Latest update April 11th, 2025 9:20 AM
Mar 22, 2017 News
-over 300 workers for employment
Plans to resuscitate manganese mining in Region One are well on track with production
set to start next year.
The Matthews Ridge operations will employ up to 400 persons when it gets into full production mode, the Ministry of Natural Resources said yesterday.
This was the assurance given after a recent meeting between the Board of Directors of Bosai Minerals Group and Government to update on plans to advance the manganese project in Matthews Ridge.
Members of the Board including Steven Ma; Assistant General Manager and Manager of Overseas Business Department; George Zhao, Deputy Manager of Overseas Business Department; Eric Yu, General Manager, Bosai Minerals Group (Guyana) Inc. and Major General Retd. Norman McLean, Company Secretary, were among the team that met with Minister of Natural Resources, Raphael Trotman, and Minister of Public Infrastructure.
During the meeting, the ministry said, representatives from Bosai Minerals Group discussed a number of matters related to the start of the project.
“These works include the rehabilitation of the road leading to the mine, wharf facilities and power generation. Bosai’s executives also shared that preparatory works have commenced and will continue in 2017 with mining expected to begin in 2018. The company also expects to employ approximately 1,200 workers during the peak of construction and then stabilize at 300 to 400 during normal operations.”
The mine itself is expected to last between 15 to 35 years and it is expected that with the commencement of the mining operation, neighbouring communities will benefit from vertical and horizontal integration through the project.
Once production begins, the company intends to ship 350,000 tonnes of manganese per year.
“Minister Trotman took the opportunity to express Government’s full support and cooperation to have the project fully operational and to reiterate the requirements that respect for local laws and local participation were expected,” the ministry quoted him as saying.
The update was preceded by the transfer of four prospecting licenses from Reunion Gold to Bosai Minerals Group in 2016 followed by Minister Trotman giving his consent to an agreement reached between the two parties on January 25, 2017.
The investment by Bosai Minerals Group into the manganese operation is estimated to be around US$400 million.
“The Ministry of Natural Resources and the Guyana Geology and Mines Commission (GGMC) commit to supporting Bosai’s manganese exploration and extraction activities and likewise expects it to conduct its operations in a manner that is respectful to the rights of workers, to the country’s laws and to the environment,” the ministry also said yesterday.
Bosai is a Chinese company that also has bauxite mining operations in Linden, Region 10.
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