Santo Domingo, Energy and Mines Minister Antonio Isa Conde on Wed. said that amid the pandemic’s economic and sanitary destruction, metal mining – especially gold – could be like oxygen for the finances of the countries that exploit it.
Isa bases his opinion that while the different sectors of the economic chain are in decline – with the exception of some of the pharmaceutical, medical instrument and food industries – gold prices continue to climb in the international market, as a result of the future protection that investors seek.
“Gold producing countries have, in this situation, an important advantage… to lessen the effects of the crisis.”
In a statement Isa stressed the importance of continuing to exploit gold as a non-renewable resource, “always under a line of social, environmental and economic sustainability.”