Economy February 16, 2021 - 10:00 am

Falcondo mine at crossroads: expand or shut down

Santo Domingo.- The future of Falconbridge Dominicana (Falcondo) in the country depends, at this time, on the start of exploitation in Loma Miranda (central), given the imminent expiration of the lifespan of the area where the miner currently operates.

Edwin Deveaux, vice president of Falcondo, told Diario Libre that the area they are currently exploiting will have, at most, four or five more years of ferronickel production, so they are considering several options: The one that is gaining the most weight at this time is accessing the La Manaclita area, in Loma Miranda.

With that condition, Deveaux said they could expand their operations in the country for another 20 years.

“Within that large area of 46 square kilometers, there is a small area of 4.6 square kilometers. That small area was the one that was proposed for operation, an area that was a sawmill in the 50s so it is not a primary forest.”

COVID-19

September 6, 2024 - 4:38 pm

Ministry of Health enhances plans for pandemic and respiratory epidemic response

September 6, 2024 - 2:36 pm

Abinader: Haiti crisis straining Dominican Republic’s migration, health, and education systems

September 1, 2024 - 8:00 am

Public Health assures there are no cases of monkeypox in the country

September 1, 2024 - 7:00 am

The country registers low incidence of respiratory viruses

MOST READ

Economy

Housing costs soar in the Dominican Republic

Local

Dominican government takes over traffic light network after three-day disruption in National District

Tourism

Brazilian tourist arrivals soar in Dominican Republic after visa elimination

Economy

Puerto Plata’s tourism rebounds

MORE NEWS

Local

Dominican Today journalist wins Pasaporte Abierto 2024 award, Dominican Republic receives multiple honors

Tourism

Project for sustainable sargassum management launched in the Dominican Republic

North Coast

Aerodom aims to bring the giant A380 to Puerto Plata

Local

What is now the Dominican Republic was home to the Samanese, the first humans to populate the Antilles nearly 5,500 years ago