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Goldquest Mining Corp V.GQC

Alternate Symbol(s):  GDQMF

GoldQuest Mining Corp. is a Canadian mineral exploration company. The Company is focused on gold and copper in the Dominican Republic. The Company holds 19 exploration permits (granted or under application) and one exploitation permit (under application) concessions in the Dominican Republic. These concessions are grouped into various districts. San Juan District, includes Romero (exploitation permit under application), Jenigbre-II (Jenigbre), Valentin-II, Loma Los Comios (actual Loma Los Limones), Loma Cachimbo-II (Loma Viejo Pedro), Los Gajitos and Los Lechones (together actual Alto de Los Chivos), Descansadero (actual Gajo La Guama), Tocon de Pino-II, Las Tres Veredas (actual Palo de La rosa), Piedra Dura-II, Tachuela Fase-II, La Guinea, Toribio (actual Arroyo La Vaca) concessions (Tireo Property). Jarabacoa District includes Monte Verraco and La Rabona concessions. Its regional exploration includes Loma El Catey, Loma La Damajagua, Hoyo Prieto-II and Recodo concessions.


TSXV:GQC - Post by User

Comment by Yonexxon Feb 18, 2022 3:58am
184 Views
Post# 34440819

RE:Almonte on mining / economics / community

RE:Almonte on mining / economics / communityThat did not copy paste properly. 

Almonte: the State has the challenge of continuing with mining exploitation and that the communities benefit
 
The Minister of Energy and Mines, Antonio Almonte, revealed on Tuesday that the main challenge facing the Dominican Government is to continue mining and that the communities surrounding these companies receive the benefits produced by these activities.
 
According to a statement reported today, Almonte assured that in these moments of economic crisis generated by the pandemic, mining activity has been a fundamental axis for the entry of foreign currency into the country.
 
It was indicated that when interviewed on the local television program, the engineer recognized that there is a problem in mining and that is that many communities surrounding the exploitation areas of these minerals have not been sufficiently paid directly.
 
He also stated that they work to ensure that these communities benefit directly from the wealth generated by mining.
 
The minister considered that there should be a different approach in relation to the five percent that is allocated to the construction of works in these areas as a result of the profits of the mining companies.
 
He also said that they are developing a plan of greater closeness with these communities so that the role that mining exploitation plays in the economic development of the towns is well understood and interpreted.
 
“Evo Morales did not stop mining in Bolivia, he redirected it, but mining continued; Correa did the same in Ecuador, the Chinese in China. There is not a single government that, due to some ideological sign, has moved away from the exploitation of mineral resources in the subsoil”, the official highlighted.
 
However, he assured that the Government also has to consider the reactions and positions of the social groups and communities surrounding the mining companies.
 
Antonio Almonte pointed out that mining exploitation in most countries has a component with fundamentals for and against, but that in any case, dialogue must be the mechanism to find a solution.
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