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| The Pueblo Viejo mine is one of the largest gold mines in the Dominican Republic |
The Pueblo Viejo mine is one of the largest gold mines in the Dominican Republic. In 2014 Pueblo Viejo mine completed its ramp up and Pueblo Viejo now the only mine in the world with annual production of more than one million ounces of gold (100% basis) at all-in sustaining costs below $700 per ounce for the next three years (2015-2017).
The Pueblo Viejo mine is located in the south of the country in Azua Province, in the Dominican Republic, approximately 100 kilometres northwest of the capital city of Santo Domingo.
In 2009, Pueblo Viejo Dominicana Corporation (PVDC) was formed by Barrick Gold and Goldcorp to develop the Pueblo Viejo mine, Goldcorp holds a 40% interest and Barrick Gold Corporation 60% owning the remaining interest as the mine operator. And the Pueblo Viejo mine began commercial production in January, 2013
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