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Message: Bankruptcy worries of southern Bolivar state mining companies

About 3000 workers could be in the street
Decree of condemnation to bankruptcy BCV
mining companies

Unionists, contractors, community councils, employers and even the unemployed in municipalities located in southern Bolivar state, asking the national government and the BCV fair treatment in the marketing of gold to save the gold companies

William Perez Upata .- .- A massive assembly of unionists, workers, community leaders, contractors, employers and unemployed to the municipalities located in southern Bolívar state, was held yesterday at the premises of Rusoro Mining Company, El Callao, to petition the National Executive and representatives of the Central Bank of Venezuela to modify the decree that regulates the distribution and marketing of gold exploited by private companies, estimated at 70 percent for the BCV and the remaining 30 percent for gold companies.
The decree of the BCV applied since June 2009, is stifling economic gold companies, which have said they have operational capacity until the end of August, since revenues are insufficient to cover payroll expenses, inputs, social investment and plant expansion.
This situation jeopardizes the job security of more than 3000 direct employees who develop work in gold mining companies Roscio municipalities, El Callao and Sifontes, in addition to collapse of economic activities in the area south of the region
JUST NUMBERS
Leaders Eladio Rojas and Carlos Gonzalez, members of the union of heavy machinery and civil works in Bolivar State, as well as Douglas Robles, general secretary of the organization Union of Mineworkers of Guyana, the authorities asked the BCV to give private companies the same opportunities that give state enterprises, ie the ability to distribute and market the gold exploited in figures 50 percent fair to both parties. The union said the workers are to lose their jobs, while companies are directed rapidly to bankruptcy by a Caracas policies dictated by people who do not know the reality of mining in Bolivar state. They said that the union leadership is ready to fight head-on and require the government authorities a fair deal. "We're not asking for any benefits capricious or anything that is out of place. We only ask that the BCV will apply to private mining companies have the same conditions as private companies the state. "

UNTIL END OF AUGUST
For its part, César Rabottini, contractor Rusoro Mining mining company said that the decree of the BCV is severely punishing private companies engaged in gold mining since the percentages of distribution and marketing of the product are very unequal, also the low gold prices subject to official exchange rate. He fears that companies can withstand operating loads up to the end of August as the costs and expenses are exceeding profitability, this puts at risk the job security of a substantial amount of workers.
Discriminatory decrees

In this sense, José Manuel Rodríguez, president of Rusoro in Venezuela, said that private companies engaged in gold mining were discriminated by the decision of the BCV, which states that at least 70 percent of production must be delivered to the issuing body, leaving the remaining 30 percent to be marketed by the company, however, state enterprises have an equitable treatment of 50 percent for the parties.
Rodriguez said the government forces them to sell at prices that are competitive, below production costs, this means that with galloping inflation, falling two months in the disinvestment and total cessation of the business. Believes that this problem should be solved in a comprehensive manner, the development of these peoples is promoted to the mining industry. Calls to officials of the Central Bank to audit private companies to verify and understand the many flaws in the government are failing.

"We can not maintain the collective bargaining this year, we believed that the Central Bank said inflation would hold steady, but in two months we have noticed, as has been increased to 5%.

It also helps how difficult it is to channel dollars Cadivi, we have moved up to 14 months without currency and can not acquire in a parallel market to buy our products, "he said.
Finally, the President of Rusoro in Venezuela, said the Minister of Basic Industries and Mining (Mibam), Joseph Khan, the creator of the resolution of the BCV. "We have to sit down and find a solution, is to recognize that there has been good will, but everything has been word of mouth. We had no conversation tables, if they do not believe in our words to make a technical audit. "

http://www.diarioelprogreso.com
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