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Nov 05, 2026 News
…says investors enjoy political stability, minimal red tape and greater certainty
(Kaieteur News) – President and Chief Executive Officer (CEO) of Canadian firm Greenheart Gold Inc., Justin van der Toorn, has hailed Guyana and Suriname for never rolling back the terms of mineral agreements signed with investors, giving companies confidence when investing in mining projects in the neighbouring countries.
Van der Toorn made the remarks during an interview at the Nordic Funds & Mines 2026 conference, where he discussed the company’s gold exploration strategy across the two countries and investment opportunities within the Guiana Shield.
查看配图：Greenheart Gold CEO hails Guyana, Suriname for honouring mining agreements
President and Chief Executive Officer (CEO) of Canadian firm Greenheart Gold Inc., Justin van der Toorn
Greenheart Gold is a spin-off of the business combination between G Mining Ventures Corp. (GMIN) and Reunion Gold Corporation on July 15, 2024.
The CEO underscored that both countries are politically stable, saying this is reflected in the number of companies being attracted to the South American countries because of the market opportunities and political stability.
Van der Toorn said, “Politically stable, yeah… you’re seeing a lot of for example West African companies come over trying to come in and find opportunities there as well.”
More importantly, the CEO outlined that both countries have stuck to the terms of mineral agreements signed with investors.
“When you develop a mining project, one of the things is going to be setting up a mineral agreement with the government. Both countries have done that before. They know how that works. And more importantly, they’ve never gone back and rolled back any terms and conditions. So they’ve always stuck with doing things properly and making sure that the investment can be long lasting,” Van der Toorn said.
查看配图：Greenheart Gold CEO hails Guyana, Suriname for honouring mining agreements
Van der Toorn also praised the limited bureaucratic processes in Guyana and Suriname, which he said allow companies to advance their projects and shorten the time needed to generate returns for shareholders.
He said, “These are two countries where it’s very easy to operate. If you want to bring a rig to site, you can do that tomorrow. It’s just a matter of getting the rig there. So there’s very little bureaucratic processes in the way that stop you from doing exploration work quickly and efficiently, which at the end of the day results in better returns for the shareholders in a much shorter timeline.”
Greenheart Gold operates in the Guiana Shield, with its exploration activities concentrated in Guyana and Suriname.
In early 2026, Greenheart entered into an option agreement to acquire a 100% interest in the Gold Hill project in Guyana, but terminated its option agreements for the Tamakay and Abuya projects after concluding that the deposits do not meet the size and scale required for economic development.
The Gold Hill project is located approximately 13.5 kilometres east of Canadian firm Aris Mining’s Toroparu project, which hosts an estimated 5.3 million ounces of gold in measured and indicated resources. The Gold Hill property covers roughly 40 square kilometres in the Mazaruni mining district in north-western Guyana.
In Suriname, Greenheart controls the Igab, Majorodam and Tosso Creek projects. Notably, Greenheart has already commenced its drill programmes across the three projects in Suriname, already announcing drill results from the exploration work done so far.
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