Guyana News

 The latest Guyana news from Stabroek News including oil and gas coverage, crime, politics, culture, business and more.

Guyana Goldfields receives unsolicited proposal from Canadian mining company

On the heels of its announcement that as much as 85% of its workforce here could be severed  in a restructuring exercise, Guyana Goldfields yesterday announced that it has received an unsolicited proposal from fellow Canadian miner Gran Colombia and this will be reviewed by the board to determine if it is superior to one from silver company, Silvercorp.

Lethem COVID-19 case escapes, held in Brazil

Region Nine’s first coronavirus (COVID-19) victim this morning escaped from the Lethem Hospital where he had been quarantined and was later apprehended at his Bon Fim, Brazil home just across the border, Region Nine Police Commander Keithon King confirmed.

The Guyana Goldfields site

Guyana Goldfields could lay off as many as 85% of employees

Canadian gold miner Guyana Goldfields Incorporated (GGI) has informed the employees of the Aurora Gold Mines (AGM) that a significant number will be made redundant since the size of the workforce will be reduced over the next month to facilitate a transition from open pit to underground mining.

Region Nine reports first COVID-19 case

The first confirmed case out of Region Nine (Upper Takutu/Upper Essequibo) is among the five new COVID-19 cases, raising the overall number in Guyana to 109, according to de facto Minister of Public Health Volda Lawrence.

Guyana Goldfields to terminate hundreds

Guyana Goldfields Inc is to sever between 200 to 300 employees as it faces a range of challenges including financing, regulatory approval of a mining plan and the impact of COVID-19, sources say.

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