ExxonMobil buckles under COVID-19 pressure; now gears to trim staff across US offices
Last month, ExxonMobil’s Chief Executive Officer and President, Darren Woods, had boasted that the oil giant is one of the few that has not...
Demand for oil recovering – Wood Mackenzie Chairman
The demand for oil would have suffered an unprecedented blow with the onset of the COVID-19 pandemic, falling an astonishing 21 million barrels a...
Chinese refiner bags Guyana Goldfields for US$237M
After receiving a superior purchasing offer from Zijin Mining Group Co., Guyana Goldfields Inc. announced today it has accepted the proposal and entered into...
Canadian mining company restarts gold exploration in Guyana today
Goldsource Mines Inc. announced today that it plans to restart exploration at its Eagle Mountain Gold Project (“Eagle Mountain”) in Guyana. The company noted...
Shyam Nokta elected as GMSA President
The Guyana Manufacturing and Services Association (GMSA) held its Annual General Meeting (AGM) for fiscal year 2020-2021. The AGM was held in two parts....
Banks DIH sees billion dollar increase in revenue, but cautiously optimistic about “good performance”...
Banks DIH, Guyana’s largest producer of beverages and food products, has seen its revenue increase by $1.10B and its profit before tax jump by...
Gov’t approves Courts’ application to reopen eight stores to only receive month installments from...
The National COVID-19 Task Force has approved an application from Unicomer Guyana to open eight of their Courts stores for the purposes of receiving...
Digicel files for bankruptcy
(TRINIDAD EXPRESS) - Regional telecommunications giant Digicel has filed for bankruptcy before the Bermuda courts, but it insists that its day-to-day operations will not...
Gov’t providing relief grants to small businesses to cushion impacts of COVID-19
Economists have already projected that the socio-economic impacts of COVID-19 will be devastating. Here in Guyana, the government has implemented measures to ease such...
Miners urged to get tested for COVID-19
Deputy Chief Medical Officer, Karen Gordon-Boyle is making a special appeal to members of the mining community to get tested for COVID-19, if they...
