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October 8, 2025
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The price of gold boosts mining exports

The price of gold boosts mining exports

He value of gold reached the 4,000 dollars per ounce in the international marketsan unprecedented figure that has skyrocketed the value of exports mining companies of the Dominican Republic.

According to the Oil Mining Chamber of the Dominican Republic (Camipe), the exports of the sector grew 46% year-on-year until August 2025, reaching 1,568 million dollars, with the gold representing 91% of the total.

The rebound in international prices, together with a sustained recovery in production, has placed the mining among the most dynamic sectors of the national economy.

Between January and August, the sector grew 5%, reversing the -12.5% ​​drop recorded in 2024. In July alone, year-on-year growth was 21%while sales reported to the General Directorate of Internal Taxes (DGII) increased 78%, totaling more than 16.7 billion pesos.

The tax collections coming from the mining They amounted to 15,205 million pesos in the first half of the year, which represents an increase of 116% compared to the same period of the previous year.

Foreign direct investment

Furthermore, the foreign direct investment Mining reached 175 million dollars in the first quarter of 2025, a growth of 390%, consolidating the country as an attractive destination for responsible capital.

The CAMIPE highlighted that this scenario reinforces the need to strengthen the administrative efficiency and the legal certainty in the approval processes of the Terms of Reference for Environmental Impact Studies, in order to guarantee that economic growth translates into sustainability.

The global context, with historical gold prices and a growing demand for strategic minerals, opens a unique opportunity for the country to increase its regional competitiveness and diversify your exports with environmental and social responsibility standards.

The Mining and Petroleum Chamber of the Dominican Republic groups 41 companies of the metallic and non-metallic sector and maintains its call to turn this boom into a state policy that guarantees stability, innovation and tangible benefits for mining communities.

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

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