Australian investors express interest in Guyana

GINA, GUYANA, Tuesday, May 23, 2017

Minister within the Ministry of Natural Resources, Simona Broomes said that Australian investors have expressed interest in investing in Guyana. Minister Broomes recently attended the Latin America Down Under conference which was held from May 17- 19, 2017 in Pan Pacific Perth, Australia.

The Minister highlighted that the meeting was held with investors who expressed interest in the mining industry. She said that during the discussions a number of questions were raised.

Minister Broomes said that when attending overseas training or in this case, a conference, her aim is to garner how Guyanese can benefit from what is being shared. Additionally she noted that information is always being gathered on how best she can improve the services her sector provides.

Minister Broomes made presentations on the areas of Exploration and Syndicates, an area that persons present were impressed with. The Minister said that the progress Guyana has made with syndicates is one that is commendable.

The Minister noted that she would have also paid keen attention and gathered information on safety practices in mining. Additionally, being an advocate for women, Minister Broomes said key information was gathered on how countries view women in mining, an issue that she is very passionate about. A tour of two mining sites was among the itinerary.

With its strong growth trends and growing economic clout, Latin America has risen in recent years to become a vital part of the international economy, with the resources industry a key part of this emergence.

The Australian Government is working to enhance its relations with the nations and the economies of Latin America and a particularly strong partnership is emerging in the mining sector. Latin America is home to large ore bodies, strong mining cultures and governments which offer stable and attractive investment environments, yet it still holds vast, untapped potential.

Following the format of its highly successful African counterpart, Latin America Down Under provides a rare opportunity for governments, companies, suppliers, media and investors to network and share their stories and experiences.

 

By: Gabreila Patram