Collection centers gold BCV were dismantled
This news has been read: 187 times

Published at 06:30 AM on June 04, 2009 | The National



The Central Bank of Venezuela will have to reopen the collection centers that existed in the mining areas to implement the resolution that forces companies to sell 60% of its gold production at the Central Bank.

Cyprian Fields, a spokesman for the unit Minera del Sur, reported that the local populations that existed in El Callao and Tumeremo were closed several years ago, when the agency failed to gain the gold for reserves of the metal to support the national currency .

Campos came to Caracas with a group of miners from the Bolivar state for the purpose of contacting the authorities to promote a regulatory change that, according to its assessment, it will cause unemployment and marginalization in this area of the country, because they would be forced producers to sell gold below the cost of production.

It also considers Cipriano Fields, the measure was unenforceable, because the miners sought ways to sell the metal to intermediaries who are willing to pay prices calculated based on the dollar swap market and the dollar is not as formal as the resolution states Central Bank.

There are now some 150 local municipalities with holding gold Bolivar involved in buying the gold produced by artisanal miners. These premises can not continue in this activity, at least legally, although Campos, the exchange rate differential is so high that the brokers he managed to purchase the gold miners who are unwilling to sell their work a lower price.

"We call on Chairman of the Central Bank of Venezuela, Nelson Merentes Minister Rodolfo Sanz and President Chavez to reconsider the resolution becoming effective then, mining companies will have to close their doors and stop in the street than 6,000 workers, said the spokesman for the mining communities of Bolivar state.

Expectation. Luis Alejandro Rojas, vice president of the Chamber of Mines of Venezuela, believes that until now there has been a direct impact on the extent of the BCV. "The whole world is waiting to see what will happen. The mourners are the producers of gold and is sensitive, we can not play with the investment, their treatment is a matter of state. This form of marketing requires a transparent platform in any business. "

Rojas pointed to the government decision to withdraw its approval of the mine to the company Brisas Gold Reserve. He said the company met all its obligations, brought investors to the country and devoted part of its effort to encourage communities and now the government decides to keep the mine and give to another company.

He added that in the last 10 years the government has said enough gold on the farm but nothing has changed, nor has an adequate regulatory framework designed to develop production.