Latest news with #Suriname
South China Morning Post
5 days ago
- Politics
- South China Morning Post
Historic moment: Suriname elects first woman president, adding to female leaders in Caribbean
Suriname – the Dutch-speaking country on the northeastern coast of South America that is a member of the Caribbean Community regional bloc – has chosen a medical doctor to be its president. This will be the nation's first time electing a woman as its leader. Dr Jennifer Geerlings-Simons, also a one-time parliamentary speaker, was sworn in on Wednesday in a ceremony attended by diplomats and representatives of neighbouring countries, including the vice-president of Venezuela. The nation, located in South America but part of the Caribbean Community, joins Barbados, Trinidad and Tobago and tiny Anguilla with female leaders. It is the first time, observers say, that there have been so many women in leadership positions in the Caribbean, where they are also occupying roles as governors, governors general and ceremonial presidents. Japan urged to modernise monarchy with female succession to promote gender equality In Barbados, where Mia Mottley is prime minister, Sandra Mason serves as ceremonial president after the country broke with the British monarchy in November 2021 to become a republic. In Trinidad and Tobago, Prime Minister Kamla Persad-Bissessar led her party to victory in April, and the presidency is held by Christine Kangaloo. And in Dominica, the presidency is also held by a woman, Sylvanie Burton, who is also its first indigenous head of state. Geerlings-Simons emerged as president of the former Dutch colony after none of the parties, including that of former president Chan Santokh, won the two-thirds majority in Parliament in the May 25 elections necessary to form the government. She won the second-highest number of individual votes, after Santokh, who retained his legislative seat after winning the most individual votes. Suriname's then-opposition leader Jennifer Geerlings-Simons greets a woman after the National Assembly election in Paramaribo on July 6, 2025. Photo: AFP Although he was vying to return as president, Sanktoh's Progressive Reform Party could not overcome voters' concerns about high inflation, corruption in the government and austerity measures imposed by the International Monetary Fund programme. When the Progressive Reform Party nearly tied with the National Democratic Party, 17 votes to 18 votes, Geerlings-Simons and her National Democratic Party formed a deal with five other parties to install her as president. Geerlings-Simons had served as chairwoman of the party since 2024. Carla Barnett, the secretary general of CARICOM, who attended the swearing-in, noted the historic significance of Geerlings-Simons' indirect election by the National Assembly. Ahead of the swearing-in, Barnett extended congratulations and said the Caribbean Community awaited her input. 'As we collectively navigate the complex challenges facing our region, including climate change, economic resilience, and sustainable development, your leadership will be crucial,' Barnett said. January 2023: One third of Amazon rainforest 'degraded' by human activity and drought, study finds Suriname has been independent since 1975 and has seen two military coups. In recent years, the country has faced some difficult economic challenges but is expected to see a surge in revenues, similar to neighbouring Guyana, after discovering oil reserves. Oil production is slated to begin in 2028. On June 30, Suriname also became the first country in the Amazon region to receive malaria-free certification from the World Health Organization (WHO). This historic milestone follows nearly 70 years of commitment by the government and people of Suriname to eliminate the disease across its vast rainforests and diverse communities. Geerlings-Simons' rise to power has not gone unnoticed by those who closely follow the region, especially given that the military coups were supported by the NDP and its founder, former President Desiré 'Desi' Bouterse. Bouterse died last year on Christmas Eve while running from justice. The year after leaving office in 2020, Bouterse was convicted in the 1982 murders of 15 government critics, including journalists. The conviction was upheld in 2023, and Bouterse went into hiding. He died at the age of 79 as a fugitive. Suriname's leader Jennifer Geerlings-Simons shakes hands with the outgoing president, Chan Santokhi. Photo: AFP Wednesday's succession of power passed without incident. Geerlings-Simons, 71, whose term runs until 2030, recognised the historical significance in her swearing-in speech. 'Because I am the first woman to hold this position, there will be additional pressure on the work I will do with the government,' she said as she pledged her government's commitment to recovery. She concluded her speech with a call for national unity, quoting the words of Surinamese poets Dobru and Shrinivási: 'I would like to unite you as a nation, without this remaining a fairy tale.'
Yahoo
7 days ago
- Automotive
- Yahoo
Miata Metals Intersects Wide Intervals of Veining at the Puma Target on the Sela Creek Gold Project in Suriname
VANCOUVER, British Columbia, July 16, 2025 (GLOBE NEWSWIRE) -- Miata Metals Corp. (CSE: MMET) (FSE: 8NQ) (OTCQB:MMETF) ('Miata' or the 'Company') is pleased to report that initial drilling at the high-priority Puma Target on its Sela Creek Gold Project in Suriname has intersected wide zones of intense veining, consistent with the Company's predictive vein model. These early visual results from drill holes 25DDH-SEL-018 and 25DDH-SEL-019 are an encouraging milestone in Miata's ongoing drill program. The Company also provides an update on its regional, generative exploration program, which continues to advance alongside drilling, with new sampling and mapping programs identifying additional areas of high prospectivity. Highlights First two holes in the Puma Target are completed and are being logged and cut on site prior to assay (Figure 1 and 2) Both holes have intersected significant veining and alteration, which have been identified as vectors to mineralization (Figure 3) Two potentially mineralized vein directions are present at the Puma Target and the drilling is angled to intersect both vein sets The Company's drilling continues and the fourth hole at Puma has been collared A grab sample taken from an artisanal miners' ore1 pile at the new Aplito prospect has yielded 675 g/t Au2 (Figure 5) The Company is preparing to launch a stream sediment and soil sampling program aiming to extend the existing Puma trend 'These first holes at Puma have delivered exactly what we were hoping to see, wide zones of veining and alteration that serve as strong indicators that we've tapped into a significant system. The consistency between the core and our predictive model is a strong sign that we're drilling in the right place.' stated Dr. Jacob Verbaas, CEO of Miata Metals. 'Puma is an exciting and key area within the concession. The early visual results from the first two holes at Puma are very encouraging and demonstrate that our predictive model continues to hold up. We are steadily unlocking the potential of this historically active yet systematically underexplored gold district.' Drill holes 25DDH-SEL-018 and 25DDH-SEL-019 both intersected wide zones of dense quartz veining with associated alteration textures that Miata's technical team has previously correlated with gold mineralization in earlier drill holes. These visual indicators support the geological model developed through surface mapping and previous drilling. Hole 25DDH-SEL-018 encountered a weathered oxide zone to 75 meters, followed by a 60-meter interval (102–162m) of increased quartz, quartz-pyrite, and quartz-carbonate veining with strong alteration. Hole 25DDH-SEL-019 intersected four distinct vein zones between 80 and 195 meters, and displays characteristic textures and structures identified as mineralization vectors in earlier 1. 25DDH-SEL-019 At approximately 85 – 92m. Alteration commonly consists of biotite, chlorite, and titanite and pyrite. Two potentially mineralized vein directions are present at the Puma Target and the drilling is angled to intersect both vein 2. Drill core images showing veining and alteration in 25DDH-SEL-018 between approximately 145 and 151m. Both holes targeted zones interpreted from surface structural measurements and vein density models, reinforcing confidence in the Company's targeting 3. From left to right: 25DDH-SEL-018 at 71m, relic boxwork pyrite in quartz vein in oxidized zone. 25DDH-SEL-018 at 82.6m, intense k-feldspar and biotite alteration. 25DDH-SEL-019 at 172m Quartz vein with pyrite in selvage. 25SEL-DDH-019 at 172m intense veining and alteration. 25SEL-DDH-019 at 117.2m, intense veining, both foliation parallel and cross-cutting. Figure 4. Location of Puma holes 25DDH-SEL-018 and 019. Puma is the southern-most target at Sela Creek, and currently encompasses a total of approximately 2.7 km of strike length, and a width of 400 m. Puma is one of several targets identified at the 215 km2 property where high-grade gold is mined from shallow pits by small-scale miners, leaving the bedrock unexplored. Recent mining1 by artisanal operators at Puma have further supported the Company's targeting efforts and conviction. Ongoing Generative Exploration In parallel with its 10,000-meter drilling campaign, Miata's technical team continues to evaluate historic and active mining areas across the 215 km² Sela Creek concession. This work includes pit mapping, sampling, and the assessment of artisanal ore1 piles to better understand vein morphology and mineralogy across the project. To date in 2025, the Company has collected 248 surface samples, including a standout artisanal ore sample from the Aplito area assaying 675 g/t Au2 shown in figure 5, underscoring the potential for further high-grade mineralization outside of the current targets. The Aplito target area is several km east of camp and will be assessed for follow up exploration. Figure 5 also shows visible gold in a quartz vein from an ore1 pile sample of the Puma Target. To build on these efforts, Miata intends to commence a comprehensive stream sediment sampling program focused on the underexplored areas trending toward the Guyana Shield Shear Zone. This initiative will generate over 1,000 samples and aims to vector toward new targets for follow-up exploration. Figure 5. Left. Artisanal miners' ore1 sample with visible gold on the Puma Target. Middle, ore pile sample from the Aplito prospect grading 675 g/t Au2, showing weathered sulphides and visible gold. Right, same sample as middle photo but viewed through a hand lens. QAQC Grab samples were sent to Filab in Paramaribo, an ISO certified laboratory for 50g aliquot fire assay. Both the Company and Filab insert standards, duplicates and blanks at select intervals, all of which yielded acceptable values. Drill core of hole 25DDH-SEL-018 and 19 will be logged and cut on site prior to analysis at Filab. QP Statement The scientific and technical information in this news release has been reviewed and approved by Dr. Jacob Verbaas, a director of the Company and Qualified Person as defined under the definitions of National Instrument 43-101 – Standards of Disclosure for Mineral Projects. 1 Ore refers to ore from artisanal miners activities. Miata Metals has not defined resources or reserves and does not generate revenue from artisanal mining activities. Sela Creek is an exploration stage project. 2 Grab samples are inherently selective and may not be representative of bulk grade. About Miata Metals Corp. Miata Metals Corp. (CSE:MMET) is a Canadian mineral exploration company listed on the Canadian Securities Exchange, as well as the OTCQB (OTCQB:MMETF) and Frankfurt (FSE:8NQ) Exchanges. The Company is focused on the acquisition, exploration, and development of mineral properties. The Company holds a 70% interest in the ~215km2 Sela Creek Gold Project in Suriname with an option to acquire a full 100% interest in the project, and a 70% beneficial interest in the Nassau Gold Project in Suriname with an option to acquire 100%. Both assets are located in the greenstone belt of Suriname. On Behalf of the Board Dr. Jacob (Jaap) Verbaas, | CEO and Director info@ 778 488 9754This press release contains certain forward-looking statements as well as historical information. Readers should not rely on information in this summary for any purpose other than for gaining general knowledge of the Company. Forward-looking statements include, but are not limited to the scope and timing of the Company's drilling programs. The words 'expected', 'believes', 'will' and similar expressions are intended to be among the statements that identify forward looking statements. Although the Company believes that its expectations as reflected in any forward-looking statements, are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward- looking statements. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates, opinions or other factors should change. The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release. Photos accompanying this announcement are available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-07-2025
- Business
- Yahoo
IAMGOLD Corporation (IAG) Announced Completion of its Gold Prepay Arrangement
IAMGOLD Corporation (NYSE:IAG) is one of the . On June 25, IAMGOLD Corporation (NYSE:IAG) announced the completion of its gold prepay arrangement. The agreement required the company to deliver 150,000 ounces of gold. The deal was originally set up as part of a financing package to help build the Côté Gold Mine. IAMGOLD Corporation (NYSE:IAG) delivered the last 75,000 ounces in the first half of 2025. Only some of these deliveries were affected by changes in the gold price. Management noted that if this prepay deal had not existed, the company would have generated about $200 to $225 million in cash flow during this period. Aerial view of the Rosebel gold mine in Suriname with its open pits spanning across the landscape. Finishing the prepay arrangement is a major milestone for IAMGOLD Corporation (NYSE:IAG). The company now expects to see improved cash flow. This comes at a good time, as the Côté Gold Mine has just reached its full production capacity. IAMGOLD Corporation (NYSE:IAG) is a mid-tier gold mining company that explores, develops, and operates gold mines mainly in North America and West Africa. While we acknowledge the potential of IAG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Reuters
14-07-2025
- Business
- Reuters
Newmont CFO Karyn Ovelmen resigns, insider named interim finance chief
July 14 (Reuters) - Gold miner Newmont Corp (NEM.N), opens new tab said on Monday its CFO Karyn Ovelmen has resigned and named insider Peter Wexler as interim CFO until a permanent successor is selected. Wexler previously served as chief legal officer of Schneider Electric ( opens new tab for 15 years before joining Newmont in March 2024. Ovelmen's departure, which comes a little over two years into her role, was not due to any disagreement on operations, financial statements, or accounting policies, the company said. Earlier this month, the company said it would lay off 10% to 15% of its workforce at its Merian mine in Suriname, citing production declines. The company is scheduled to report its second-quarter results on July 24. Newmont has initiated the search for a permanent finance chief, it said.
Reuters
13-07-2025
- Politics
- Reuters
China's Xi sends congratulations to Suriname President-elect Simons
BEIJING, July 13 (Reuters) - China's President Xi Jinping sent a congratulatory message to Suriname's President-elect Jennifer Simons, Chinese state media Xinhua reported on Sunday. Xi said he attaches great importance to the development of China-Suriname relations and that he is willing to work with Simmons to promote greater development of the strategic partnership between the two countries, Xinhua reported.
