The Listin Diario interviewed Pedro Vasquez Chavez, general director of Mining, who announced that foreign companies have committed to invest RD$391.5 million in mining projects. He said that his department and the Corporate Mining Unit are hard at work to reactivate mining in the DR attracting foreign investment. He said that Grupo Carmelo S.A. will be exploiting a limestone deposit in the East, an investment of RD$183.2 million. Newmont Mining Corporation won the tender to explore the reserve known as Ampliacion Pueblo Viejo in Cotui. This is an investment of RD$83.2 million. Mali Mining Company won the contract for the exploration of the Neita reserve in Restauracion. This calls for an investment of RD$24 million.
