dChan - Q Origins Project Archive

Nearly five centuries after Christopher Columbus first landed on the island Hispaniola in search of gold, Haiti's long-hidden mineral wealth is again in the sights of foreigners hoping to strike it rich. On the Dominican side of the island, two of the world's largest mining companies have teamed up to build a $3.1 billion gold mine that will reach full production this year. Now, other mining companies working in Haiti are buying up permits to explore more than half of the country's mineral-rich north.

Following centuries of deforestation and decades of foreign food imports and natural disasters that have wrought havoc on Haiti's agricultural sector, gold and other minerals represent one of Haiti's few remaining and unexploited natural resources. While the United States and other governments spend billions on post-earthquake relief and reconstruction, private North American mining companies hope to eventually strip out what could be billions of dollars worth of the country's gold, copper and silver deposits.

But if Haiti's traditionally inept and powerless government doesn't successfully regulate these foreign companies, the wealth may be stripped right out from under the Haitians who need it most. Haiti's mining bureau is underfunded and unprepared to monitor companies, and past handling of foreign investments leave little confidence in the ability or will of the Haitian government to distribute to the Haitian people what could be hundreds of millions of dollars in taxes and royalties companies would be obligated to pay once production begins.

https://pulitzercenter.org/projects/haiti-sitting-gold-mine