Dominican Republic Mining: Jobs vs. Environment - Expert Weighs In

Mining in the Dominican Republic: A Boon or a Bane? Economist Richard Medina weighs in on the economic and social impact of mining in the Dominican Republic. In a recent interview with El Nuevo Diario, Medina, an economist, offered insights into the industry's effects on employment, foreign investment, and the need for stronger local oversight. "The mining industry has generated a lot in the country and has generated high-quality jobs," Medina stated, emphasizing the positive economic contributions. However, he also stressed the importance of strengthening local governance and environmental regulations to ensure sustainable and responsible mining practices. The interview took place during a conversatorio on the present and future of mining in the Dominican Republic, organized by CODESS. Medina's comments shed light on the complex relationship between mining, economic development, and environmental concerns in the Dominican Republic, highlighting the need for a balanced approach to harnessing the industry's potential while mitigating its risks.