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With 215,000 square kilometres (83,000 sq mi), Guyana is the fourth-smallest country on mainland South America after Uruguay, Suriname and French Guiana. The main economic activities in Guyana are agriculture (production of rice and Demerara sugar ), bauxite mining, gold mining, timber, shrimp fishing and minerals.
Bauxite mining was the main industry in Linden, and so the reduction of bauxite mining led to many workers having to find employment outside of the city. [22] In 2009, 57 employees of the Bauxite Company of Guyana Inc. were fired for participating in a strike to campaign for higher wages and better workers' rights. [25]
An American company was allowed to open a bauxite mine, and two Canadian companies were permitted to develop the largest open-pit gold mine in South America. However, efforts to privatize the two state-owned bauxite mining companies, Berbice Mining Company and Linden Mining Company have so far been unsuccessful.
Guyana Goldfields was a Canadian company that owned and operated the Aurora gold mine in Guyana. Before being acquired by Zijin Mining in 2020, Guyana Goldfields was a publicly traded company with shares listed on the Toronto Stock Exchange and previously TSX Venture Exchange. Beginning in 1996 the company acquired exploration rights to the ...
The company has a Memorandum of Understanding with the government of Guyana for plans to develop a hydropower plant at the Kumarau Falls on the Kurupung River. [ 6 ] [ 7 ] The company anticipates the government of Guyana will issue their mining license in 2021 after a final feasibility study.
Today, Kaituma serves as the gateway to the nearby jungle where the now predominant industry of small-scale gold mining takes place. [10] The transient nature of many of these pork-knockers (gold miners) has led to problems of gun crime, robbery, murder and bribery in the unpoliced hinterlands. This however does not perturb a continual flow of ...
Pages in category "Lists of companies of Guyana" ... List of airlines of Guyana This page was last edited on 6 November 2022, at 17:09 (UTC). ...
Upon completion, the company was officially opened by then Guyanese Prime Minister Forbes Burnham on May 17, 1969. [2] Guyana was at the time under the administration of Forbes Burnham, who served as both First Prime Minister and Second President of the country, from 1964 until his death in 1985.