Location: Northeastern Suriname, approx. 98 kilometers southeast of the capital city of Paramaribo; 60 kilometers south of Moengo
Estimated First Five-year
Annual Production: 400,000 to 500,000 (on a 100% basis)
Annual Gold Production: 385,000 attributable ounces
Start of Commercial Production: October 2016
Estimated Mine Life: 12-14 years
Ownership: Limited Partnership Newmont Suriname – 75% interest, managing partner
Development Capital (only): $700M for Development Capital (100%)
Reserves: Gold reserves of approximately 4.2 million ounces (on a 75% basis, as of Dec. 31, 2016)
Mining Type: Open pit
Our Core Values
Safety- We take care of our safety, health and wellness by recognizing, assessing and managing risk, and choosing safer behaviors at work and home to reach our goal of zero harm.
Integrity- We behave ethically and respect each other and the customs, cultures and laws wherever we operate.
Sustainability- We serve as a catalyst for local economic development through transparent and respectful stakeholder engagement and as responsible stewards of the environment.
Inclusion- We create an inclusive environment where employees have the opportunity to contribute, develop and work together to deliver our strategy.
Responsibility- We deliver on our commitments, demonstrate leadership and have the courage to speak up and challenge the status quo.