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Gold/Mining/Energy : GoldQuest Mining Corp gqc.v

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From: LoneClone11/30/2022 2:18:48 PM
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Credit goes to onepath for finding this.

NP says Goldquest in a pickle in the Dominican Republic

2022-11-30 08:38 ET - In the News

The National Post reports in its Wednesday, Nov. 30, edition that Goldquest Mining found gold and copper in 2012 in the southwestern hills of the Dominican Republic. The Post's Tom Blackwell writes that by late 2015, Goldquest applied for an operational permit that would allow it to move to the next stage. Seven years and $44-million in investment later, however, Goldquest is still waiting for an answer. Two consecutive Dominican presidents have let the application languish, as a vocal protest movement led by environmentalists and politicians turn the mine into a partisan hot potato. The most prominent face of that protest is the senator for San Juan province, Felix Bautista, once named among the most corrupt individuals in the world and sanctioned under the U.S. Magnitsky law for allegedly ripping off Haiti's earthquake recovery efforts. He has held protest marches against the mine. Goldquest argues that opposition to the mine is built on lies -- primarily that the company will use cyanide to process the extracted minerals and draw water from a local river, both of which it has stressed repeatedly will not happen. In 2014 Transparency International named Mr. Bautista one of the world's 15 most corrupt individuals.
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