Guyana gives green light to First Bauxite for mining licence extension

By Liz Gyekye
Published: Wednesday, 09 December 2015

The Canada-based company is setting the wheels in motion for its Bonasika ceramic proppant project in Guyana, as it receives news from the Latin American government that it has approved a mining licence extension for the development.

TSX-V-listed First Bauxite Corp. has been given a two-year extension on the construction starting date for its proposed Bonasika ceramic proppant project, based in north Guyana, by the country’s government.

The date will now be extended from 31 January 2016 to 31 January 2018. A further extension to 31 January...

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