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SURINAME Opportunities in Mining . Jim Hok MINISTER OF NATURAL RESOURCES Republic of Suriname PDAC, March 3 th , Toronto, Canada. President of the Republic of Suriname H.E. Desire Delano Bouterse. Area 163.000 km 2 Population 535.000 Per Capita Income > US $ 7,100
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SURINAME Opportunities in Mining Jim Hok MINISTER OF NATURAL RESOURCES Republic of Suriname PDAC, March 3th, Toronto, Canada
President of the Republic of SurinameH.E. Desire Delano Bouterse
Area 163.000 km2 • Population 535.000 • Per Capita Income > US$ 7,100 • Adult Literacy 94% • Language Dutch, English, + • Political system Democracy, Independence in 1975
Rich Natural Resources • Annual influx of 200.000 tourist from North America, South America, the Caribbean and Europe. • The country is covered for 90% with forest and therefore very suitable for ecotourism. • One of the largest nature reserves of the world with an acreage of 16.000 km2.
No Hurricanes • No Earthquakes ICEP International Seminar 27 February 2008
Aluminum, Gold and Oil are the main sources of national income. Alumina, gold and oil account for 94% of export receipts and 40% of GDP.
Some of the most respected names in the extraction industries already found their way to Suriname Gold Hydro-carbons Bauxite
The Oil Sector in Suriname INVESTMENT OPPORTUNITIES
Offshore Suriname Extension of Continental Shelf with ± 82,000km². No objection statement of the UN received. • Discovery 09/2011: Zaedyus well: • Consortium Tullow Oil/Total/Shell • Net Pay 72 m • Water depth 2,000 m • Well depth: approx 5,000 m
The metallogenic map of Suriname shows various occurrences of minerals. • Of major economic importance is the greenstone belt for primary gold and other deposits. • The main metal bearing pegmatite bodies are found in north-east Suriname. Cassiterite, columbite-tantalite, beryl and amblygonite have been mined. • Other base metal occurrences such as: Fe, Al, Au, Cu, Fe, Mn, Cr and other minerals. Mineral Potential
Suriname's gold deposits are part of the Guiana Shield, a geological formation Greenstone extending over 415,000 km2 of Venezuela, the Guianas, and Brazil. In Suriname, the Greenstone belt covers 24,000 km2 in the east of the country (Figure left). The Greenstone Belt
Two mineral agreements: - IamGold • - Newmont • A new mining code • Mineral Institute • A new Geological Map of Suriname What’s up ?
The Oil Sector in Suriname INVESTMENT OPPORTUNITIES