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 operated on behalf of Suriname Gold Project CV, a Suriname limited partnership. Construction of Merian commenced in August 2014, and commercial production was achieved on October 1, 2016, on schedule and US$150 million under budget.
Newmont began operating the project in 2004 and began construction in August 2014.
In order to comply with industry best practices and international standards, an Environmental and Social Impact Assessment (ESIA) was undertaken by an independent, international, environmental consultancy, Environmental Resources Management.
An ESIA is a study used to understand how the project’s proposed activities will change the environment and affect the people living and working in the area. The ESIA identified and assessed the impacts associated with the planned gold mine and developed measures to be put in place to avoid or reduce negative impacts and maximize benefits.
In order for Surgold to obtain a right to mine, the Government of Suriname must approve Surgold’s feasibility study and the Environmental and Social Impact Assessment (ESIA).The full ESIA can be accessed in the documents section.