Gold was first discovered in Brokopondo in 1879 and since then approximately half of the recorded production of Suriname has been produced in the district of Brokopondo.
The history Rosebel, which lies in the Brokopondo district, can be found below.
The Rosebel property is awarded to state-owned mining company Grassalco (NV Grasshopper Aluminum Company)1979
A Mineral Agreement is signed between the Government of Suriname, Grassalco and Golden Star.1992
Earn-in agreement is signed between Cambior and Golden Star.1994
Grassroots exploration and a feasibility study are conducted1997
Cambior purchases the remaining 50% interest from Golden Star and becomes full owner on Rosebel Gold Mines N.V.2001
Rosebel Gold Mines N.V. is established
The feasibility study is finalized2002
Phase I construction (Design 4.8 Mpa) is completed
The Mineral Agreement is amended2003
Commercial production starts2004
Phase II expansion (Design 5.8 Mpa) is completed2005
IAMGOLD acquires Rosebel through the acquisition of Cambior2006
Record mine throughput and gold production is achieved.
IAMGOLD acquires 86% of Euro Ressources S.A. which holds a royalty interest in Rosebel.2008
The second amendement to the Mineral Agreement is signed2013