The mine began commercial production in january, Pueblo viejo is located in the dominican republic, approximately kilometers northwest of the capital. Los dirigentes del Comité Nuevo Renacer culpan a la Barrick de en el club de la filial provincial del Colegio Médico Dominicano (CMD). Cotui contra Pueblo Viejo/Barrick Gold, Dominican Republic de la antigua operación de Rosario Dominicana, empresa que explotó los depósitos por mayoría en ambas cámaras del Congreso de República Dominicana. El contrato diria que los pasivos ambientales seran responsabilidad del estado.

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The deal is “in line” with the agreement in principle reached in May, the company added, and still requires approval by the Dominican congress, Barrick said. And Barrick refuses to deliver that amount of money. If we do not fight to defend what is ours, maybe tomorrow it may stop belonging to us.

Indeed, there have been public protests [es] and various groups have utilized groups on Facebook [es]. Your questions and comments are important to us. Where guidance is non-specific as to dates for completion, the following is used. You have no more credits available: In the case of state-owned projects, validation is carried out where possible with either a member of the consortium, EPC contractor, a relevant state agency or advisors to either party.

Another legacy of negative environmental impact from Rosario is the accumulation of heavy metals like iron, copper, and mercury at the site of the old plant and the sludge from Mejita and Margajita Rivers. Barrick Gold has been in the sights of the Dominicans some of the details about the signed contract were made public, a contract which was approved at the end of in Congress by the vast majority of legislators.

Where applicable, a project is considered as such until the end of construction and ramp-up to full capacity with the exception of mining projects, where the date of commissioning signifies the end of the project. Links Mines and Communities.

Barrick Gold has felt a lot of pressure in the Dominican Republic that it has seen the urgent need for a public goldd program, which includes the publication of statements in paid advertisement spaces in national newspapers dee on national television.


There is concern about the effects that the operations of Barrick Gold will have on the environment, due to the bad reputation the consortium has on a global scale, which has not escaped the attention of Dominicans. In cases where contracts are subject to approval by legislators, the start date is the date of the law or legislative approval. An error has occurred, please try again. Start a free trial. Y la Barrick se niega a entregar tanto dinero. Projects must have a:.

The agreement, signed by state officials and mine operator Pueblo Viejo Dominicana Corporation, a Activists are concerned about the terms of the agreement with barrrick Dominican State, as well as environmental impacts on the region.

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GGwill see the state receive a greater share of revenues over the life of mine than envisaged in a preliminary agreement in May, the statement contgato the president’s website said. For Holy Week, there is a planned 4-day pilgrimage walk that will depart from Km.

The greatest care possible was taken to ensure consistency of information in order make a like-for-like comparison in project costs.


Join our e-mail list. Inthe Dominican people stood up to fight against a cement factory that would be installed in the Los Haitises National Park. If original contracts cannot be obtained, information is taken from public documents, presentations, news articles from BNamericas archives, and external sources. If you want to have full access please Start a Free Trial. Repubilca the public relations efforts, people are continuing to protest.

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Pueblo Viejo contract to deliver further benefits to state – DR – BNamericas

Start a Free Trial Already a subscriber? Insofar as the figures rely on disclosure by the organization or company responsible, the figures can be considered to be conservative in nature. Create note Ask us. In the case of private projects, information is taken from public sources, such as stock exchange filings, annual reports, company presentations, third party research and press releases. If you want to have full access please Start a free trial.


Projects costs are measured in US dollars. For state-owned projects, initial information about the start date and estimates for completion and investment are taken from original signed contracts, along eh addendums and annexes.

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How can we help you? ABX contract for the Pueblo Viejo gold-silver mine in the Dominican Republic will secure additional benefits to the state, according to a government statement. Where project costs are measured in a local currency, amounts are converted to US dollars at the date of the relevant announcement, signature or report. The contemporary history of the Pueblo Viejo gold mine, which produces gold oxide at the top and gold sulfide at the bottom, begins in with Rosario Resources Corporation, a company that later passed vontrato the hands of the Dominican State under the name Rosario Dominicana, and whose operations ceased permanently in because of economic and environmental factors.

Production at the mine contributed to a 1. Rate our new design Relevance of information Ability to find what you’re looking for Overall satisfaction Were you able to accomplish your task? We have two types dominivana notes: This is a Free Account. Close Unlock this golf. Please select Yes No. Barrick is “pleased to reach an agreement that preserves the economic value of the Pueblo Viejo mine, while also addressing the fiscal objectives of the country,” the company told Barick in an emailed statement, with the contract providing “stability for both parties moving forward.

Close Ask us a question. In judging the timing of investment decisions for private projects, great care was taken to differentiate between large projects receiving environmental approval and proceeding directly to construction, and smaller projects where the investment decision hinges on securing financing.

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