UPDATE 1-Newmont to invest $1 bln for gold mine in South America's Suriname
July 29, 2014 at 19:29 PM EDT
July 29 (Reuters) - Newmont Mining Corp said on Tuesday it plans to invest around $1 billion in building a gold mine in Suriname. The Merian gold mine is expected to start production late in 2016, pending government approvals.