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Omai Bauxite Company, owned by Canadian IAMGOLD, was bought in 2007 by BOSAI, a Chinese company. [19] The other major mine in Berbice, formerly Aroaima Mining Company, is owned by Bauxite Company of Guyana Inc., a subsidiary of Russian-owned Rusal. The government maintains part ownership in both companies: 30% of Omai and 10% of Bauxite Company ...
In keeping with its policy of controlling the important sectors of the country's economy, the Government of Guyana nationalized the assets of DEMBA on 15 July 1971, and replaced it with the Guyana Bauxite Company Limited (GUYBAU). The Bauxite Industry Development Company (BIDCO) was established in 1976, in Georgetown, as the holding Company of ...
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.
Kwakwani is a mining and logging village on the Berbice River in the Upper Demerara-Berbice Region of Guyana. [2] Its altitude is 44 metres (147 feet). Kwakwani is approximately 100 km south of Linden. In 1942, the Berbice Bauxite Company opened a Bauxite Mining in the area which is the main industry of the village. [3]
The divestiture process was largely completed in 2006 with the distribution of certain aluminium construction plants and other non-core assets to companies controlled by RUSAL's beneficial owner. In 2004, Rusal obtained a licence to develop bauxite mines in Guyana and the Bauxite Company of Guyana was subsequently founded. [16]
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.
Bauxite (/ ˈ b ɔː k s aɪ t /) is a ... Guyana, Suriname, and Jamaica above carbonate rocks ... (347 °F) under pressure at National Aluminium Company, Nalconagar ...
Pages in category "Bauxite mining in Guyana" This category contains only the following page. This list may not reflect recent changes. L. Linden, Guyana