"Guyana now is like the UAE 30 or 40 years ago. We have a lot of minerals and a lot of natural wealth but we are not yet using it," said George Hallaq,the minister of state and the personal representative of the Guyanese president, Donald Ramotar. He was visiting the GCC to meet officials and potential investors.

The country has an estimated 900 million tonnes of bauxite, the world's eighth-largest known reserves of the mineral from which aluminium is made. It also has deposits of gold, diamonds, other precious stones and phosphates. Canadian firms already mine gold and bauxite in the country. Several oil majors are also exploring for oil off the coast.In an effort to raise its … It also has deposits of gold, diamonds, other precious …

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