Dominican Republic

Glencore’s Dominican mine saved by the President

Cecilia Jamasmie | September 3, 2014
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

Cecilia Jamasmie | August 29, 2014
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

Cecilia Jamasmie | May 1, 2014
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

Frik Els | October 24, 2013
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

Frik Els | September 24, 2013
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

Frik Els | May 9, 2013
Dominican

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

Frik Els | March 19, 2013
Dominican

World number one gold miner contradicts earlier reports.

Dominican Republic halts Barrick's Pueblo Viejo gold shipment

Frik Els | March 14, 2013
Barrick slashes costs to the bone

Ongoing spat over royalties and profit sharing.

Barrick Gold fined in Chile, faces opposition in Dominican Republic

Cecilia Jamasmie | February 25, 2013
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

The Gold Report | February 25, 2013
Deutsche Bank opens $9 billion gold vault in Singapore

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

Mark Raguz: Technical best of breeds still a value

The Gold Report | February 20, 2013

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

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

Cecilia Jamasmie | February 11, 2013
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

Cecilia Jamasmie | February 8, 2013
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

Cecilia Jamasmie | February 6, 2013
Dominican Republic fast tracks mining permits approval

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

Barrick and Goldcorp Pueblo Viejo mine achieves commercial production

Cecilia Jamasmie | January 15, 2013
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.

Barrick upbeat on Pueblo Viejo despite protests

Mining Weekly | November 24, 2012
3d-puebloviejo0021-2

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

Frik Els | November 15, 2012
dominican republic environmental protests

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

Xstrata’s Dominican nickel project in UN’s hands

Cecilia Jamasmie | October 23, 2012
United Nations 333

United Nations Development Program (UNDP) representative, Valerie Julliand, announced Tuesday the body has agreed to the Dominican Republic’s government's request to review Xstrata Nickel’s environmental impact study for the Loma Miranda project, located in the country’s central region.

Goldquest plunges 33% on disappointing drill results

Marc Howe | September 25, 2012
plunge

Vancouver's Goldquest Mining (TSX.V:GQC) has dived 33% on heavy trading following the release of fresh drill results which fell below expectations.

Barrick’s 'world-class asset' begins production

Cecilia Jamasmie | August 14, 2012
Pueblo Viejo 333

The long-awaited debut of Barrick’s Pueblo Viejo, one of the largest gold deposits in the world, has finally arrived with the mine producing its first commercial gold.

PanTerra Gold pours first gold/silver dore in DR using new recovery process

Marc Howe | July 26, 2012
molten gold poured ingots

PanTerra Gold Limited (ASX:PGI) has announced it has poured its first gold/silver dore at its Las Lagunas project in the Dominican Republic using world-first technology.

Doesn't get any better than this! New Caribbean assays bring GoldQuest gains to 1,500% in just 8 weeks

Frik Els | July 19, 2012
tropical_island_business

The Vancouver-based gold junior's stock was worth a mere 7.5c when the first drill results from its Las Tres Palmas trend in the Dominican Republic was first released. By June 1 it had increased ten-fold. On Wednesday it gained another 22% after new drill results hinted just how rich the Romero discovery may eventually turn out to be.

Falcondo Xstrata mines without permit, lawmaker says

Dominican Today | July 11, 2012

La Vega province deputy Elpidio Infante on Wednesday said the company Falcondo Xstrata Nickel is exploiting Loma Miranda without the Environment Ministry permit.

Australian PanTerra Gold restarts operations at Las Lagunas gold and silver project

MINING.com Editor | June 20, 2012
New report says civil unrest threatens Dominican Republic mining

Australian PanTerra Gold restarted operations at its Las Lagunas gold and silver project, in the Dominican Republic, adding that the feed issues to the Albion carbon-in-leach processing plant had been resolved.

Dominican Republic: Sandy beaches, turquoise water and $58 billion waiting to be extracted

Cecilia Jamasmie | June 8, 2012
Dominican

The Dominican Republic is soon to become more than just a sunny destination. Data published by the country’s geology society claim the Central American nation is sitting on nearly $58 billion of unexplored reserves of minerals and metals.

GoldQuest Mining announces $5 million bought private placement

GoldQuest Mining Corp. (the "Company") (TSX VENTURE:GQC)(FRANKFURT:M1W)(BERLIN:M1W) is pleased to announce that it has entered into an agreement with Dundee Securities Ltd. (the "Lead Underwriter") on behalf of a syndicate of Underwriters including Stifel Nicolaus Canada Inc., Canaccord Genuity Corp. and Raymond James Ltd. (the "Underwriters") under which the Underwriters have agreed to purchase, on a bought deal private placement basis, 11,112,000 common shares (the "Shares") at a price per Share of $0.45 for total gross proceeds of $5,000,400 (the "Offering").

More »