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Pueblo Viejo mine information


Pueblo Viejo mine
Location
Pueblo Viejo mine is located in the Dominican Republic
Pueblo Viejo mine
Pueblo Viejo mine
LocationCotuí
Sánchez Ramírez Province
CountryDominican Republic
Coordinates18°56′23″N 70°10′31″W / 18.9396°N 70.1753°W / 18.9396; -70.1753
Production
ProductsGold
Silver
Owner
CompanyBarrick Gold Corporation
Newmont Corporation
Websitehttps://puebloviejolugardevalor.com/en/
Year of acquisition2009 (operated 1975-1999 by Rosario Dominicana, S. A.
Local impacts
PollutionAcid mine drainage, cyanide, heavy metals polluting Maguaca and Margajita rivers and Hatillo Dam
Displaced65 families; additional 400-600 families requesting relocation, but denied
Jobs2,350 employees and 2,500 contractors[1]
Development$2.6 billion in tax revenues from 2013-2020; 2% of Dominican Republic’s GDP[2]

Pueblo Viejo mine is an open-pit gold and silver mine in the Sánchez Ramírez Province of the Dominican Republic where mining operations started in 2012 and expect to cease in 2041.[3] It is the largest gold mine in Latin America and 13th largest gold mine in the world.[4] The mine is run by Pueblo Viejo Dominicana Corporation (PVDC), which is 60% owned by Barrick Gold Corporation and 40% owned by Newmont Corporation.[3]

Pueblo Viejo employs approximately 2,350 employees and 2,500 contractors.[5] The economic activities of the mine represent 2% of the Dominican Republic’s gross domestic product[6] and Pueblo Viejo is the largest corporate taxpayer in the country.[7]

The mine has generated an environmental conflict, because pollution from the tailings dam and windblown particulates have contaminated rivers and killed local livestock who ingested the toxins.[8] Local communities say that the mine has ruined their lives and caused many health problems: skin lesions are common;[9] children are sickened by chemical vapors;[10] and agricultural land is no longer productive.[11] Local people have asked to be relocated away from the mine since 2013,[12] but the government nor the company have responded to their requests.

The company proposed to expand the mine in 2019, meeting with fierce resistance from communities in Yamasá who would be impacted by the expansion.[13]

  1. ^ "Annual Information Form". U.S. Securities and Exchange Commission. March 19, 2021. Retrieved August 11, 2023.
  2. ^ "Barrick's Investment in Pueblo Viejo to Boost Contribution". Zacks Equity Research. Yahoo! Finance. May 28, 2019. Retrieved August 11, 2023.
  3. ^ a b "Pueblo Viejo Mine". Mining Data Online. MDO Data Online Inc. Retrieved August 11, 2023.
  4. ^ Saleem, Fahad (January 22, 2023). "13 Biggest Gold Mines in the World". Yahoo! Finance. Retrieved August 11, 2023.
  5. ^ "Annual Information Form". U.S. Securities and Exchange Commission. March 19, 2021. Retrieved August 11, 2023.
  6. ^ "Barrick's Investment in Pueblo Viejo to Boost Contribution". Zacks Equity Research. Yahoo! Finance. May 28, 2019. Retrieved August 11, 2023.
  7. ^ "Barrick agrees to independent environmental studies for Pueblo Viejo expansion". Canadian Mining Journal. August 3, 2021. Retrieved August 11, 2023.
  8. ^ Herrera, Viviana; Morrill, Jan (December 2, 2022). "Water contamination at Barrick's Veladero mine threatens health and human rights". MiningWatch Canada. Retrieved August 11, 2023.
  9. ^ Ross, Kelsey (July 15, 2015). "Tarnished Medals". NOW Magazine. Retrieved August 11, 2023.
  10. ^ Saunders, Sakura (April 27, 2018). "Struggles from Papua New Guinea and Dominican Republic represented at Barrick Gold AGM". Toronto Media Co-op. Retrieved August 11, 2023.
  11. ^ "International NGOs Stand with Dominicans Opposed to Pueblo Viejo Mine Expansion". MiningWatch Canada. October 4, 2021. Retrieved August 11, 2023.
  12. ^ "Relocation Now, Mine-Affected Communities in the D.R. and their Allies tell Barrick Gold". Center for Human Rights & Global Justice. NYU School of Law. May 1, 2023. Retrieved August 11, 2023.
  13. ^ "The Canadian Mining Company Dominicans Call "Worse Than Columbus"". jacobin.com. Retrieved 2023-02-12.

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