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Dominican mining sector doubles collections

Dominican mining sector doubles collections

The Petroleum Mining Chamber of the Dominican Republic (CAMIPE) presented the Sector Report: Mining Macroeconomic Environment – ​​November 2025prepared by the firm Despradel & Asociados (DASA), which confirms the recovery and dynamism of the mining sector within the general performance of the national economy.

According to the document, while the Dominican economy grew 2.0% during the first ten months of 2025, the exploitation of mines and quarries registered an accumulated growth of 3.7% as of September, reversing the contraction of -6.5% observed in the same period of 2024.

Strong boost to exports and currencies

The report details that, as of October 2025, the exports mining companies reached US$2,087.3 million, which represents a year-on-year increase of 42.2%. In October alone, the FOB value exported amounted to US$274.6 million, an increase of close to 47% compared to the same month of the previous year.

Are exports They constituted 56.7% of the exports national and around 11% of foreign exchange currents generated by the country that month.

The report also highlights that the mining continues to position itself among the main generators of foreign exchangealong with remittances, tourism, free zones and exports non-mining companies, reinforcing their strategic role in the balance of payments.

Sales and tax collections on the rise

According to data from the General Directorate of Internal Taxes (DGII), the cumulative sales of the mining and quarrying sector totaled RD$119,644 million between January and September 2025, registering an interannual growth of 42.4%. Of the total, nearly 87% corresponded to exports.

In fiscal matters, collections from the mining sector amounted to RD$25,062 million per year. closing of the third quarter of 2025a figure that represents an increase of 109% compared to the same period of the previous year.

Foreign investment, employment and quality salaries

The flow of foreign direct investment (FDI) towards mining added US$420.6 million to the second quarter of 2025, equivalent to an increase of 439% compared to the same period in 2024. With this result, the mining It concentrated around 14.5% of total FDI, positioning itself as the third largest recipient after the electricity sector and tourism.

In the labor sphere, the records of the Social Security Treasury (TSS) show that the private mining sector employs 7,199 workers, a growth of 6.1% year-on-year. The average salary reaches RD$74,787.65, equivalent to 196% of the national average salary (RD$38,166.72), which reflects its contribution to formal, stable and better-paid jobs.

CAMIPE highlights achievements

“The behavior of the exportscollections and foreign investment confirms that the mining responsible is already one of the main pillars of the Dominican economy and a key source of foreign exchangequality jobs and development for communities,” he stated Martin Valerio Jiminianexecutive director of CAMIPE.

He added that “these results reaffirm the importance of having a regulatory framework modern, stable and competitive that allows consolidating the existing projects and make viable new investments“, always maintaining the highest environmental and social standards.”

Dominican Republic’s leading newspaper focused on general news and innovative journalism.

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