Neha Patil (Editor)

Rosebel Gold Mine

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district
  
Brokopondo district

Production
  
382,000

Closed
  
2032 (estimated)

Opened
  
2004

Country
  
Suriname

Financial year
  
2012

Company
  
Iamgold


Rosebel gold mines doneert 45 000 aan stichting lobi familienieuwstv


The Rosebel Gold Mine is jointly owned by IAMGOLD (95%) and the Government of Suriname (5%).

Contents

The mine is located in the mineral rich Brokopondo District in north eastern Suriname, South America. The Rosebel property lies approximately 85 kilometres south of the capital city of Paramaribo. The mining concession covers 170 square kilometres.

Rosebel Gold Mine IAMGOLD Corporation Operations Operating Mines Rosebel Gold

History

Rosebel Gold Mine Torontobased IAMGOLD upbeat about Suriname gold mining operations

Gold was first discovered in the Rosebel area in 1879 when small scale miners were reported to have been working on the concession. Since its discovery, the land has been both publicly and privately owned and operated. Notable private owners have included Placer Development of Vancouver from 1974-1977, the Grasshopper Aluminum Company from 1979-1985 and Golden Star Resources Ltd. from 1992. In October 2001, Cambior acquired Golden Star's interest in the Rosebel property.

Rosebel Gold Mine IDAS Case Study Rosebel Gold Mine

Commercial production commenced in February 2004. IAMGOLD acquired Rosebel as part of its acquisition of Cambior in late 2006. In 2008 total employment at the mine was 1199 people. The property is accessible via paved and all weather gravel roads from Paramaribo, a drive of about 110 kilometres. There is a small airstrip located onsite approximately 2 kilometres from the mill operations. The Rosebel concession owns this Gross Rosebel Airstrip, which is 1 kilometer long and security personnel are responsible for airstrip maintenance and lighting. Rosebel's power is sourced from the nearby Afobaka Dam and from a diesel generation plant.

Recent News

Rosebel Gold Mine Home Page Terrycomm

In February, 2013 Government officials were outraged over allegations in the Dutch newspaper de Volkskrant that royalties IAMGOLD had paid to Suriname since 2004 were missing. On April 15, 2013 Iamgold and the Government came to a new agreement where the ownership ratio changed from 95/5 to 70/30. In June 2013 IAMGOLD and the government of Surinam signed the agreement extending the lease until 2042. On May 28, 2014 IAMGOLD began installation of what will be the largest solar panel project in Suriname. The project will cost $14 million and will increase power available to the mine.

Production

Recent production figures of the mine were:

Rosebel Gold Mine International Student Conference Suriname 2010

Rosebel Gold Mine Toronto Photography Meetup Group View topic BOOM Mining Earth

Rosebel Gold Mine

References

Rosebel Gold Mine Wikipedia


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