Education continues. FYI, GLTA!Gold Quest assures environmental analysis will clear up doubts about the benefits of the Romero project October 16, 202223 WhatsAppTwitter The Gold Quest mining company, manager of the "Romero" project in San Juan de la Maguana, assured that the environmental and social impact studies in the area would clear up doubts about the viability of the initiative that aims to implement a socially sustainable, which translates into the transformation of the "Granary of the South". The president of Gold Quest, Luis Santana Pereyra, called on the community and the leaders of San Juan to give themselves the opportunity to learn more about the project, for which a technical and economic pre-feasibility study has already been approved. by the Ministry of Energy and Mines. If the approval of the President of the Republic is achieved for the environmental impact study, not only will benefits for the community be demonstrated, but they will also be able to learn about the natural mining process with a waste collection model that does not use chemicals for mining. extraction of minerals, emphasized Santana. Advertising The projected resource would be one million ounces with a tendency to triple the extraction of minerals by growing vertically, giving producers a guarantee of the sustainability of the agricultural sector. Santana explained that: Romero would be an underground mine 150 meters deep and with an environmentally friendly plant design where the metal would not be processed to separate gold, silver, copper and zinc, but would be concentrated in a paste to export and outside the country the extraction would be done. The CEO of Gold Quest affirmed that the company is committed to the economic and social transformation of San Juan, through the funds that would enter the community from the company when operations begin in the "Romero Project." Tied to the social commitment that moves us as a company, Gold Quest agreed to give, in addition to the five percent established by law, 8 percent, which means that we would contribute some five thousand 400 million pesos to the province in eight years to support the development plan for San Juan, which is one of the least favored demarcations in the country, he stated. He added that: This project would come to increase the levels of development in the region through the generation of job opportunities that in the construction phase would reach 1,000 vacancies and in the operation close to 3,000 between direct and indirect, in addition that it would be accompanied of social plans and projects that mitigate the environmental impact that currently exists in the areas of the San Juan river basin and the Sabaneta dam To date, the company Gold Quest has invested US$44 million since 2002 in geological investigations in the Dominican Republic to determine the feasibility of the deposit, explained Santana Pereyra. According to Dominican law, in order for mining projects to be developed, several stages must be completed, which are: exploration, economic feasibility studies, environmental and social studies, and then, based on these evidences, the development permit for the project is granted. Gold Quest is currently awaiting the approval of the environmental and social impact studies, which is what will allow them to determine the viability of the project. About Gold Quest Mining Gold Quest is a public mining company listed on the Toronto Stock Exchange, with Canadian, American and Swiss investors. Being its main investor the company Agnico Eagle, which is the third gold mining company in the world in market value, with more than 60 years of experience in responsible mining. TAGSGold QuestMining Previous article Margarita Cedeo says PLD will remain united regardless of the results of the consultation next article Dominican Republic registers 241 active cases of COVID-19 RELATED ARTICLESMORE FROM AUTHOR PLD highlights query fluency DP World signs agreement with the Santo Domingo water fund for the rescue and conservation of the Brujuelas micro-basin Abel Martnez highlights consultation transparency Loan portfolio of the financial system experienced interannual growth of 14.6% in June Guido Gmez warns that he will compete with Abinader for the presidential candidacy LEAVE A REPLY Comment: Name:* Email:* Website: Save my name, email, and website in this browser for the next time I comment. Logo ABOUT US La Revista Diaria, SRL of the Media Solutions Multideployment Group, SRL Located at Av. Rmulo Betancourt No.1306, Bella Vista Center, Santo Domingo 10111. PRIVACY POLICY Visit our privacy policy here FOLLOW US This page was designed and is maintained by Novos Ingeniera TIC, SRL