Skepticism Could Hamper Mining Investment

DOMINICAN REPUBLIC - Report 16 Jul 2014 by Pavel Isa Contreras and Fabricio Gomez
Executive Summary Mining is clearly the Dominican Republic’s most dynamic economic activity. Mineral exports have climbed from less than 0.5% of goods exports in January 2010-March 2011, to more than 4% in April 2011-October 2012, and subsequently to more than 15%. In 2013, metallic minerals exports topped $1.4 billion, and from November 2012 to March 2014, $2 billion. Though this performance has been attributed to the decline of other projects, the DR has granted 14 other exploration concessions, and 164 other applications have been submitted. All concessions began in 2009, and are mainly ...

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