{"id":1424,"date":"2013-02-27T16:25:42","date_gmt":"2013-02-27T21:25:42","guid":{"rendered":"http:\/\/www.juniorminingnews.com\/?p=1424"},"modified":"2013-02-27T16:25:42","modified_gmt":"2013-02-27T21:25:42","slug":"dominican-republic-rejects-barrick-deal","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1424","title":{"rendered":"Dominican Republic rejects Barrick deal"},"content":{"rendered":"<p><strong>By\u00a0Adam Williams<\/strong><br \/>\n<em>Bloomberg\u00a0<\/em><\/p>\n<figure id=\"attachment_1428\" aria-describedby=\"caption-attachment-1428\" style=\"width: 160px\" class=\"wp-caption alignright\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-1428\" title=\"medina160\" src=\"http:\/\/www.juniorminingnews.com\/wp-content\/uploads\/2013\/02\/medina160.jpg\" alt=\"\" width=\"160\" height=\"210\" \/><figcaption id=\"caption-attachment-1428\" class=\"wp-caption-text\">Danilo Medina, president of the Dominican Republic<\/figcaption><\/figure>\n<p>Dominican Republic\u2019s existing contract for the development of a $4 billion mine by\u00a0Barrick Gold Corp.\u00a0and\u00a0Goldcorp Inc.\u00a0is unacceptable and must be changed, President Danilo Medina said.<\/p>\n<div id=\"story_display\">\n<p>The government\u2019s contract with the two Canadian companies at the Pueblo Viejo mine needs to be revised to provide more benefit to the Dominican Republic, Medina said in his independence day speech to Congress today. If the contract can\u2019t be modified, the government will back legislation to increase taxes on expected export earnings of mineral companies, he said.<\/p>\n<p>\u201cFor every $100 of gold exports, Barrick will receive $97 and the Dominican people $3,\u201d Medina said. \u201cThat is simply unacceptable.\u201d<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2013-02-27\/dominican-republic-rejects-barrick-contract-on-4-billion-mine.html\" target=\"_blank\"><strong>Continue reading . . .<\/strong><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dominican Republic\u2019s existing contract for the development of a $4 billion mine by Barrick Gold Corp. and Goldcorp Inc. is unacceptable and must be changed, President Danilo Medina said.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[37],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1424"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1424"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1424\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}