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How a corrupt Dominican senator is blocking a Canadian company's gold mine
By Tom Blackwell
National Post, Toronto
Wednesday, November 30, 2022
The Canadian mining company Goldquest had just enough money left in 2012 to sink two more boreholes in the southwestern hills of the Dominican Republic. If they turned up nothing, exhaustive exploration efforts would be for naught, similar to the vast majority of such searches worldwide.
... Dispatch continues below ...
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Tuesday, November 29, 2022
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Then, on number 14 of 15 holes, the team hit paydirt, literally. The core removed by the drilling pointed to a rich deposit of gold and copper, the estimate later being that it could deliver up to three million ounces of gold alone — about $5 billion worth.
By late 2015, the company had completed its feasibility study, including a plan Goldquest thought would temper any potential environmental concerns, and applied for an operational permit. That would allow it to move to the next stage — an environmental and social-impact assessment that was still no guarantee the mine could actually be built.
Decisions for or against such permits typically come within a few months in Canada.
But seven years and $44 million in investment later, the firm is still waiting for an answer. ...
... For the remainder of the report:
https://nationalpost.com/news/world/dr-senator-block-canadian-gold-mine
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