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NewsWhore
07-20-2007, 08:00 PM
Canada's Barrick Gold Corporation, one of the largest mining companies in the world, is completing feasibility studies on the gold mine in Pueblo Viejo. The project has a budget of US$2.3 billion. In addition to gold, the company has reportedly also identified 2.6 billion pounds of zinc, 358 million pounds of copper and 88 million ounces of silver. Diario Libre writes that one of the obstacles Barrick needs to overcome is the low quality of energy services in the DR. The mine at Pueblo Viejo is the oldest in the Americas and was first opened by the Spanish colonizers in 1505.

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