Dominican Republic Mining News

Monarch investment in Unigold's Dominican Republic project lights up stock

Quebec-focused Monarch Gold is taking a 14.2% stake in Unigold, whose Nieta project in the Dominican Republic has an open-pit inferred resource of 39.49 million tonnes.

Precipitate Gold purchases gold-copper project in the Dominican Republic

The project is adjoining Barrick and Goldcorp's Pueblo Viejo gold-silver mine.

Precipitate appoints former president & executive director of Barrick's Pueblo Viejo mining operation as advisor

Mr. Angeles-Lithgow will provide critical local and in-country expertise to augment the geological and business acumen of the Company's management team and Board of Directors - Jeffrey Wilson, Precipitate President & CEO.

These ten mines will make money – even if gold price falls to $550

Nevada gold mines keep "rocking the boat."

Barrick signs 10-year gas supply deal to make Dominican mine greener

Converting the power plant that feeds the Pueblo Viejo mine from heavy fuel oil to natural gas is expected to reduce the operation’s average cost of sales and all-in sustaining costs by about $54 per ounce.

Dominicans protest against EnviroGold’s operations

The protesters say the running water that they receive from local rivers has been declared unfit for human consumption.

Dominican province demands 5% of Barrick’s royalty payments

Residents say the federal government is not fulfilling its commitment to the city.

Dominican Republic presents Extractive Industries Transparency Initiative report

The country's reserves have been estimated at $60 billion for metallic and 40 billion for non-metallic resources.

Barrick to pay $20 million to settle Pascua-Lama arbitration case

Lawsuit was filed last year after the miner halted payments due to a local group.

Barrick mulls selling part of Peru mine, bringing partner — report

Rumours come a year after the gold miner vowed to spend $640 million to extend the life of Lagunas Norte, worth about $1.4 billion according to industry experts.

Chile’s Supreme Court casts shadow over Barrick’s plans to restart Pascua-Lama

The country's mining regulator will have to issue a new temporary closure plan for the project, including comments from other government offices.

Here's the latest scoop on Barrick's projects

The company is focusing on assets with the potential to add as much as 1.1 million ounces of gold to its total output beyond 2021.

Barrick’s gold output fell almost 10 percent in 2016

But lower all-in sustaining costs mitigated the impact of decreased production, preliminary full-year figures show.

Barrick Gold brings in new director to regain strength in Latin America

The gold producer said the region will play an increasingly important role in its growth strategy.

The world's hardest working gold mines

Ten gold mines that timed the gold price rally to perfection – Barrick owns four of them.

Barrick announces ‘drastic revision’ of Pascua-Lama, may add partner

Analysts believe that Barrick’s partner in Papua New Guinea, Zijin Mining Group, could be the one to help turn Pascua-Lama into a success.

Barrick braces for up to $3 billion in writedowns

The asset writedown is primarily related to two Latin American assets — Pascua Lama project, on the border of Chile and Argentina and Pueblo Viejo, in Dominican Republic.

Troubles in Dominican mine force Barrick to cut 2015 output forecast

Due to a mechanical issue detected at its jointly owned Dominican Republic-based mine.

Barrick Gold weighs deal for Dominican mine

Barrick Gold Corp. is considering raising funds from its key gold mine in the Dominican Republic, according to people familiar with the matter, as the world’s largest gold producer races to pay down its debt.

Barrick Gold denies having paid for expropriated lands in Dominican Republic

Barrick denied Monday having paid the families who own lands expropriated for the gold mine during the 1950's, and affirmed that it was the Dominican State which acquired the properties.

Glencore’s Dominican mine saved by the President

President Danilo Medina vetoed bill creating a National Park, which would have blocked the expansion of Glencore's Falcondo mine.

Glencore’s Dominican mine in limbo after national park plan approved

The country’s legislators approved this week a ruling that declares the region surrounding the mine a national park, affecting Glencore's ability to expand it.

Goldcorp’s profit down despite improved gold sales

The gold giant's ongoing dispute with Mexican landowners could affect 2014 production at its currently halted Los Filos mine.

Unigold's Dominican drill results thrill punters

Highlights at 22,600 hectare Neita concession include 38.0 metres averaging 5.13 g/t Au; enough to send stock soaring 30%..

Barrick slashes costs to the bone

Cutting average costs by $100 an ounce in 2013 and no new mines planned.