Economy December 1, 2022 | 1:14 pm

Ambassadors of Canada and Switzerland support carrying out environmental studies on the Romero Mining Project

Source: External

Christine Laberge and Rita Hämmerli-Weschke added that allowing the company to proceed with the environmental and social evaluation would be another example of the Dominican Republic’s institutional strength, legal certainty, and due process, which distinguishes it internationally. Mrs. Christine Laberge and Rita Hämmerli-Weschke, Canada’s and Switzerland’s ambassadors in the Dominican Republic, respectively, expressed their support for GoldQuest’s “Romero Mining Project” in the area of Hondo Valle, municipality of San Juan de la Maguana, province of San Juan. The Ambassadors requested that the President of the Republic, Luis Abinader Corona, grant the necessary authorizations so that the Ministry of Environment can begin the process of evaluating the environmental and social feasibility as prescribed by Dominican law. They assured that the “Romero Mining Project’s” environmental and social impact studies would establish the project’s suitability and conformity, as well as demonstrate its feasibility. The mining company’s initiative is part of the concept of responsible mining, as evidenced by the Ministry of Energy and Mines’ approval of a technical and economic pre-feasibility study.

Laberge and Hämmerli-Weschke are optimistic about the significant contributions that the “Romero Project” would make to the Dominican Republic, particularly to the economic and social transformation of the province of San Juan, not only because of the enormous economic resources that the company would contribute to the community but also because of the direct and indirect job opportunities that it would generate, which are estimated to number over a thousand in the mine complex. During the mine construction stage, the company will develop significant social plans and projects to mitigate the environmental impact that currently exists in the San Juan river basin and the Sabaneta dam, as well as a development and training center to train the mine’s operators, mechanics, and electrical.

They added that allowing the company to proceed with the environmental and social evaluation would be another example of the Dominican Republic’s institutional strength, legal security, and due process, which distinguishes it internationally. Similarly, they stated that the GoldQuest company is listed on the Toronto Stock Exchange, implying that it is subject to various standards, including environmental and sustainable development indicators. “We must emphasize that if the environmental and social impact studies determine that the mining operation proposal does not meet the required environmental and social standards, we will not support the mine’s operation,” the diplomats concluded.

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jose MORENO
December 1, 2022 1:30 pm

the nerve of this 2.

MayaLuna
December 1, 2022 3:58 pm
Reply to  jose MORENO

Given the history of the issue, I agree with your statement. However, on the other hand, proceeding with the environmental studies does not represent a commitment by the Dominican Government to automatically approve the mine. At least I believe that’s how the law works.