PARAMARIBO, Suriname, CMC- The Government of Suriname has embarked on a joint venture with the Kaloti Group of Dubai to establish the first gold refinery in the Caribbean.
The refinery that is being built near the village of Wit Santi, close to the country’s International Airport, is expected to start operating by next year and produce as much as US$2.77 billion worth of refined gold.
On the weekend, President Desi Bouterse joined Kaloti Chairman Munir Kaloti in expressing high expectations of the facility.