GNBS prohibits the use of unapproved dial scales

The Guyana National Bureau of Standards (GNBS) is sending a strong reminder to vendors, shopkeepers and other retailers who continue to use the unapproved...

COVID-19 shrinks Republic Bank’s profits by US$68M

Republic Financial Holdings Limited and its subsidiaries continue to feel the squeeze during the COVID-19 pandemic. Today, the company reported that for the nine...

Quality of recent oil finds at Yellowtail complex similar to Liza- Hess COO

Even as it noted that the operator of the Stabroek Block, ExxonMobil, is in the process of evaluating two additional reservoirs at the Yellowtail...

GTT’s parent company worried about elections stalemate; implications for discussions to end its monopoly

In its latest filing to the Securities Exchange Commission (SEC), ATN International Inc., the parent company for the Guyana Telephone and Telegraph (GTT), expressed...

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...

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