attached to snack foods …Top Brandz boss
One of the country’s leading distributors of imported snack foods, beverages and condiments has announced that it has acquired the sole distributorship for a range of health-based bakery products manufactured under the well-known Canadian label Voortman.
Concern for the welfare of employees in a society that is vulnerable to outward migration by skilled and experienced members of the work force is not just a matter of corporate conscience but a practical pursuit of good business sense, according to Chief Executive Officer of Sterling Products Ltd, Ramsay Ally.
Region Ten pushes for greater food security
The pursuit by farmers in Region Ten of greater self-sufficiency in agricultural produce in the wake of the floods in 2005 and 2006 has begun to pay important dividends as the country braces itself to face steadily rising food prices.
Latin America and Caribbean countries struggle to head off rising poverty, indigence & malnutrition
International food prices have been rising over the past few years, but price increases have been particularly steep in the past 12 months.
Two successive years of flooding in Guyana’s coastal areas – in 2005 and 2006 – and the attendant consequences of scarcity of fresh fruit and vegetables and accompanying price rises compelled Region Ten to seriously contemplate its vulnerability to agricultural ‘imports’ and the weakness of its food security infrastructure.
