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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Doninicana Ask us a question. 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. We have two types of notes: Despite the public relations efforts, people are continuing to protest. While the company talks about food poisoning [es]others insist that the poisoning was due a a boiler explosion [es].
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 as Pascua Lama [es] in Chile and the pollution of Lake Cowal in Australia. Close We have something new for you. Start a Free Trial Already a subscriber? Y la Barrick se niega a entregar tanto dinero. Ask us a question.
Pueblo Viejo contract to deliver further benefits to state – DR – BNamericas
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.
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REPUBLICA DOMINICANA CONTAMINADA
Start your 15 day free trial now! Insofar as the figures rely on disclosure by the organization or company responsible, the figures can be considered to be conservative in nature.
Your friend’s e-mail address: Create note Ask us. 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 into the hands of the Dominican State under the name Rosario Dominicana, and whose operations ceased permanently in because of economic and environmental factors. 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.
While some people believe that the contract leaves the Dominican Republic at a clear disadvantage, this is not the only reason for protest. For Holy Week, there is a planned 4-day pilgrimage walk that will depart from Km. Close E-mail to a Friend. 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. You have no more credits available: 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.
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. Close Share this content. 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. 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 If original contracts cannot be obtained, information is taken from public documents, presentations, news articles from BNamericas archives, and external sources.
Projects must have a:. 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 agreement, signed by state officials and mine operator Pueblo Viejo Dominicana Corporation, a Start a Free Trial. Barricck judging the timing of investment decisions for private projects, great care was taken to differentiate contrtao large projects receiving environmental approval and proceeding directly to construction, and smaller projects where the investment decision hinges on securing financing.
REPUBLICA DOMINICANA CONTAMINADA
Production at the mine contributed to a 1. This is a Free Account. Projects costs hold measured in US dollars. 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.
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 dominicanna of the project. If you want to have full access please Start a Free Trial Email address. Links Mines and Communities.