Economy December 1, 2021 | 7:55 am

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Dominican gold mine says it can inject US$13.0B to local economy

Santo Domingo.- The miner Barrick Pueblo Viejo launched yesterday the initiative “A place of value,” with which it seeks to show the importance of the project to extend the life of the mine, which -according to the company- requires a place, a new tailings dam.

For that reason it has enabled the website

It said he continuity project will result in more than US$9.0 billion of additional income for the Dominican State, resources that can be used for improvement projects that meet the social needs of the communities.

The company said it will have a positive effect on local purchases, which are estimated to increase by approximately US$13 billion, in addition to the generation of more than 3,300 direct and indirect jobs, and the launch of new projects that will promote social and economic development.

Juana Barceló, president of Barrick Pueblo Viejo, assured that there is a lot of misinformation regarding the environmental impact of the mining operations. “The company agrees with the government hiring a firm to do an independent study.”

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Paul Tierney
December 1, 2021 10:15 am

This is good the RD is getting financial backup from Barrick. The money can be used for many needed projects. Is Barrick doing this out of the kindness of its heart or is there a hidden agenda to get something in return?

José De Jesús
December 2, 2021 6:08 pm
Reply to  Paul Tierney

Barrick Gold antes de hablar de ampliación del proyecto y esas cosas, debe ponerse de acuerdo con los dueños de esos terrenos donde está la mina, han comprado a todos los gobiernos con sus adelantos de nuestros propios recursos y deben saber que tiene asuntos pendientes en la justicia con los legítimos dueños de ésas tierras

December 2, 2021 9:07 pm

You mean put 13 billion in all the government corrupted rats to enjoy. The dominican citizens will not see a penny of that money.