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The Dominican Republic is the larger of two Caribbean nations on the island of Hispaniola, with its smaller neighbor being Haiti. Often referred to simply as the DR, the Dominican Republic is increasingly developing a reputation as a small nation with big opportunities for gold miners.
The Pueblo Viejo mine, a 60/40 joint venture between Barrick Gold (NYSE:ABX,TSX:ABX) and Goldcorp (TSX:G,NYSE:GG) that achieved commercial production in January, has certainly helped boost the nation’s reputation.