New­mont Su­ri­na­me of­fi­ci­al­ly open

Times of Suriname - - ENGELS -

Gold pro­duc­ti­on has of­fi­ci­al­ly star­ted at New­mont Su­ri­na­me. Pre­si­dent De­si Bou­ter­se and Ga­ry Gold­berg, pre­si­dent and Chief Exe­cu­ti­ve Of­fi­cer at New­mont Mi­ning Cor­po­ra­ti­on, on Thurs­day ga­ve the ce­re­mo­ni­al star­ting sig­nal for the pro­duc­ti­on of gold at the big­gest gold mi­ne in Su­ri­na­me. The mi­ne cost about $900 mil­li­on which is re­por­ted­ly $150 mil­li­on less that had ini­ti­al­ly been pro­jec­ted. Su­ri­na­me has a 25% sta­ke in the gold mi­ne via the Sta­te Oil Com­pa­ny (Staats­olie). The­re we­re ma­ny cul­tu­ral per­for­man­ces at the ope­ning ce­re­mo­ny. Pre­si­dent De­si Bou­ter­se as­su­red that the in­co­me which Su­ri­na­me will haul in via its sha­res in the com­pa­ny will be used to di­ver­si­fy the na­ti­on’s eco­no­my. He then men­ti­o­ned the agra­ri­an sec­tor, the in­for­ma­ti­on, com­mu­ni­ca­ti­on and tech­no­lo­gy (ICT) sec­tor and the tou­rism sec­tor. “Su­ri­na­me is at a cross­road. Af­ter 40 ye­ars of in­de­pen­den­ce this young re­pu­blic has fi­nal­ly re­a­ched adult­hood when it co­mes to ma­na­ging its na­tu­ral re­sour­ces.” The gold mi­ne is lo­ca­ted in the jun­gle of the Pa­ram­ac­can re­gi­on at Me­ri­an and 66 ki­lo­me­ters south of Moen­go. It will re­por­ted­ly pro­du­ce at least 1,000 ki­lo­grams of gold per month for the next fi­ve ye­ars. The­re are about 1,100 per­ma­nent wor­kers in the new gold mi­ne and 214 of them are mem­bers of the lo­cal Pa­ram­ac­can com­mu­ni­ty. The lo­cal tri­bal com­mu­ni­ty will al­so be­ne­fit via 20 de­li­ve­ry com­pa­nies that sup­ply pro­ducts to the gold mi­ne. Re­ports in­di­ca­te that na­ti­on­wi­de 400 sup­ply com­pa­nies hel­ped to get the com­pa­ny up-and-run­ning. Tho­se com­pa­nies ear­ned about $300 mil­li­on in to­tal du­ring the star­ting pha­se of the mi­ne. “This coun­try is bles­sed by God,” said Ga­ry Gold­berg on Thurs­day. The gold mi­ne has a li­fe ex­pec­tan­cy of at least 14 ye­ars but Gold­berg ho­pes that the com­pa­ny will remain ope­ra­ti­o­nal in Su­ri­na­me for a lon­ger pe­ri­od via ex­plo­ra­ti­on in the area of in­te­rest.

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