Business

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1106’s trading results showed consideration of $6,795,129 from 26,418 shares traded in 30 transactions as compared to session 1105’s trading results showed consideration of $4,021,103 from 17,339 shares traded in 21 transactions.

A source close to Guyana’s gold mining industry has told the Stabroek Business that the recently announced US$181 million increase in revenue earned by the country’s gold production in 2024 “while not necessarily being a false figure” conceals what he says is the “downside” of the sector, “the out of control smuggling of gold out of the country.”

The globally regarded independent energy research and business intelligence entity, Rystad Energy, continues to classify Guyana as one of South America’s “front row” crude oil producers amidst a lineup in the region of longer-term ‘heavy hitters’ in the sector including Argentina, Brazil, Mexico, and Venezuela.

On Friday, January 3, 2025 some 60 Guyanese, Venezuelan and Cuban workers at the Demerara Dairies Inc.

(Jamaica Gleaner) National Rums of Jamaica Limited has sought the intervention of the Jamaica Fair Trading Commission, FTC, to address alleged anti-competitive practices by large players, including J.

The Inter American Development Bank (IDB) Tuesday said that the value of exports from Latin America and the Caribbean (LAC) grew by an estimated 4.1 per cent last year, recovering from a 1.6 per cent decline in 2023.

Gold Prices for the three-day period ending Thursday January 16, 2025

The government is advancing plans to construct a new fixed high-span four-lane bridge across the Berbice River, with seven international contractors shortlisted to submit price proposals for the project.

While final costs and “further well operations” reportedly remain to be worked out, the French company TotalEnergies has announced that it will commence drilling and exploration well on Suriname’s Block 64 in May. 

The local Board of Industrial Training (BIT), which falls under the administrative jurisdiction of the Ministry of Labour, recently provided a national briefing on its various training activities, including its execution of training undertakings that impacted one thousand four hundred and ninety trainees (1,490) in 2024.

(Jamaica Gleaner) Agriculture Minister Floyd Green has revealed that the country’s sugar sector is experiencing encouraging growth, prompting the government to prioritise it in 2025.

The productivity levels in Trinidad and Tobago have grown significantly over the last four years, according to a recently published report on Caribbean Economics by the Inter-American Development Bank.

As the burgeoning Guyanese offshore oil and gas industry goes from strength to strength, powered by the Stabroek block, government revenue from domestic production is on track to break the $1 billion mark this year and accelerate to $7.5 billion annually in 2030, according to information provided by Rystad Energy research.

Jamaica earned US$4.3 billion from the tourism industry last year, with an estimated 4.3 million tourist visiting the country, the island’s Minister of Tourism Edmund Bartlett has said.

(Trinidad Express) The Tru Valu chain, which includes five supermarkets—among them the largest in the country—has now been added to the list of CL Financial investments currently on the local market and seeking a buyer.

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Kitco Market Data Gold Prices for the three-day period ending Thursday January 9, 2025