Dominican Republic Mining News

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.

Barrick shares slide again after Dominican Republic deal

The end to an 8-month dispute over its flagship Pueblo Viejo mine sees ABX stock retreat 2.3%.

UPDATE: Barrick says Pueblo Viejo shipment released by Dominican customs

World number one gold miner contradicts earlier reports.

Dominican Republic halts Barrick's Pueblo Viejo gold shipment

Ongoing spat over royalties and profit sharing.

Barrick Gold fined in Chile, faces opposition in Dominican Republic

Construction work at Pascua Lama halted once again. Dominican authorities pressing for a “more favourable” contract in Pueblo Viejo.

Spotting the miners that can survive: Eric Coffin

In order to make wise investment decisions, gold investors must coldly assess economic realities.

Mark Raguz: Technical best of breeds still a value

Companies with cash and strong management continue to go unrecognized, says analyst.

Dominican Republic: Xstrata is safe, but Barrick should pay higher taxes

The country's Mining Agency said it would likely let Xstrata go ahead with mine expansion plans, but added Barrick's Pueblo Viejo contract should be reviewed.

Barrick urges the Dominican Republic to honour Pueblo Viejo’s contract

Local authorities are reviewing the contract with Barrick in a bid to make it “more favourable” to the country.

Dominican Republic fast tracks mining permits

Total process will take up to four months from the moment a company submits its application.

Unigold consents to acquisition of Americana by Malbex

In exchange for Unigold consenting to the acquisition, Malbex has agreed to issue to Unigold 13,000,000 common shares in the capital of Malbex.

Barrick and Goldcorp Pueblo Viejo mine achieves commercial production

After only five months of kicking-off operations at the Dominican Republic’s Pueblo Viejo gold deposit, one of the largest in the world, Barrick and Goldcorp said the mine has achieved commercial production.

Everton Resources Inc.: legal claim initiated

The motion relates to a transaction in which Everton sold certain mining claims in the Labrador Trough in 2009 and 2010.

Barrick upbeat on Pueblo Viejo despite protests

The miner expects protests against its $3.8-billion joint venture Pueblo Viejo to gradually decline as more people become aware of the economic benefits the gold mine will provide.

New report says civil unrest threatens Dominican Republic mining

Environmental protests are increasingly likely to cause delays and increase contract cancellation risks to nickel and gold mining.