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Suriname

Suriname is a country on the north-eastern coast of South America, bordered by French Guiana to the east, Guyana to the west, Brazil to the south and the Atlantic Ocean to the north. The capital and largest city is Paramaribo. With a population of about 600 000, Suriname is one of the least densely populated countries in the region. The economy is heavily dependent on mining, particularly bauxite and gold, as well as oil production. The currency is the Surinamese dollar. Suriname is a constitutional democracy and a member of the Caribbean Community (Caricom), the Union of South American Nations and the Organisation of Islamic Cooperation. The country has significant natural resources, including substantial bauxite reserves, gold deposits and offshore oil and gas fields operated by state-owned Staatsolie Maatschappij Suriname and international partners. Gold mining has expanded considerably in recent decades, with operations such as Merian and exploration activity in the interior greenstone belts. The official language is Dutch, a legacy of Dutch colonial rule that ended with independence in 1975. Suriname's economy remains vulnerable to commodity price fluctuations, and the government has pursued policies to diversify revenue sources and attract foreign investment in the extractive and energy sectors.

Suriname News


A map indicating the location of the Sela Creek and Nassau gold projects
La Mancha Resources Fund to acquire 19.9% stake in Miata Metals
30th July 2026 By: Creamer Media Reporter

La Mancha Resource Fund, a Luxembourg-based deep value fund focused on investments in the precious and energy transition metals space, plans to acquire a 19.9% shareholdings in Canadian mineral... 


Petronas signage
Petronas reports new major gas find at Suriname offshore block
24th June 2026 By: Reuters

Malaysia's State-controlled energy producer Petronas has made another gas discovery at offshore Block 52 in Suriname, the South American country's President Jennifer Simons said on Tuesday, while a... 


Newmont president and CEO Natascha Viljoen
Newmont boasts record $3.1bn quarterly free cash flow
24th April 2026 By: Marleny Arnoldi

NYSE- and ASX-listed Newmont Corporation has reported record quarterly earnings and free cash flow in the three months ended March 31. The group produced 1.3-million attributable gold ounces and... 


Greenheart Gold's Tosso Creek project area, in Suriname
British investment service increases stake in Greenheart to 19.9%
17th April 2026 By: Marleny Arnoldi

England-based La Mancha Resource Capital, which manages the La Mancha Resource Fund, has announced it will increase its shareholding in TSX-V-listed Greenheart Gold from about 4.6% to 19.9%. The... 


Legislative Reform and Community Engagement: Keys to the Lock on South African Oil and Gas Exploration
Legislative Reform and Community Engagement: Keys to the Lock on South African Oil and Gas Exploration
3rd November 2025

The waters off South Africa’s west coast represent a veritable treasure trove of economic opportunity for the country, considering that its majority share of the Orange Basin — the geological... 


The midnight sun at the Kevitsa mine in Finland.
Finland regains top spot in global mining investment rankings, Ethiopia ranks last
15th August 2025 By: Mariaan Webb

Finland has reclaimed the top spot as the world’s most attractive jurisdiction for mining investment, climbing 16 places to lead the Fraser Institute’s 2025 Annual Survey of Mining Companies. The... 


Newmont CFO resigns, insider named interim finance chief
15th July 2025 By: Reuters

Gold miner Newmont said on Monday its CFO Karyn Ovelmen has resigned and named insider Peter Wexler as interim CFO until a permanent successor is selected. Wexler previously served as chief legal... 


Newmont to fire at least 10% of staff at Suriname's Merian mine
Newmont to fire at least 10% of staff at Suriname's Merian mine
7th July 2025 By: Reuters

Newmont, the world's largest listed gold miner, announced on Friday that it would lay off 10% to 15% of its workforce at its Merian mine in Suriname, citing production declines. "Since 2021, gold... 


Peak Minerals changes name to Sranan Gold
7th April 2025 By: Creamer Media Reporter

Vancouver-based exploration company Peak Minerals has changed its name to Sranan Gold to reflect its focus on its activities in Suriname. CEO Oscar Louzada says Sranan means Suriname in the local... 


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pqt: 0.057s - ct: 0.101s - 189pq - 2rq
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