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Fire|Gold
Fire|Gold
fire|gold

Newmont to fire at least 10% of staff at Suriname's Merian mine

7th July 2025

By: Reuters

  

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PARAMARIBO - Newmont, the world's largest listed gold miner, announced on Friday that it would lay off 10% to 15% of its workforce at its Merian mine in Suriname, citing production declines.

"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.

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Edited by Reuters

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