|The Republic of Suriname is a country on the
northeast shoulder of South-America. Due to its relative
anonymity Suriname has many undiscovered business
The natural resources are oil, timber, hydropower, fish, kaolin, shrimp, bauxite, gold, diamond, nickel, copper, platinum, iron ore.
• The backbone of Suriname's economy is the export of alumina. Currently, Alcoa and BHP Billiton are investing US$2bn in the bauxite industry in West-Suriname. The nation's topography is part of the geographical formation known as the Guyana Shield, a mineral-dense layer of the earth's crust estimated to be two billion years
and a contributing factor to oil, gold and other minerals being
discovered in Suriname.
• In the oil sector, the state-owned oil company Staatsolie, entered into off-shore exploration agreements with Repsol YPF, Maersk and Occidental Petrol. The United States Geological Survey (USGS) ranks the Suriname’s offshore basin as second among the world’s unexplored oil basins with a potential unexplored 15billion barrels.