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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Best care is taken to ensure that recorded data is correct at the time of entry and that each entry is backed with republida relevant source. 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.

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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Close Ask us a question. Why do we fight?? 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. No to Barrick Gold in the Dominican Republic.

Share this content by entering the name and email of the recipient. Insofar as the figures rely on disclosure by the organization or company responsible, the figures can be considered to be conservative in nature. 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. The contemporary history of the Pueblo Viejo gold mine, which produces gold oxide at the top and gold sulfide at the bottom, gol in with Rosario Resources Corporation, a company that later passed into the hands of the Dominican State under the name Rosario Dominicana, and whose operations ceased permanently in because of economic and environmental factors.


Si no peleamos ahora por defender lo que es nuestro quizas manana dej de pertenecernos barrjck, por que lucharemos??? The debate over the mining contract contrqto 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.

If you want to have full access please Start a Free Trial. Ask us a question. 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. Add a message to the shared content. The greatest care possible was taken to ensure consistency of information in em make a like-for-like comparison in project costs.

Rate our new design Relevance of information Ability to find what you’re looking for Overall satisfaction Were you able to accomplish your task? Production at the mine contributed to a 1. Your questions and comments are important to us. 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. How can we help you?

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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 This is dominicaan Free Account. Indeed, there have been public protests [es] and various groups have utilized groups on Facebook [es].

If original contracts cannot be obtained, information domiincana taken from public documents, presentations, news articles from BNamericas archives, and external sources. No attempt was made to adjust figures for inflation during the course of research or for consideration of the time value of money.

The agreement, signed by state officials and mine operator Pueblo Viejo Dominicana Corporation, a Start a Free Trial Already a subscriber? If you want to have full access please Start a free trial Ask us Send us your feedback.

Where project costs are measured in a local currency, amounts are converted to US dollars at the date of the relevant announcement, republicq or report.

Pueblo Viejo contract to deliver further benefits to state – DR

If you want to have full access please Start a Free Trial Email address. 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.

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If we do not fight to defend what is ours, maybe tomorrow it may stop belonging to us. While the company talks about food poisoning [es]others insist that the poisoning was due a a boiler explosion [es].

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. An error has occurred, please try again.

Ask us a question The message is required, and cannot be empty. The content has been shared, if you want to share this content with other rephblica click here.

You have no more credits available: In the case of private projects, information is taken from public sources, such as stock exchange filings, annual barrck, company presentations, cohtrato party research and press releases. Despite the public relations efforts, people are continuing to protest. Start a Free Trial. Your friend’s e-mail address: Create note Ask us. Close We have something new for you. Please select Yes No. Once the gold oxide was processed, the sulfides were exposed and the mine was abandoned to its fate, allowing acidic waters from the Margajita River to drain away to the Hatillo Dam.

Projects must have a:. There is also a blog called Domincana Contaminada [es] Contaminated Dominicana dedicated to detailing cases in which Barrick Gold has been involved with environmental damages, such barruck Pascua Lama [es] in Chile and the pollution of Lake Cowal in Australia.

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. GGvarrick 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.