Australian outfit moves closer to building large scale gold mine
SEPTEMBER 14, 2013 | BY KNEWS |
Pharsalus-mining map
An Australian outfit, Pharsalus Gold Inc, which has concessions in Region Seven, is now moving to build a large scale gold mining operation.
According to the Government regulator, Environmental Protection Agency (EPA), in a notice to the public yesterday published in Kaieteur News, Pharsalus Gold Inc. has submitted an application to EPA for an environmental authorization to undertake the mining project within the Hicks/Kaburi Concession situated at Black Water Creek, Kaburi Area, Region 7.
“This project would entail the development of an open pit mine that involves, clearing of vegetation, removal of topsoil and blasting of hard rock, construction of: processing facility, laboratory, cyanidation facility, power generating facilities and ground water wells. It would also include upgrading of an existing access road,” the notice said. Continue reading
Guyana food deal can reap big rewards – Trinidad Express Editorial
Guyana food deal can reap big rewards
September 13, 2013 – EDITORIAL – TRINIDAD EXPRESS NEWSPAPER
THE long-ballyhooed “food security facility” project, combining arable land in Guyana’s continental space and capital from Trinidad and Tobago, gained the status of official policy in Finance Minister Larry Howai’s September 9 budget.
Mr Howai reported that the Government is “moving ahead” to enable the cultivation of, first, 10,000 acres and, later, 90,000 acres in Berbice.
Private investment is being invited, presumably from among Trinidad and Tobago conglomerates already operating in Guyana.
The deal negotiated with Guyana will ensure that Trinidad and Tobago companies will shareincentives provided to Guyanese farmers and also enjoy guaranteed repatriation of profits. Continue reading →
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