Post by
Katoriff1 on Jul 03, 2022 11:59am
Interesting. Who go the 18 permits?
Economist: Mining concessions show nervousness of the Government facebook sharing buttontwitter sharing buttonlinkedin sharing buttonemail sharing buttonwhatsapp sharing button Economist Luis Vargas, Santo Domingo, DR The Government, through the Ministry of Energy and Mines (MEM), recently granted 18 mining exploration licenses to various companies and individuals for different types of metallic and non-metallic materials located in eight provinces of the country. Economist Luis Vargas, an expert in hydrocarbons and energy, explained that these three-year concessions, although they are the initial phase for future extractions, are surprised when there is no designated authority in the Ministry of the Environment. He explained that the authorities should talk about the necessary renegotiation of the exploitation agreement with the Barrick Pueblo Viejo company, adding that, given the rise in gold and silver prices on international markets, the country has no choice but to rethink the terms of this agreement. Vargas indicated that, before the country embarks on other explorations, it is necessary to redefine what he considers a discriminatory distribution of the added value or profit against the mining workers and the country. He added that the participation of the communities surrounding the mines must also be redefined. Be nice to know who got these permits. All 18 of them. GLTA
Comment by
Katoriff1 on Jul 03, 2022 12:01pm
Sorry about the rough copy. Was an article in Dominican Today on July 2, 2022. Be nice if GQC got one of the 18 permits. GLTA
Comment by
Katoriff1 on Jul 03, 2022 6:26pm
Thank you Krishak! Very kind of you to post it:) I agree with your recent post as well. Happy Canada Day WEekend to all! GLTA!
Comment by
RickyBobbyTO on Jul 05, 2022 8:44pm
They'd be stupid not to let foreign investors spend their money to prove up resources in their country. They'll let GQC, or anyone really, drill day and night if they like. Document their finds and put into their archives for later observation. It's who gets to take them out of the ground that matters.
Comment by
RickyBobbyTO on Jul 05, 2022 8:46pm
not saying it will happen here but many will bleed dry and sell their projects for pennies on the dollar. Only from "Xu Gotda Bigwang" come in and operate it later in exchange for the coveted password protected briefcase. Always the country risk with these places....