Newmont said it plans to reduce its workforce by 10%-15% at the Merian gold mine in Suriname, following a significant drop in production levels at the site.
Suriname will have a female president for the first time. The country's parliament, which chooses the president, elected Dr. Jennifer Geerlings-Simons on Sunday.
Suriname officially elected its first female president as the small, Dutch-speaking nation on the Caribbean coast of South America prepares to navigate an oil boom.