Dominican mining sector generates over RD$20 billion in 2025

Santo Domingo.- The Dominican mining sector continues to strengthen its role as a key pillar of the national economy. From January to July 2025, mining and quarrying revenues exceeded RD$20 billion, and projections indicate the sector could surpass RD$30 billion by year-end, more than double the original estimate of RD$13 billion, according to Energy and Mines Minister Joel Santos. This represents a 131% increase over budgeted expectations.

Minister Santos highlighted the sector’s significant contribution to public finances, noting that over the past five years, mining has added more than RD$99 billion to government coffers. The dynamism is also reflected in foreign trade: mining exports reached US$1,043.2 million through June 2025, a 42% increase year-over-year, representing around 32% of national exports. Additionally, the sector attracted US$419.5 million in foreign direct investment, up 437.8% from the previous year, with the energy and mining sectors accounting for 40.2% of total national FDI.

Gold remains the dominant export product, driving both revenue and fiscal contributions. Mining activity grew 21% year-on-year in July 2025, boosting gold exports and tax revenues from RD$3,376.9 million in July 2024 to RD$7,717.4 million this year.