AGP Executive Report
Last update: 5 hours agoOffshore Investment: Valaris secured a two-well exploration contract with PETRONAS Suriname Exploration & Production for drillship VALARIS DS-18. Work is expected to start in the fourth quarter and run for up to seven months, adding to the company’s reported US$220 million in new contract awards and extensions. Rice Trade: Suriname seized 384.8 tonnes of Guyanese rice over missing prior import approval. The importer has gone to court seeking inspection and release of the shipment; authorities say part of the cargo had already cleared customs. Gold Exploration: Founders Metals reported 54 metres grading 8.45 grams of gold per tonne at its Antino project in southeastern Suriname, including a higher-grade 24-metre section. Mining and Tourism: President Jennifer Simons plans new rules to protect rivers from gold-mining pollution, including waterways linked to tourism areas such as the Upper Suriname River. The government is preparing two decrees, while weighing mining’s role in hinterland livelihoods.
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