In a bilateral consultation at the President's Office, Zijin Rosebel Gold Mines N.V. outlined its significant contribution to the Surinamese economy since its acquisition by its Chinese parent company. President Jennifer Simons complimented the company on its role in job creation, implementing sustainable capital injections and strengthening social partnerships.
The consultation, held on Monday, Aug. 4, 2025, focused on intensifying cooperation between the government and the gold multinational. During the presentation, general manager Qianjie Wang explained how Rosebel has gone through a transition phase over the past two years, focusing on operational optimization, local stakeholder engagement and targeted capital management. Wang stated that this integrated approach has led to structural profitability.
Since the Chinese acquisition, more than USD 200 million has been invested in both the expansion and modernization phases of the mine infrastructure. This wave of investment not only increased annual metallurgical output, but also extended the estimated life of the mine by approximately 20 years. In doing so, President Simons stressed the importance of balanced growth that combines economic profitability with corporate social responsibility.
The maintenance marks the start of a deepened policy dialogue between the Republic of Suriname and the gold sector. Follow-up work will develop concrete cooperation frameworks to strengthen national value creation and further ensure the sustainability of mining activities.