Newmont to Develop New Merian Gold Mine in Suriname

Jul 29, 2014 ... DENVER --(BUSINESS WIRE)-- Newmont Mining Corporation (NYSE: NEM) will invest in developing the Merian gold mine in Suriname with strong local support for the project and expected all-in sustaining costs of between $750 and $850 per ounce in the first five years. The new mine is expected to begin...

Newmont Mining - South America - Merian - Suriname - Overview

Nov 17, 2014 ... Newmont began operating the project in 2004 and began construction in August 2014. Location Map. The Merian gold mine is located approximately 60 km south of Moengo, Suriname. Newmont Suriname (previously known as Suriname Gold Company) is a fully-owned subsidiary of Newmont that is...

Newmont to spend $900 million to develop Suriname gold mine ...

Jul 29, 2014 ... At the end of the trading day Newmont was up over the past five days 0.51% to $25.54. The 52 week range is $20.78 to $34.27. Production is expected to being in late 2016 pending receipt of the Right of Exploitation from the government of Suriname. According to a company press release, Merian contains...

Newmont Mining to Invest $1-Billion in Merian Gold Mine in Suriname

Jul 30, 2014 ... US-based Newmont Mining (NYSE: NEM) says it will invest up to $1 billion to develop a new gold mine in the South American nation of Suriname. Under the banner of Surgold, the Merian mine will produce an average of 300,000 to 400,000 ounces of gold annually. Higher grade ore and throughput in the...

Merian Gold Mine - Mining Technology

Suriname Gold Company (Surgold), a wholly owned subsidiary of Newmont Mining Corporation, developed the Merian gold mine approximately 66km south of Moengo and 30km north of the Nassau Mountains in Suriname. Suriname's Ministry of Natural Resources granted environmental approval for the gold project in...

Newmont Breaks Ground At $1 Billion Merian Mine In Suriname ...

Jan 6, 2015 ... Last month Newmont Mining (NYSE: NEM) broke ground at their Merian gold project in Suriname. ... While declining gold prices could theoretically make portions of these reserves untenable, the company has stated plans to continue the Merian development even if gold prices fall to $1000 an ounce.

Newmont Mining pours 'first gold' at new South American mine ...

Oct 3, 2016 ... Newmont Mining Corp., one of the world's biggest gold mining companies, said Monday that “first gold” has been poured at its new mine, called the Merian gold mine in Suriname in South America. Greenwood Village-based Newmont (NYSE: NEM) declared the mine to be in commercial production as of...

Fact Sheet – Merian

Fact Sheet – Merian. August 2014. Overview. The Merian Project (the “Project”) is a gold deposit located approximately 66 kilometers (Km) south of the town of Moengo and 30 Km north of the Nassau. Mountains in Suriname. Suriname Gold Company LLC (“Surgold”), which is owned by Newmont Mining Corporation...

Suriname Newmont gold mine opened, seen boosting struggling ...

Nov 17, 2016 ... Suriname President Desi Bouterse and Newmont Mining Corp Chief Executive Gary Goldberg inaugurated the open-pit Merian gold mine on Thursday, ... apparatus, we need to provide the necessary incentives to businesses, local entrepreneurs and potential investors to produce and export new products.

The Merian Project – Suriname Gold Company, LLC

The Merian Project (the “Project”) is a gold deposit located approximately 66 kilometers (Km) south of the town of Moengo and 30 Km north of the Nassau Mountains in Suriname. Suriname Gold Company LLC (“Surgold”), which is owned by Newmont Mining Corporation (“Newmont”), owns and operates the Project. In July...

Fitch: Gold mine could be positive for Suriname's sovereign credit ...

Jun 14, 2017 ... Newmont Mining Corporation's development of the Merian gold mine could be positive for Suriname. ... Fitch forecasts that real GDP growth could rise to 4.2% in 2015 from our forecast 3.7% in 2014, driven by new mining investment. A sustained decline in commodity prices and implementation delays are...

FPIC Expert Advisory Panel Report on Merian Released – Press ...

Jul 31, 2017 ... With a focus on practical implementation, Newmont offered its experience at the Merian Mine in Suriname as an opportunity to gain new insights, identify lessons, and improve practices that could be shared with companies around the globe. In 2016 Newmont commissioned RESOLVE – an independent...

Newmont-Beyond-The-Mine-Sustainability-Report-2... - UN Global ...

We self-funded construction of two new mines – Merian in. Suriname and Long Canyon in the United States – creating a foothold in prospective new gold districts. Both projects were built safely and benefited from strong stakeholder engagement and support. We also advanced profitable expansions in the United States and...

Newmont Suriname, LLC - 88 Photos - 13 Reviews - Mining ...

Newmont Suriname (previously known as Suriname Gold Company) is a fully-owned subsidiary of Newmont that is operated. ... Newmont Suriname/Merian Mine has reached another major milestone by being certified in full compliance with the International Cyanide Management Code (Cyanide Code) on Friday, February...

Newmont Brings Merian Into Production - GuruFocus.com

Oct 4, 2016 ... As expected, Newmont Mining (NYSE:NEM) brings one of its gold projects, the Merian Gold project into production. ... Newmont's portfolio of assets further by adding “more than a decade of profitable production and creating a foothold in a prospective new gold district,” said Newmont CEO Gary Goldberg.

Sam Anderson - New Gen Gold

He has worked for Newmont Mining for 13 years at mine sites and projects in the United States, Suriname, and Haiti, with responsibilities ranging from ore control and production to greenfields exploration. Sam has been involved in the discovery of the Saramacca gold deposit and the development of the Merian Mine, both...

Newmont | Republic of Mining

Newmont Mining Corp. and Barrick Gold North America continue to pour hundreds of millions of dollars of development capital into surface and underground .... MERIAN MINE, SURINAME – Suriname President Desi Bouterse and Newmont Mining Corp Chief Executive Gary Goldberg inaugurated the open-pit Merian gold...

Gold deposits of Suriname: geological context, production and ...

Nov 3, 2016 ... Since the beginning of the 1990s a new gold rush has developed, involving intensive, often illegal artisanal mining of lateritic and alluvial deposits in ... is planning to open a second large open pit by the end of 2016 in the Merian area north of the Nassau Mountains (Newmont Mining Corporation, 2014).

EX-10.2 - SEC.gov

SURINAME GOLD COMPANY LLC., a corporation organized and existing under the laws of the State of Delaware, United States of America, with its principal offices in .... (c), procedures for Development, Mining, and Production of ore from the Merian Gold Project and a detailed timetable for the planned Development and...

3 Insights Newmont Mining's Management Is Sharing About Its ...

Sep 19, 2016 ... While Newmont is bidding farewell to operations in Indonesia, it will soon be welcoming gold production at two new mines: Merian and Long Canyon. ... With numerous projects in varying stages of development, Newmont has its sights set on projects as far as 10 years away from actual gold production.

EX-10.2 - SEC.gov

(c), procedures for Development, Mining, and Production of ore from the Merian Gold Project and a detailed timetable for the planned Development and Operations; ..... (a), Surgold shall have the right to apply for new Rights of Exploration partially or wholly within the Area of Interest, and the Republic of Suriname shall...

4 Top Gold Stocks Set to Thrive on Dollar Weakness and Global ...

Jul 21, 2017 ... The company announced earlier this year that “first gold” has been poured at its new mine, called the Merian gold mine in Suriname in South America. Newmont reported Merian contains gold reserves of 5.1 million ounces and that annual production is expected to average between 400,000 and 500,000...

"CHEEC"-Latest news from Suriname, the Caribbean and ...

Caribbean Heavy Equipment Educational center Latest News. ... (TSX: IMG, NYSE: IAG) signed a deal Thursday with the Suriname government to expand its Rosebel gold mine and extend their partnership to develop it until 2042, Rosebel is one of ... (NYSE: NEW) to develop the Merian gold project in the country. Source:...

Newmont Mining - The Voluntary Principles on Security and Human ...

Newmont Nusa Tenggara (PTNNT), which operates the Batu Hijau copper and gold mine in. Indonesia, to PT Amman Mineral ... and develop new ones within the Peru. 3. Ronda Campesina are .... The Merian Project security team in Suriname continued to implement initial VPSHR training for employees, private contract...

Newmont Mining Corporation - Corporate Social Responsibility ...

Newmont Mining Corporation corporate social responsibility news, reports and events on CSRwire.com. ... States, Australia, Ghana, Peru and Suriname. Newmont is the only gold producer listed in the S&P 500 Index and was named the mining industry leader by the Dow Jones Sustainability World Index in 2015 and 2016.

Newmont moves forward with Ahafo expansion - The Northern Miner

May 24, 2017 ... Drilling at Newmont Mining's Ahafo project in the Yamfo-Sefwi gold belt of southwestern Ghana. ... He also pointed out that Newmont's recent success developing its Merian mine in Suriname (20% under budget for US$700 million) and its Long Canyon mine in Nevada (US$50 million under budget and two...

08 10 2016 Newmont mijn in produktie - YouTube

Oct 9, 2016 ... GOMIAM Small-scale gold mining in the Amazon 511 views · 1:40. Goede vooruitzichten IAMGOLD - Duration: 6:52. suvideoo 4,241 views · 6:52 · 16 02 2018 Politie berichten - Duration: 3:41. ATV-Networks Suriname 17 views. New · 3:41. Outdoor Nevada | Newmont Mining - Duration: 3:56. Vegas PBS...

IGF Mining Policy Framework Assessment: Suriname - International ...

2014 The International Institute for Sustainable Development. IGF MINING POLICY. FRAMEWORK. ASSESSMENT. Suriname. May 2017 .... multistakeholder commission to revise this draft in June 2016, and the new draft will be ... Resources, is charged with overseeing the small-scale gold mining sector, and although its.

Denver Gold Forum 2014 Newmont Mining Corporation - SlideShare

Sep 16, 2014 ... South America - moving ahead in Suriname with Merian Carlin welding shop, Nevada Newmont Mining Corporation Slide 16 September 16, 2014 •Expect .... Capital expenditures to develop new operations, or related to projects at existing operations where these projects will enhance gold production or...

Newmont pours first gold from Long Canyon | Mining | elkodaily.com

Nov 12, 2016 ... ELKO — Newmont Mining Corp. poured its first gold from Long Canyon ore this week and expects to declare commercial production next week. ... Long Canyon is one of four profitable operations Newmont has added to its portfolio in the last three years, including Merian in Suriname in October 2016,...

Newmont pours first gold from Long Canyon | Mining | elkodaily.com

Nov 12, 2016 ... ELKO — Newmont Mining Corp. poured its first gold from Long Canyon ore this week and expects to declare commercial production next week. ... Long Canyon is one of four profitable operations Newmont has added to its portfolio in the last three years, including Merian in Suriname in October 2016,...

Economy of Suriname - Wikipedia

There is one large scale gold mine operating in Suriname. 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...

Wilfred Visser - Director of Business Improvement - Newmont Mining ...

Responsible for Business Improvement programs in the South America region, aiming to maximize efficiency and productivity at Yanacocha in Peru and Merian in Suriname. Leading the continuous improvement programs for incremental change and driving evaluation and implementation of structural improvement...

Mine Technical Services - Projects

Mine Technical Services team members have extensive project development and mine operations experience and have consulted on projects around the world. Selected examples are listed ... Merian, Newmont, Suriname, Competent Person's Report assistance for operating gold mine in Suriname. All properties, B2Gold...

Mining Journal - Merian Now Commercial

Gold major declares commercial production at low-cost mine. ... Newmont Mining Corporation has declared commercial production at its low-cost Merian mine in Suriname, completing the project on time and well below budget. ... New gold mine built and in production well under Newmont's budgeted US$900 million capex.

Report: Columbus Gold - We still think Nordgold wants to own 100 ...

Sep 21, 2016 ... ... with Suriname where several large gold deposits have been discovered, and where IAMgold (IMG.TO, IAG) is mining the Rosebel gold mine and Newmont Mining (NEM, NEM.TO) is about to open its Merian mine. Newmont spent approximately $1B on Merian, which will produce 400,000-500,000 ounces...

Newmont Mining Reports Progress on Key Projects, Expects Up to ...

Jul 22, 2016 ... Newmont Mining Corporation (NYSE:NEM) (Denver, Colorado) is proceeding on schedule with several key projects, with the gold and copper ... The Merian (Suriname), Long Canyon (Nevada), Cripple Creek & Victor (Colorado) and Tanami (Australia) projects are progressing on schedule and are at or...

Newmont Mining Corporation 2011 Investor Day New York, NY

Apr 7, 2011 ... Newmont Mining Corporation | Annual Investor Day Meeting, New York City | www.newmont.com. April 7, 2011. 12. Africa. • Akyem. • Subika Expansion. • Ahafo Expansion. • Nimba. S. America. • Conga. • Merian, Suriname. • Yanacocha Expansions. • Cerro Quilish. Asia Pacific. • Australian Expansions.

FPIC Solutions Dialogue - Solutions Network

Apr 19, 2017 ... planning cycles are long and complex, and operations can take decades to develop, FPIC can be incorporated and ... be established, improved, and reinforced; new agreements can be made. ... The Dialogue has also followed developments at the Newmont Suriname Merian gold mine, where. Newmont...

Why Newmont's Production Could Pull Back Slightly in 2018 ...

Dec 20, 2017 ... Since 2012, the company has built three new mines—Akyem in Ghana, Merian in Suriname, and Long Canyon in Nevada. This has not only ... If this lower-to-flat production is accompanied by flat-to-weaker gold prices, Newmont Mining's revenues could come under pressure in 2018. In the long term,...

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