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October 19, 2022
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Almonte: Findings Reveal Country’s Mining Future Will Be Bright

Almonte: hallazgos revelan futuro minero del país será brillante

He said that the contribution of the mining sector to the gross domestic product ranges between 1.5% and 2%, which represents a significant figure.

the minister of Energy and Mines, Anthony Almonteconsidered yesterday that the latest findings promise that the country’s mining future will be bright.

Leading the opening of the XII Annual Conference of Mining Ministries of the Americas (CAMMA) at the Sheraton hotel, the official specified that some deposits have been identified and the process for granting definitive exploration concessions is under way.

He stated that the contribution of the mining sector to the gross domestic product (GDP) ranges between 1.5% and 2%, which represents a significant figure.

He considered that as mining grows, it is necessary to promote the creation and development of spaces for dialogue, as well as the education of citizens in relation to what the importance of mining means, due to the fact that some movements that are developed in some Communities of resistance to mining projects can sometimes delay the start of mining.

He stressed that the government’s commitment is to continue supporting the mining companies established in the country and the investment and exploration of new mineral deposits.

You can also read: What the Government thinks about mining in the DR

He argued that if the sector of free zonemining has been responsible for the growth of exports in the last decade, especially gold.

He indicated that despite the fact that the country has a small number of mining companies, the results of the sector have been extraordinary from the fiscal and export point of view.

He considered that the government has a commitment to responsible mining, which is one that guarantees environmental sustainability, and as a facilitator of the energy transition.

Respect for community rights

“From this management, the right of the communities to defend their environment is respected; We also ensure respect for local and foreign investments”, said the Minister of Energy and MinesAntonio Almonte. He considered that responsible mining implies compliance with the standards of transparency and institutionality with respect to the law.



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