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DR renegotiates contract with Barrick Gold

The Medina administration has announced contract renegotiations with the Barrick Pueblo Viejo gold mine in Sánchez Ramírez province could generate an additional US$181 million in revenues for the government during 2017-2019. The renegotiation was carried out by technicians from the Ministry of Energy and Mines and the Taxation Agency (DGII).

The government reported that Barrick had presented estimates for revenues for US$446.9 million that were then increased to US$628 million, providing for the additional revenues for the government.

Source: DR1, Presidencia

May 19, 2017

Category: DR News |

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Last updated December 17, 2017 at 1:23 AM
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