Tag Archives: Mining companies – Opinion by Glenn Lall

GUYANA: Gold and Other Mining: ‘Large-scale thievery coming’ – Opinion by Glenn Lall

Glenn Lall

– mega gold firms spell more doom for Guyana
– country has little to show for Omai, Troy Resources, RUSAL investments

Government’s announcement that three large scale gold firms are poised to set up shops here is cold comfort to Guyanese who continue to be short-changed by foreign investors, businessman and Publisher of the Kaieteur News, Glenn Lall has said.

Meanwhile, even as Dr. Singh spoke about the benefits from these possible new gold mining operations he did not disclose the names of the firms and Mr. Lall believes something is sinister in this move. “Three more larger than Omai companies coming soon. He did not name them nor did he tell us where they are coming from or what the deal is. All he said, Guyana will benefit [with slice bread money]. When a leader could tell you consider the food and other supplies, transport services and 1,000 people who gon get jobs, in which a company will fetch out billions in US dollars from we backyard, speaks of the tragedy that they are creating for us.”            Continue reading