SurinameMore information for you to browse at your convenience.
This is interesting, a 2008 interview with Greg Rusland (Suriname Minister of Natural Resources
https://www.winne.com/dninterview.php?intervid=2221
A number of interesting things mentioned in there
1) The gov is restructuring its policy (this usually creates delays with things like issuing concessions)
2) Mention of Grassalco in reference to Mr. Rusland's portfolio (this is Canarc's JV partner, if you weren't aware.)
3)
Quote:
"Then we have the gold sector, which is becoming very important in Suriname. We are producing at least 300 ounces gold per year, which is very good for the Surinamese economy."
Indeed... this is quite interesting:
"I think that in the future we will have another goldmine in the eastern part of Suriname, which will be a significant mine in Surinamese terms."
Call me a speculator, but Benzdorp is in eastern Suriname... Also, "In Suranamese terms." is an important comparison, because most gold in Suriname is (or has been to date) recovered through small scale artisinal mining (a step up from panning for gold).
Which brings us to an publication from the International Monetary Fund (2009) that you might find interesting:
https://imf.org/external/pubs/ft/dp/2009/dp0902.pdf
Please skip to pages 81 through 86, with special attention payed to "Large-scale gold mining" on page 85.
You can see from this how important gold mining is becoming in Suriname by way of job creation and revenue for the country.
Now ask yourself again if you think Canarc won't have it's concession re-issued.