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Message: The russians no longer go away of the industry of gold

The russians no longer go away of the industry of gold

posted on Sep 21, 2009 07:17AM
Monday, 21 of September of 2009

According to the information that is had, the Russian group has arranged to maintain the auriferous investments compensated with other investments of much more force

  • Isidro Casanova.

Resolution 70-50 of the Central bank of Venezuela that determined the obligatory nature to the producing industry to sell to him, preferential, the gold produced in the country, operation which they considered disadvantageous, found a modification, locating it in 50-50, plus the extension to other businesses, reason why they solved to remain, ending the nervousness that hit to near 3 thousand workers who toil in the mentioned group, divided in several companies. The 50-50 talks about to that when modifying the resolution, the industrialist is forced to sell to the BCV 50% to him of its production, being able to commercialize in other markets, rest 50%. The problem that causes east type of operation submissive in the BCV obeys to that when the industrialist sells gold to him, they are pleased it in American dollar to the change in bolivars, 2,15, whereas in the call parallel market, the price of the dollar is much more high. New investments in Venezuela

According to the information that is had, the Russian group has arranged to maintain the auriferous investments compensated with other investments of much more force. Only the new Russian investment in the oil industry, announced by the president of the republic, Hugo Chavez, exceeds the billions of dollars, with other investments in different areas, could leave to gold like a marginal investment. The same president referred in one of his programs, the Russian industrialist Vladimir Agapov, indicating that she is an important Russian investor that operates in Venezuela. Certainly, Agapov has more than five years in the world of Venezuelan gold.

Indeed, the Russian capital, when it began the investments in the auriferous industry, was identified like Agapov Group. A time later was scattering them to the investments in companies and since then, Agapov does not appear in any of the new investments although it is maintained that the capital continues being of Vladimir Agapov. Kaolin is another support

In a reference, president Chávez also mentioned that Agapov is investing in the industry of kaolin, saying in addition, that Venezuela concerns good part of the kaolin that consumes.

In certain occasion entrevistamos to Vladimir Agapov, just when with his son and partner, Agapov son, he was in kilometer 88, where he assumed the kaolin deposit of that zone.

Agapov confirmed this reporter who the kaolin of kilometer 88 presented/displayed special characteristics that deserved a better study, reason why brought a group of Russian scientists, who evaluated the deposit and took a sample to the main university of Moscow, where he determined that the kaolin of Venezuela is the best one of the world, by its high purity and other kindness.

In that occasion we were informed that Venezuela matters near 60% of the kaolin that consumes the industry and 70% of imported kaolin, arrives with impurities.

Agapov confirmed that Venezuela will have a safe kaolin supplying, with the production that is going to initiate, for which, will have a plant of calcination in the kilometer 88 and another one of refinement in Ordaz Port, from where great exports will be realised.

Investments in kaolin and petroleum, could to compensate low yield of gold, product of price that pays the BCV, that according to affirms, does not compensate the investment.

The gold production is reinitiated

Although to the closing of operations of Hecla of Venezuela in the Gilded one, the producing gold plant was operative, entered receso and hundreds of miners invaded the patios where they were thrown during 20 years, the originating tails of the industrial processing. There were attempts of evacuation but due to the high tenor that registered and have the tails, the homeless miners returned at night and by a time they followed like the game of the mouse and the cat, they removed on the one hand them and by another one they put.

Lately, CVG Minerven, under the presidency of the engineer Luis Herrera, solves to transport in trucks, tails of the Camorra to process them in the Pebble, in Peru plant.

According to one inquired, the tails of the Camorra have a tenor superior to the 5 grams by ton. This tenor is high, because its processing does not require any type of earthwork nor other investments. He is to gather the material and to take it remolienda.

Beginning of the consolidation

In the middle of the difficulties that the Agapov Group presented/displayed initially by the price of gold given to the BCV, they tend to resolve itself with the extension of the investment in this sector, investment that is much more attractive, taking into account the fruitful relations that this investor maintains with the National Government. The quality of these relations has taken to the Agapov Group to become the first auriferous industrialist who Integra a socialist company.

One remembers that when the North American company Hecla of Venezuela gave to the concession of the zone the Camorra, located in margin of the Cuyuni river, in environs of the Gilded one, the negotiation on indemnifications by took them to the investments with Agapov. In that occasion, an executive of this Russian group confirmed that the Hecla company was requesting 25 million dollars by its assets. The consulted executive did not confirm nor denied the payment of that amount of money. The certain thing is that Hecla retired as investor of Venezuela and did not say if defendant went away.

This operation consolidates legally with the announcement of the creation of the Venrusca company, which assumes the operation of the mines that Hecla in the Gilded one had and the Pebble. The Venezuelan Antonio Urbina assumes so far, the presidency of the company. Meanwhile, the engineer Jose Manuel Rodriguez, president of the Group Rusoro and Agapov, when ratifying the structuring of this new company Russian-Venezuelan, said that the same has a high social content.

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