Largest mining company, Aroaima Mining Company a subsidary of Aroaima Bauxite Company. Company was formed as a joint venture between the Government of Guyana and Reynolds. Guyana, Cooperative Republic of Guyana, formerly British Guiana, is a country on the north coast of South America is famous for largest producer of bauxite in Latin America. Aroaima bauxite, South African diversified minerals group Billiton – now domiciled in London is the largest producer of bauxite.
Guyana government encouraged foreign investment through joint ventures or outright foreign ownership of Guyanese companies for the sake of common prosperity. The government nationalized Reynolds Guyana Mines Ltd.., a subsidiary of the U.S. company Reynolds Metals. Aroaima bauxite located in west bank of the Berbice River, Guyana