Bauxite and Alumina Processing Machine in Suriname

XSM provide ore mining machine(Bauxite and Alumina Processing Machine in Suriname) for mining,aggregate,mineral processing industry

XSM can provide(Bauxite and Alumina Processing Machine in Suriname) magnetic separator,jaw crusher,impact crusher,new fine crusher,ball mill,ramond mill,sand maker,flotation machine,vibrating feeder,etc for mining,aggregate,mineral processing industry

XSM dedicated to the manufacture of low price magnetic separator.We provide magnetic roll separator,vertical wet magnetic separator,high intensity magnetic separatordry magnetic separator support to the mining, construction and quarry/aggregate industries.

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XSM dedicated to the manufacture of low price stone crusher machine.We provide Jaw Crusher,hammer crusher,impact crusher,cone crusher,mobile crushing plant support to the mining, construction and quarry/aggregate industries.

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XSM dedicated to the manufacture of low price grinding mill machine.We provide ball mill,Coarse Grinding Mill,Raymond Mill,High Pressure Grinding Mill support to the mining, construction and quarry/aggregate industries.

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Bauxite and Alumina Processing Machine in Suriname

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Bauxite and Alumina Processing Machine in Suriname

Bauxite and Alumina Processing Machine in Suriname

Bauxite and Alumina Processing Machine in Suriname

The former Dutch colony of Suriname is an important producer of bauxite and alumina. Bauxite mining and alumina production is the largest industrial industry in Suriname, contributing nearly 15% towards the GDP as well as 70% towards export earnings. The country is ranked as one of the largest bauxite producers in the world with an annual mine production of 4 Mt bauxite from reserves estimated at 580 Mt.

Smaller‐scale gold mining in the interior has increased rapidly since the 1990s. Brazilian migrated to Suriname, but not always legally. Local gold mining companies also operate in the interior. High international gold prices have increased the attractiveness of this sector to smaller companies, and some of these companies are in the gold miners, who have expertise in hydraulic and small‐scale mining operations, have process of modernizing their equipment. The gold production of the small scale gold miners in 2007 was estimated at 10,000 kg. In 2003 Mining Journal reported that the government of Suriname had approved a standard mineral agreement, which allows production and sale of minerals in the open market without restriction, access to foreign exchange at competitive rates, provisions for a tax deduction on re‐investment, and guarantees the repatriation of capital and profits. The benefits include a royalty rate reduction to 2.25%, nominal licence fees for exploration and production, and exemptions for mineral rights holders from import duties on equipment used for mining, milling, and future expansions. Expenditures on prospecting, exploration, and other pre‐production costs can be written off during the first five years of operations.

Best Prospects

The anticipated need for heavy equipment and supplies for the bauxite and gold mining industries may be a window of opportunity for U.S. companies. Newmont Mining Company and Alcoa, both U.S. companies, are working together in a joint venture company, Surgold N.V., on exploration and exploitation of gold in southeastern Suriname. An estimated USD $118 million will be invested in further exploration, development and expansion, while approximately USD $334 million will be invested in setting up a new refinery. In the gold sector, the Canadian company Cambior began production in 2003, and was subsequently bought by Canadian company IAMGOLD in late 2006. In 2007, IAMGOLD produced 270,000 troy ounces (8,400 kg) gold. In early 2009, another Canadian company announced its intent to begin gold exploration in Suriname.

Opportunities

Opportunities may exist for suppliers to deliver equipment and services for the mining sector.

You can contact us if you would like to learn more about Bauxite and Alumina Processing Machine in Suriname, our engineers will provide you with quality service.

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