Precious Metals
Posted By OrePulse
Published: 07 Jul, 2025 08:46
Newmont to fire at least 10% of staff at Suriname's Merian mine
"Since 2021, gold production at Merian has declined 48% while operating costs have fallen by 50%, challenges that have put pressure on the long-term sustainability of operation," Newmont said in a press release.
According to the company, some 1 550 people currently work at the Merian site.
Related Articles
Trending News
Base Metals
Glencore expects DRC cobalt exports to normalise in line with 2026 quotas...
30 Apr, 2026 13:43
151 min read
Distribution
Morocco starts first fundraising for $25bn gas pipeline...
30 Apr, 2026 12:54
169 min read
Logistic Other
UAE’s transport, supply chain system continues to operate efficiently, steadily...
30 Apr, 2026 12:29
167 min read
Generation
Engie and Pele’s solar project electrifies South Africa...
30 Apr, 2026 12:23
178 min read