Minister Trotman visits Troy Resources mine site

DPI, Guyana, Monday, June 25, 2018 Minister of Natural Resources, Raphael Trotman today visited Australian gold mining company Troy Resources to observe its operations and discuss the company’s production targets. The visit to the site at Karouni in Region Seven (Cuyuni/Mazaruni) came as the government moves to redouble its efforts…

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Drafting of Guyana’s National REDD+ Strategy begins

GEORGETOWN, Guyana: Work has begun to draft a National Strategy for Guyana to implement Reduced Emissions from Deforestation and Forest Degradation (REDD+). A critical component of Guyana’s REDD+ Readiness Process, the Strategy aims to maintain the country’s low rate of deforestation and forest degradation by continuing related policy, procedures and…

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Guyana headed towards rapid oil production

By Caribbean News Now Contributor GEORGETOWN, Guyana — As Bloomberg News recently reported, Guyana could see substantial oil revenues from its Stabroek Block as early as 2020, thanks to a rapid production timeline being pursued by driller ExxonMobil. According to earlier International Monetary Fund (IMF) reports, those payouts for Guyana could be…

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