Economy September 15, 2016 - 8:37 am

Falconbridge: New mining methods, hi-tech reduce environmental impact

Santo Domingo.- Falconbridge Dominicans on Wednesday said itsimplementation of modern mining methods and new technologies has "considerably"reduced the environmental impact from its processes to extract ferronickel in centralMonseñor Noel province.

"The new method of selective mining is much moreefficient than previously utilized in Bonao, reducing the need for excavations by60%," said company president Ioannis Moutafis.

He said the introduction of new technologies in theproduction process that have reduced fuel consumption by 18% per ton of nickelproduced, have also considerably reduced the impact on the environment.

“The nickel extracted from the Dominican subsoil isconsidered among the highest quality in the world, being used in themanufacture of electronic appliances, cookware and desalinatioin plants whichconvert seawater into drinking water.”

A boost for the local economy

After it acquired a majority stake in the mine in August2015, Americano Nickel (ANL) "has managed to reactivate operations andresume exports despite a challenging scenario in terms of global prices of thismetal," the miner said in a statement.

It said in just 12 months of operation, the new administrationhas created nearly a1,000 jobs, most of them in local communities as well as aninjection of more than RD$800 million to the local economy and an accumulatedinvestment of US$20M.

"We are very proud to have managed to resumeoperations and boost job creation. This would not have been possible withoutthe ability and willingness of the Dominican labor force, which is one of thebest in the world. Together we have achieved in one year what had not beenachieved long ago," the miner said

COVID-19

October 3, 2024 - 11:44 am

Former Health Minister Wilfredo Hidalgo accused of embezzling over 300 million pesos

October 2, 2024 - 6:54 pm

3rd Latin American Digital Health Congress gains strong public and private support

September 29, 2024 - 11:31 am

Warning of health damage from the synthetic drug “pink cocaine”

September 28, 2024 - 9:00 am

Public Health reports a decrease in the incidence of diseases

MOST READ

Bavaro & Punta Cana

Tourist apartments seen as ‘unfair competition’ for hotels in the Dominican Republic

Local

In 2027, construction of submarine cable for electrical connection between Dominican Republic and Puerto Rico will begin

Tourism

Collado predicts Dominican Republic’s star role at Africa-Americas Tourism Summit

Economy

Looking for a job? The U.S. Embassy has job openings

MORE NEWS

Tourism

Gastronomic offer, key to promoting and diversifying tourism in the Dominican Republic

Local

Haitian leader says measures against illegals “a blessing” to bad practices

Local

If they repatriate 10,000 Haitians a week, who would sell the fruits and build the houses in the DR?

Economy

Open Skies agreement seen as a major catalyst for aviation and tourism growth