Cambior in the Guiana Shield

CIM Montreal 2003
Abstract Cambior has been involved in the Guiana Shield since 1990, first in Guyana then in Suriname in 1994. This paper will present the history of Omai Gold Mines Ltd in Guyana, where commercial production started in 1993 after an investment of US $175 million. The mine was expanded in 1995 to increase the milling capacity to 21,000 tonnes per day. After ten years of production, some 3,000,000 ounces of gold have been produced.

Building on this experience, Cambior got involved in Suriname with the Rosebel Project. A US $95 million pre-production program started in the fourth quarter of 2002 and the mine will be in commercial production early in 2004.
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