A man stands on a post with a stop sign as waves pass the seawall during the passage of Tropical Storm Isaac in Baracoa, Cuba, Saturday, Aug. 25, 2012. Tropical Storm Isaac pushed into Cuba on Saturday after sweeping across Haiti's southern peninsula. Isaac's center made landfall just before midday near the far-eastern tip of Cuba. (AP Photo/Ramon Espinosa)
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A man stands on a post with a stop sign as waves pass the seawall during the passage of Tropical Storm Isaac in Baracoa, Cuba, Saturday, Aug. 25, 2012. Tropical Storm Isaac pushed into Cuba on Saturday after sweeping across Haiti's southern peninsula. Isaac's center made landfall just before midday near the far-eastern tip of Cuba. (AP Photo/Ramon Espinosa)
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In this photo released by the U.N. mission in Haiti, MINUSTAH, a woman swims through flood waters in a low lying area affected by Tropical Storm Isaac in Port-au-Prince, Haiti, Saturday, Aug. 25, 2012. Tropical Storm Isaac swept across Haiti's southern peninsula early Saturday, dousing a capital city prone to flooding and adding to the misery of a poor nation still trying to recover from the 2010 earthquake. (AP Photo/MINUSTAH, Logan Abassi)
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A boy tries to take cover from the cold behind an appliance sitting higher than the floodwaters triggered by Tropical Storm Isaac in Port-au-Prince, Haiti, Saturday Aug. 25, 2012. Tropical Storm Isaac swept across Haiti's southern peninsula early Saturday, dousing a capital city prone to flooding and adding to the misery of a poor nation still trying to recover from the 2010 earthquake. (AP Photo/Dieu Nalio Chery)
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A couple sit on a bench under cloudy skies along the shore of Santo Domingo, Dominican Republic, Thursday, Aug. 23, 2012. Tropical Storm Isaac churned toward the Dominican Republic and Haiti on Thursday, threatening to strengthen into a hurricane. (AP Photo/Manuel Diaz)
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A fisherman walks home under cloudy skies along the shores of Santo Domingo, Dominican Republic, Thursday, Aug. 23, 2012. Tropical Storm Isaac churned toward the Dominican Republic and Haiti on Thursday, threatening to strengthen into a hurricane. (AP Photo/Manuel Diaz)
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Fishermen launch their small wooden boat in Barahona, Dominican Republic, Thursday, Aug. 23, 2012. Tropical Storm Isaac churned toward the Dominican Republic and Haiti on Thursday, threatening to strengthen into a hurricane. (AP Photo/Ricardo Arduengo)
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Carlos Eduardo Perez loads water into the trunk of his car as he prepares for Tropical Storm Isaac, Thursday, Aug. 23, 2012 in Hialeah, Fla. The center of Tropical Storm Isaac is moving west-northwest south of Puerto Rico. A hurricane warning is in effect for the south coast of Dominican Republic from Isla Saona westward to the Haiti-Dominican Republic. (AP Photo/Alan Diaz)
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Two men look out at the beach in Barahona, Dominican Republic, Thursday, Aug. 23, 2012. Puerto Rico and the U.S. Virgin Islands braced for torrential rains on Thursday as Tropical Storm Isaac whipped up waves as high as 10 feet (3 meters) in the Caribbean and threatened to become a hurricane that could take a shot at Florida just as Republicans gather for their national convention. (AP Photo/Ricardo Arduengo)
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A boy surfs a wave at a beach in Barahona, Dominican Republic, before the anticipated arrival of Tropical Storm Isaac, Thursday, Aug. 23, 2012. U.S. forecasters said Isaac will likely turn into a Category 1 hurricane by Friday as it nears the Dominican Republic and Haiti. (AP Photo/Ricardo Arduengo)
Mine company won't reopen Dominican contract
SANTO DOMINGO,
Dominican Republic (
AP) — The company that operates the huge Pueblo Viejo gold mine in the
Dominican Republic is resisting calls from the country's government to renegotiate its royalty contract.
Barrick Pueblo Viejo spokesman Jorge Esteva says in a TV interview that renegotiating the 2009 contract is "not on the table." Esteva said in an interview on the Antena Latina TV station that the company is willing to discuss measures to help the Dominican Republic with its budget deficit.
President Danilo Medina and both houses of Congress have called on the Canadian joint venture to re-open talks on the operating contract for one of the world's largest gold mining operations. Spokesman Andy Lloyd said Tuesday the company is discussing the issue with the government but the contract is legally binding.
Tags:
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