The mineral industry of Suriname makes up a large proportion of the country's economy. [1] In 1916, the Aluminium Company of America began mining bauxite in the then Dutch colony of Surinam which over time became Suriname's main export. [2]
Gold and petroleum contributed to nearly 67% of the country’s total exports in 2017. The mining industry accounts for about 85% of exports and 25% of government revenues. [3] Gold mining is controversial due to the impact of Indigenous people. [4]
There is one large scale gold mine operating in Suriname. [5] This is the Rosebel Gold Mine. Development of a second large scale mine called the Merian Gold Project was approved by the government of Suriname on June 7, 2013. This mining project would be a partnership of Newmont Mining Corporation and Alcoa World Alumina and Chemicals. Merian is about 60 kilometres (40 mi) south of the town of Moengo on the Marowijne River. [6] [7] The government estimates there are another 20,000 small scale operators. Only 115 of these were registered by the government in 2009. The government calls these people porknokkers. [8] Because of unemployment in Suriname, some local people turn to small, illegal gold mining as their source of incomes. Gold mining has caused environmental damages in the country.
Commission for the Ordering of the Gold Mining Sector (OGS) was established by the government in 2010. [9] [10] OGS is leading the reform effort to develop sustainable and environmentally responsible gold mining practices and transform informal small-scale gold mining into a viable sub-sector of the mining and national economy of Suriname. [11]
Suriname does not produce chemical mercury and only allows mercury imports with a license. Since the 1990s these licenses were not issued anymore. Moreover, all licenses are used for mercury imports for medical use or research. Therefore, trade and import in mercury is illegal. [12] Mercury is used in the small-scale gold mining because smuggling made mercury available. However people who are caught with mercury in their possession will be judged and/or fined. [13] [14] [15] [16]
On April 13, 2013, the government reached an agreement with multinational IAMGOLD to increase investment in Suriname. [17] [18]
On March 1, 2013, Kaloti Mint House Suriname laid its funding stone and is expected to start its refinery production by the first quarter of 2014. [19] Kaloti Mint House will be instrumental in producing "clean gold" in Suriname. [20] Kaloti Mint House have been awarded the ISO 9001:2000 certification for gold and bullion manufacturing and ISO 14001 Environmental Certification. The company is presently applying for ISO 14025 for the Assaying of Gold and Silver. Kaloti will focus on melting and producing gold bars to international standards (999.9 purity) for local and international markets. [21]
In October 2013, the United Nations wanted to adopt the Minamata Treaty to ban the user of mercury altogether in Suriname. [22] [23]
The Government of Suriname initiated a training unit within the Ordening Goudsector called the School of Mining. [11] This training unit consists of 14 teachers. The teacher's training started February 2013 and is aimed at preparing them for the fieldwork. The duties of the teachers will be to provide hands-on training on the goldfields to small-scale gold miners. The teachers begin with prospecting and showing the small-scale miners more efficient ways to mine in their areas. Along the way they promote mercury free production methods. The Management of Ordening Goudsector hypothesizes that showing small-scale gold miners the benefits of new production methods will be the incentive itself to start the training programs. [16]
The Ministry of Finance initiated a credit fund in March 2013 for small and medium scale entrepreneurs. Small-scale miners can become formally verified entrepreneurs as the piece of land will be viewed as a formal "title" by financial institutes. This means the miners will be eligible for credits and thus can acquire credit to upscale their production. A first amount of 35 million SRD (US$10.69 million, as of Monday, Apr 8, 2013, 04:15 PM GMT) is available for credit through the Central Bank. [24]
The Mining Law says that one can only mine with a license from the Government. Ordening Goudsector regulates the concessionaires, how many machine owners there are and what the movements of small-scale miners are. [25] New mining areas are still being issued. However it is important to note that data show that the interesting area to mine, especially for the small-scale miners who look for alluvial gold, is the Greenstone belt. The greenstone runs from Guyana, through Suriname, into French Guiana. This greenstone belt, however, only counts for 15% of the Surinamese surface. At the moment almost all areas in this belt are already given out in concessions.
Illegal mining is a large problem in Suriname. [26]
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material.
Gold mining is the extraction of gold resources by mining. Historically, mining gold from alluvial deposits used manual separation processes, such as gold panning. However, with the expansion of gold mining to ores that are not on the surface, has led to more complex extraction processes such as pit mining and gold cyanidation. In the 20th and 21st centuries, most volume of mining was done by large corporations, however the value of gold has led to millions of small, artisanal miners in many parts of the Global South.
Galamsey, derived from the phrase "gather them and sell", is a local Ghanaian parlance that means illegal small-scale, gold mining in Ghana. Such workers are known as galamseyers or orpailleurs in neighboring Francophone nations. Galamseyers are people who perform illegal gold mining independent of mining companies, digging small working pits, tunnels, and sluices by hand. Galamsey is also referred to as Illegal Artisanal Small Scale mining (ASM).
Benzdorp is a village in the Sipaliwini District of Suriname. It is named after the English consul and bullion dealer H.J.W. Benz.
The Mining industry of Ghana accounts for 5% of the country's GDP and minerals make up 37% of total exports, of which gold contributes over 90% of the total mineral exports. Thus, the main focus of Ghana's mining and minerals development industry remains focused on gold. Ghana is Africa's largest gold producer, producing 80.5 t in 2008. Ghana is also a major producer of bauxite, manganese and diamonds. Ghana has 20 large-scale mining companies producing gold, diamonds, bauxite and manganese, and, there are also over 300 registered small scale mining groups and 90 mine support service companies.
Gold Mining often plays a significant role in Burkina Faso’s economy. Burkina Faso has become Africa's 4th biggest producer of gold in 2012. Production of mineral commodities is limited to cement, dolomite, gold, granite, marble, phosphate rock, pumice, other volcanic materials, and salt.
Iamgold Corporation is a Canadian company that owns and operates gold mines in Burkina Faso, Suriname and Canada. Headquartered in Toronto, the company was incorporated in 1990, and went public on the Toronto Stock Exchange in 1996, with additional shares being listed on the New York Stock Exchange beginning in 2005. The company formerly owned or had stakes in the Sadiola and Yatela gold mines in Mali, the Mupane gold mine in Botswana, the Niobec niobium mine in Quebec, as well as a royalty in the Diavik Diamond Mine.
Golden Star Resources Ltd was a Canadian company that owned and operated the Wassa gold mine in Ghana. The company formerly owned and operated the Bogoso-Prestea gold mine, also in Ghana, from 1999 to 2020. Headquartered in London, but with a registered office in Toronto, it was a public company with shares listed on the Toronto Stock Exchange and cross-listed on the NYSE American and Ghana Stock Exchange. In 2022 the company was acquired by Shanghai Stock Exchange-listed Chifeng Jilong Gold Mining. Golden Star Resources was founded in 1984 by geologist Roger Morton and former football player Dave Fennell to pursue mineral interest in Guyana and formed a joint venture with Cambior to develop the Omai Mine. They changed their focus in 1999 to pursue owning and operating its own gold mines in Ghana.
The Société d'Exploitation des Mines d'Or de Sadiola S.A (SEMOS) project is an open-pit gold mine situated near Sadiola, in the Kayes Region of Mali. The operation was jointly owned by AngloGold Ashanti and IAMGOLD, who each had an effective holding of 41%, while the Government of Mali owned the remaining 18%. The International Finance Corporation originally held 6% of the mine put sold this share equally to AGA and IAMGOLD in December 2009.
The Yatela Mine is an open-pit gold mine situated near Yatela, 25 km north of Sadiola, in the Kayes Region of Mali. It is a single-pit operation. Commencing operation in 2001, heap leaching together with carbon-loading is carried out at a rate of approximately 2.9 million tonnes per year. The final step of eluting carbon and smelting the gold in the gold recovery process is completed at the Sadiola Gold Mine.
An artisanal miner or small-scale miner (ASM) is a subsistence miner who is not officially employed by a mining company, but works independently, mining minerals using their own resources, usually by hand.
Sandstorm Gold Ltd. is a Canadian company that provides funding to mining companies in exchange for royalties, principally in the form of net smelter returns and streams. The company focuses on precious metals but did spin off Sandstorm Metals & Energy Ltd. in 2010 as a separate TSX Venture Exchange-listed company to make volumetric production payment transactions in the base metal and fossil fuel sectors, then bought it back in 2014. Sandstorm Gold graduated from the TSX Venture Exchange to the Toronto Stock Exchange and began listing shares on the New York Stock Exchange in 2012.
The Minamata Convention on Mercury is an international treaty designed to protect human health and the environment from anthropogenic emissions and releases of mercury and mercury compounds. The convention was a result of three years of meeting and negotiating, after which the text of the convention was approved by delegates representing close to 140 countries on 19 January 2013 in Geneva and adopted and signed later that year on 10 October 2013 at a diplomatic conference held in Kumamoto, Japan. The convention is named after the Japanese city Minamata. This naming is of symbolic importance as the city went through a devastating incident of mercury poisoning. It is expected that over the next few decades, this international agreement will enhance the reduction of mercury pollution from the targeted activities responsible for the major release of mercury to the immediate environment.
The Rosebel gold mine is jointly owned by Iamgold (95%) and the government of Suriname (5%).
Brownsberg Nature Park is a nature park located in Suriname. The site measures 12,000 ha and is located in the district of Brokopondo around 130 km south from the capital city Paramaribo. The 500 meter high Brownsberg is the central point of the park. The site is located near the Brokopondo Reservoir. The park is managed by STINASU. Often the people of Suriname use the word Brownsberg as simple variant of Brownsberg Nature Park. Local people also write it as Bruijnsberg, pronounced as Braynsberg.
Tanzania is a land rich in minerals. Mining makes up more than 50% of the country's total exports, of which a large part comes from gold. The country has gold reserves of 10 million ounces, generating revenue of over a billion USD. Diamonds are also found in significant amounts. Since it was opened in 1940, the Williamson diamond mine has produced 19 million carats (3,800 kg) of diamonds. Gemstones, nickel, copper, uranium, kaolin, titanium, cobalt and platinum are also mined in Tanzania. Illegal mining and corruption are ongoing problems. In 2017, the government passed a series of bills aimed at increasing revenue from minerals after a scandal which caused the dismissal of the Minister for Energy and Minerals.
The mining industry of Senegal is mainly centred on the production of phosphates and industrial limestone. Senegal is one of the leading producers of phosphates in the world, accounting for about 6% of exports in 2006, and deposits are of a particularly high quality. In the coastal region of the country, titanium-bearing minerals have been found and the reserve is estimated at 10 million tons. The mineral sector's exports accounts for 20% of total exports of the country and constitutes 20% of the GDP.
Mining in Guyana is a significant contributor to the economy owing to sizable reserves of bauxite, gold, and diamonds. Much of these resources are found in Guyana's Hilly Sand and Clay belt, a region that makes up 20% of the country.
Isseneru is an Amerindian settlement in the Cuyuni-Mazaruni region of Guyana, approximately 15–20 miles west of Kurupung.
Nieuw-Koffiekamp is a village in the resort of Brownsweg in the Brokopondo District of Suriname. It is a transmigration village built for the inhabitants of Koffiekamp which was flooded by the Brokopondo Reservoir after the construction of the Afobaka Dam.
