Mining Industry Of Suriname
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Mining Industry Of Suriname
The mineral industry of Suriname makes up a large proportion of the country's Economy of Suriname, economy. In 1916, the Alcoa, Aluminium Company of America began mining bauxite in the then Surinam (Dutch colony), Dutch colony of Surinam which over time became Suriname's main export. 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. Gold mining is controversial due to the impact of Indigenous peoples of the Americas, Indigenous people. Gold mining 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 Alumina and Chemicals. Merian is about south of the town of Moengo, Suriname, Moengo on the Maroni (river ...
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