Georgetown- One of Guyana's ailing industry that once flourished is on the road to recovery with a massive investment set to take place by Bosai Minerals Group Guyana Incorporated (BMGGI). The expansion will see job opportunities for hundreds of people and will include securing an additional area for the mining of ore and the construction of a third kiln. These projects are estimated to cost US$40 million and more than US$57 million respectively, a total of US$100 million.
Natural Resources and Environment Minister Robert Persaud in a statement said as Bosai continues to develop, Region 10, in particular the mining town of Linden, will begin to see the many opportunities that will manifest during and after the company would have pumped an additional US$100 million into developmental activities.
“Most importantly, the community of Region 10, which is the main beneficiary, can continue to look forward to not only the rejuvenation of the industry that Bosai has done, but also an expansion creating hundreds more jobs and other associated services,” Minister Persaud said.
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