DR1 Daily News - Dominican Republic

Cormidom, a Chinese-owned mining company, announced the suspending of zinc and copper mining operations at the Cerro de Maimón mine in central Monseñor Nouel province after not reaching agreements with the miners’ syndicate. The employees expected more cash in their annual bonuses. In 2022, the company was affected by a mining accident that cost millions of dollars in the rescue effort but ended with a good outcome for the workers. The incident affected the company’s profitability and annual bonuses were reduced.

Company president Paul Marinko said that as a result of the extreme and force majeure situation in which the company finds itself and to safeguard the integrity of its employees and future operations, the shareholders of Corporación Minera Dominicana (Cormidom) announced the suspending of production at the mine. Only maintenance activities will...