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PRECIOUS METALS (US $)
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Rosebel Project
Rosebel
Country Suriname 
Province Brokopondo
Close to Paramaribo
Status PRODUCTION 
Surface 170 km² / 42,007 acres
Latitude / Longitude 5 N 24 / 55 W 10
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Produces Gold -
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Risk and valuation analysis of the Rosebel Project
Status Risk : Production
Resource Risk : 61.00%
In situ value
18,608,735,584 $
Title(s) of the Rosebel Project
IAMGOLD Corporation
Joint venture: 95%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
The Rosebel open pit gold mine, acquired by IAMGOLD in November 2006 through its merger with Cambior. IAMGOLD's interest in Rosebel is held through 95% interest in Rosebel Gold Mines N.V. (RGM); the remaining 5% is held by the Republic of Suriname.  more...
EURO Ressources S.A.
Net Smelter Return: 10%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
The Company’s principal asset is a 10% royalty interest on production from the Rosebel gold mine in Suriname. Rosebel is operated by IAMGOLD and has an estimated resource of +10MM oz of gold. The Company’s interest is on the first 7,000,000 ounces of more...
Location of the Rosebel Project
The mine is located in the Brokopondo district of Suriname, South America, approximately 2.5 hours by paved road from the airport at Paramaribo. The mine also has an air strip for emergencies.
 
History of the Rosebel Project
Cambior has been involved in the Rosebel project since 1994, earning a 50% interest through the funding of exploration and development. In 2002, Cambior acquired the remaining interest in the project from Golden Star Resources Ltd. Following an updat more...
 
Geology of the Rosebel Project
Most rocks in the Rosebel concession host at least one set of quartz veins, some of which are gold bearing. Early veins are usually deformed and are often cut by later veins. Primary gold mineralization mostly occurs in quartz and quartz-carbonite ve more...
 
Reserves and resources of the Rosebel Project
TonnageGradeReserves and resources
GoldGold
g/toz
 Proven43,879,0001.10 1 551 817
 Probable52,478,0001.20 2 024 648
 Proven and Probable96,357,0001.15 3 576 465
 Measured152,638,0001.10 5 398 168
 Indicated131,626,0001.00 4 231 874
 Mesured and Indicated284,264,0001.05 9 630 042
 Inferred6,418,0001.10 226 978
 Total 387 039 000 13 433 485
Definitions
Reserves and resources of the Rosebel Project
MetalTotalReservesResourcesUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Gold 13 433 485 1 551 817 2 024 648 3 576 465 5 398 168 4 231 874 9 630 042 226 978oz18 621 497 395 US$
Production history
Metal2010
GOLD (oz)295,000
Production Objectives
Metal2013
GOLD (oz)390,000
Location
Data last updated on : 12/31/2008
Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources