Santo Domingo.- Customs Agency director Fernando Fernandez on Thursday affirmed that it was he who halted a shipment by Barrick Gold at Las Americas International airport Wednesday, and not on instructions from president Danilo Medina.
“I proceeded according to Dominican law, for now until the shipments are verified, there’ll be no shipments, not only from Barrick, but from all mining companies,” the official said on local TV.
He said Customs inspectors halted the export of the gold after the miner's executives refused to allow the verification of the shipment
The surprising measure has stoked the row between the Barrick Gold Pueblo Viejo Corp. and the government, after medina issued an ultimatum to the Canadian miner to renegotiate the extraction contract.
Written by: josean, 14 Mar 2013 12:46 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
The Good Cop Bad Cop Routine Begins!
Written by: generoso, 14 Mar 2013 12:51 PM
From: Dominican Republic, United States
This was a much needed clarification, that will furnish Danilo Medina with some maneuvering alternatives.
All that Barrick has to do now is renegotiate their own loan contracts with banks, and agree to extend the terms of the depreciation, instead of insisting in taking the depreciation of three billion US in the next two years, leaving the DR government coffers empty, without needed assets to Medina's government for public projects, including his proposed highway from Santiago to San Juan.
Written by: generoso, 14 Mar 2013 12:54 PM
From: Dominican Republic, United States
Next in the sable rattling melodrama, will be the news that the gold shipment was allowed to proceed for exportation. But Barrick will have taken notice that they need for the government to be agreeable, as well to conduct themselves as partners, and not carpetbaggers.
From: United States
Barrick Gold got caught trying to steal third base.
Written by: Gringo_1, 14 Mar 2013 3:07 PM
From: Dominican Republic, Maimon (Bonao)
Back-pedaling all ready. Nobody in their right mind believes this lackey took the initiative all on his own.
ABX comment ://business.financialpost.com/2013/03/14/barrick-says-pueblo-viejo-gold-shipment-halted/
Written by: generoso, 14 Mar 2013 3:14 PM
From: Dominican Republic, United States
Gringo_1
I read the article and it says clearly that the shipment was stopped by a customs order, plain as day.
Written by: zooma, 14 Mar 2013 3:23 PM
From: United States
What a good gov't employee, taking the heat for the president.
Written by: bernies, 14 Mar 2013 5:18 PM
From: United States, key west fl
Yea right the head of the customs agency takes the blame and today we have the president of Barrick flying in from Miami for who knows but we can always speculate that he came down to have round the table talks.
From: United States
Barrick made a gamble when they signed that contract as did the Dominican government. Now that the price of gold is very high and the Dominican officials see major profits they want more money.Typical Dominican business model. This should be a fair warning to anyone looking at investing in a legal business here.Don't do it.
From: United States
Veronica..
You are far from the truth..
Barrick Gold made a scam , and it was signed by government officials.I f you read the latest news worldwide that's how Barrick Gold operates.
The contract was made in such a way that Dominicans dont get NOTHING out of that contract.Barrick Gold are just a bunch of crooks and scamers.
If they want to do some mining in our country, they simply need to pay the taxes, clean their garbage , and do business in a FAIR way.Period.
Well done by Dominican government by the way..
From: Dominican Republic, calle A.Portes
well DR1 believes it was the President who gave the order and so do I ,,
From: United States
Don't cry like a woman, what you never defended like a man.!
Leonel is responsible for all of it.!!!!!!!
He is the Judas, pat him and you'll find 30 silver coins at his right pocket.
Right pocket.!!!!!!
From: United States
3 rows above me? ????
Is she Jewish????.
Funglode = Bill Clinton.
From: United States
I guess this is the beginning of the domino effect, one of many steps that eventually will improve the life of thousand of Dominicans.
That pot will be too hot for Barrick gold to handle.
Keep ignoring the Dominican President Barrick Gold..Keep ignoring us!
From: United States
Victor Manuel Rocha = Scumbag.
Jeb Bush quarter bag.
You'll scumbags.
From: United States
The United States of America is not the Bush or Clinton clan.
Scumbags you'll.
Written by: Gringo_1, 15 Mar 2013 8:38 AM
From: Dominican Republic, Maimon (Bonao)
Not to fan the fire, but the price of gold was higher when the President, the Senate, and the PLD unanimously approved the revised contract.
Written by: josean, 15 Mar 2013 11:22 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
The Barrick “Stold” Treasonous Contract has forced the Dominican People to Wake Up and to Stare in the Face of the Neo-Liberal Sellout Nightmare of Lie-onel and the PLD!
There is No Going Back!
Written by: josean, 15 Mar 2013 11:23 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
The Barrick “Stold” Treasonous Contract has forced the Dominican People to Wake Up and to Stare in the Face of the Neo-Liberal Sellout Nightmare of Lie-onel and the PLD!
There is No Going Back!
From: United States, NJ
Josean:
Remember we are dealing with ex-pirates decendants. There are many ways to get the Gold out
without having an accountability to the gvt., unless we put a geologist ,and our guys on site.
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The Good Cop Bad Cop Routine Begins!
All that Barrick has to do now is renegotiate their own loan contracts with banks, and agree to extend the terms of the depreciation, instead of insisting in taking the depreciation of three billion US in the next two years, leaving the DR government coffers empty, without needed assets to Medina's government for public projects, including his proposed highway from Santiago to San Juan.
ABX comment ://business.financialpost.com/2013/03/14/barrick-says-pueblo-viejo-gold-shipment-halted/
I read the article and it says clearly that the shipment was stopped by a customs order, plain as day.
What a good gov't employee, taking the heat for the president.
You are far from the truth..
Barrick Gold made a scam , and it was signed by government officials.I f you read the latest news worldwide that's how Barrick Gold operates.
The contract was made in such a way that Dominicans dont get NOTHING out of that contract.Barrick Gold are just a bunch of crooks and scamers.
If they want to do some mining in our country, they simply need to pay the taxes, clean their garbage , and do business in a FAIR way.Period.
Well done by Dominican government by the way..
Leonel is responsible for all of it.!!!!!!!
He is the Judas, pat him and you'll find 30 silver coins at his right pocket.
Right pocket.!!!!!!
Is she Jewish????.
Funglode = Bill Clinton.
That pot will be too hot for Barrick gold to handle.
Keep ignoring the Dominican President Barrick Gold..Keep ignoring us!
Jeb Bush quarter bag.
You'll scumbags.
Scumbags you'll.
The Barrick “Stold” Treasonous Contract has forced the Dominican People to Wake Up and to Stare in the Face of the Neo-Liberal Sellout Nightmare of Lie-onel and the PLD!
There is No Going Back!
The Barrick “Stold” Treasonous Contract has forced the Dominican People to Wake Up and to Stare in the Face of the Neo-Liberal Sellout Nightmare of Lie-onel and the PLD!
There is No Going Back!
Remember we are dealing with ex-pirates decendants. There are many ways to get the Gold out
without having an accountability to the gvt., unless we put a geologist ,and our guys on site.