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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This is a Free Account. Please select Yes No. There is concern about the effects that the operations of Barrick Gold will have on the repblica, due to the bad reputation the consortium has on a global scale, which has not escaped the attention of Dominicans. Share this content by entering the name and email of the recipient. Where project costs are measured in a local currency, amounts are converted to US dollars at the dominicwna 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 republia into the hands of the Dominican State under the dominucana Rosario Dominicana, and whose operations ceased permanently in because of economic and environmental factors.

For state-owned projects, initial information about the start date and estimates for completion and investment are taken from original signed contracts, along with addendums and annexes. Start your 15 day free trial now! In the case of state-owned projects, validation is carried out where possible with either a member conttrato the consortium, EPC contractor, a relevant state agency or advisors to either party. Close We have something new for you.

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

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. Inthe mine found a new leaseholder, the Canadian company Placer Dome, which signed a year contract before being bought by another Canadian company, Barrick Gold, in Projects costs are measured in US dollars.


No to Barrick Gold in the Contraato Republic.

Activists are concerned about the terms of the agreement with the Dominican State, as well as environmental impacts on the region. Links Mines and Communities. For Holy Week, there is a planned 4-day pilgrimage walk that will depart from Km. 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 BNamericas in an emailed statement, with the contract providing “stability for both parties moving forward.

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While the company talks about food poisoning [es]others insist that the poisoning was due a a boiler explosion [es]. Add a message to the shared content.

You have no more credits available: 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. Best care is taken to ensure that recorded data is correct at the time of entry and that each entry is backed with a relevant source.

Start a Free Trial Already a subscriber? 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.


How can we help you? ABX contract for the Pueblo Viejo gold-silver conrtato in the Dominican Republic will secure additional benefits to the state, according to a government statement. If you want to have full access please Start a Free Trial Email address. The debate over the mining contract came to head in February when President Danilo Medina called the terms “unacceptable” due to higher gold prices, and demanded the contract be modified, threatening a windfall tax if no agreement could be reached.

Close Unlock this content. We should stand up for our ideals. Once the gold oxide was processed, the sulfides were exposed and the mine was abandoned to its fate, allowing acidic waters from the Dominicaana River to e away to the Hatillo Dam. If original contracts cannot be obtained, information is taken from public documents, presentations, news articles from BNamericas archives, and external sources.


The content has been shared, if you want to share this content with other users click here. An error has occurred, please try again. If you want to have full access please Start a Free Trial. 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. Ask us a question. Barrick Gold has felt a lot of pressure in the Dominican Republic that it has seen the urgent need for a public relations program, which includes the publication of statements in paid advertisement spaces in national newspapers and on national television.

Production at the mine contributed to a 1. The agreement, signed by state officials and mine operator Pueblo Viejo Dominicana Corporation, a In cases where contracts are subject to approval by legislators, the start date is the date of the law or legislative approval. Close E-mail to a Friend. 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 on the president’s website said.

Why do we fight?? Create note Ask us. Start a Free Trial. Inthe Dominican people stood up to fight against a cement factory that would be installed in the Los Haitises National Park. Projects must have a:. The original contract signed with Placer Dome held the State’s profits to the price of gold, which meant that the higher the price on the market, the greater the profits for the Stage.

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