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The Guyana Stock Exchange is operated by the Guyana Association of Securities Companies and Intermediaries Inc. (GASCI) and is regulated by the Guyana Securities Council. Market capitalisation of local stocks in November 2021 stood at 568,639,217,573 GYD (US$2.72 billion). [3]
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 ]
The economy of Guyana is one of the fastest growing economies in the world with a gross domestic product (GDP) growth of 19.9% in 2021. [9] In 2024, Guyana had a per capita gross domestic product (purchasing power parity) of Int$80,137 and an average GDP growth of 4.2% over the previous decade. [4]
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.
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
Lundin Mining (OTC:LUNMF) has completed the sale of its two European mines to Swedish mining conglomerate Boliden AB (OTC:BLIDF) for up to $1.52 billion, dependent on future commodity prices. The ...
Linden is the second largest city in Guyana after Georgetown, and capital of the Upper Demerara-Berbice region, [2] located at , altitude 48 m (160 ft). It was declared a town in 1970, and includes the communities of MacKenzie, Christianburg, and Wismar.
Gold mining at Omai is known from at least the 1880s, and when it was developed as a large scale mine in 1992 by Cambior, the mine was the largest gold mine in the Guiana Shield and a major source of income and employment in Guyana. During the period from 1992 – 2005, Omai produced 3.7 Moz of gold at an average grade of 1.5 g/t Au from the ...