PARAMARIBO, Suriname, July 17, 2026 — Rosebel Gold Mines N.V. unveiled a three-year investment programme of approximately US$1.25 billion during its 2025 Annual General Meeting (AGM) on Friday, reinforcing its ambition to become “A World-Class, Beautiful and Smart Gold Mine” while continuing to create long-term value for Suriname.
The meeting brought together shareholders, representatives of the Government of Suriname, members of the Supervisory Board, Rosebel management and invited stakeholders. Among those representing the Government of Suriname were Chief of Staff of the President Cabinet Sergio Akiemboto, Minister of Natural Resources David Abiamofo, Minister of Finance and Planning Adelien Wijnerman, and Sergio Akiemboto. Rosebel Chief Executive Officer Joe Liu attended the meeting, while Rosebel Chairman and Zijin Mining Group Vice President Wang Chun participated online.
Presenting the 2025 Annual Report, CEO Joe Liu highlighted another year of strong operational and financial performance. Rosebel produced 306,535 ounces of gold in 2025, representing a 5.46 % increase over the previous year, supported by higher production, improved operational efficiency and favourable international gold prices.
Rosebel’s total direct and indirect socioeconomic contribution to Suriname reached US$630 million during the year, including US$ 363 million directly to the Government, and US$267 million in employee compensation and domestic procurement.
The company also achieved an important milestone in 2025, with 54.13% of procurement spending directed to local suppliers for the first time. Surinamese nationals represented 94.56% of the workforce, while employees from the Brokopondo District accounted for 29.4% of all employees, 2.4 points higher than the previous year.
Rosebel continued advancing its sustainability agenda through the commissioning of a 25-megawatt solar power plant, the deployment of 41 battery-electric mining trucks, the treatment of 3.51 million cubic metres of water and 100% in compliance with environmental requirements, and continued investments in education, vocational training, supplier development, community infrastructure and sustainable livelihood programmes.
Looking ahead, Liu presented Rosebel’s long-term development strategy, which includes expanding the Rosebel processing plant, developing a new processing facility at Saramacca and constructing a 90-megawatt power plant. Together, these investments are expected to increase annual gold production to approximately 15 metric tons, extend the life of the operation, and create more than 2,000 direct and indirect employment opportunities.
Following the presentation of the Annual Report, shareholder representatives and government representatives engaged management in a constructive discussion on the company’s future investment programme, dividend outlook, environmental management, local employment, workforce localization, safety performance and the continued expansion of local content. Management reaffirmed Rosebel’s commitment to responsible mining, transparency and close cooperation with the Government of Suriname as the company advances its long-term development strategy.
Shareholders subsequently approved the 2025 Annual Report, the audited financial statements, the proposed dividend for the 2025 financial year, the appointment of Ernst & Young as external auditor for the 2026 financial year, and a resolution concerning changes to the composition of the Supervisory Board.
The meeting also marked a transition within the Supervisory Board. Shareholders acknowledged the retirement of Glenn Michel Gemerts, who served on the Supervisory Board for approximately 22 years. He was recognized for his longstanding commitment, professionalism and valuable contribution to both Rosebel Gold Mines and Suriname’s mining sector. Reflecting on his years of service, Gemerts emphasized the importance of a long-term national mining vision, sustainable community development and ensuring that mining creates lasting benefits beyond the life of the operation.
The Republic of Suriname subsequently nominated Chantal Budel as a new member of the Supervisory Board. In her acceptance remarks, she reaffirmed her commitment to strong corporate governance, transparency, cooperation between shareholders, environmental and social responsibility, and creating sustainable value for surrounding communities and Suriname. Her appointment was approved by the shareholders with immediate effect.
In their closing remarks, representatives of the Government of Suriname commended Rosebel’s operational performance and its continued contribution to Suriname’s economy and society. They emphasized the importance of continued investment, regulatory compliance, local employment and domestic procurement as the company advances its long-term expansion plans. Rosebel reaffirmed its commitment to maintaining transparent dialogue and strong cooperation with the Government of Suriname and all stakeholders while continuing to deliver responsible mining and sustainable value creation for the country.
