Presentation by Hon Jim HOK at PDAC 2013

Report
SURINAME
Opportunities in Mining
Jim Hok
MINISTER OF NATURAL RESOURCES
Republic of Suriname
PDAC, March 3th, Toronto, Canada
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President of the Republic of
Suriname
H.E. Desire Delano Bouterse
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Area
Population
Per Capita Income
Adult Literacy
Language
Political system
163.000 km2
535.000
> US$ 7,100
94%
Dutch, English, +
Democracy, Independence in 1975
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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.
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•No Hurricanes
•No Earthquakes
ICEP International Seminar 27
February 2008
ICEP International Seminar 27
February 2008
Mosque and Synagogue side by side
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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.
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The Bauxite Industry is about 100 years old in Suriname
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Some of the most respected names in the extraction
industries already found their way to Suriname
Gold
Hydro-carbons
Bauxite
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The Oil Sector in Suriname
INVESTMENT OPPORTUNITIES
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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
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Mineral Potential
 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 northeast 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.
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The Greenstone Belt
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).
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Geological Map
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What’s up ?
 Two mineral agreements: - IamGold
- Newmont
 A new mining code
 Mineral Institute
 A new Geological Map of Suriname
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The Oil Sector in Suriname
INVESTMENT OPPORTUNITIES
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