Staatsolie to invest in Merian gold project

staatsolie

SURINAME – Staatsolie (State Oil Company) will invest $300 million in the Merian gold project. This means that not the government but a state company will make an investment. As a result of the size of its investment, Staatsolie will have a 25 percent equity interest in the Merian project. Staatsolie reportedly deems this a good investment with growth potential. In order to be able to invest in this project Staatsolie will take a few measures with regards to its other projects…[+]