Newmont to Lay Off 10-15% of Workforce at Suriname's Merian Mine

NEM
September 20, 2025
Newmont Corporation announced on July 7, 2025, plans to lay off between 10% and 15% of its workforce at the Merian mine in Suriname. The decision was made in response to ongoing production declines at the operation. This workforce reduction is a direct measure to adjust the mine's operational footprint to its current production levels. The Merian mine is a significant asset for Newmont in the Latin America & Caribbean region. The company is implementing these changes to optimize efficiency and manage costs in light of the production challenges. The layoffs will impact a notable portion of the mine's staff. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.