Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

Free
Message: Sanz fixed position on transfer of Sidor

Sanz fixed position on transfer of Sidor

posted on Jul 12, 2008 06:13AM

Sorry a little ahead myself this morning...those last 2 comments are from this article this a.m.



Sanz fixed position on transfer of Sidor
Saturday, July 12, 2008
The government maintains that negotiations with Techint to determine the amount and payment of compensation for the nationalization of Sidor has been a source of much speculation. For now the owner and president of Mibam Sidor, Rodolfo Sanz, convened a press conference to mark the transfer of steel, which expects a clarification regarding the future of the company.

Natalie Garcia
ngarcia@... email address is being protected from spam bots, you need Javascript enabled to view it
Picture William Urdaneta



Rodolfo Sanz was entertainment with dances typical of the area, which enjoyed at the end of the act of People's Power Minister for Basic Industries and Mining (Mibam), and president of CVG and Sidor, Rodolfo Sanz, leaves no surprise at all with its pronouncements. This time stated in El Callao, during the act which announced the agreements reached in negotiating Isidora mines and La Camorra, which "should banish the phrase 'I will stop the plant', to me that gives me a clash in the brain impressive. "

However, it is worth recalling that it was the minister, it noted that "not cede to pressure or blackmail", who was responsible for encouraging employees Hecla, in April this year, to paralyse operations in light of some allegations human rights violations.

Indeed Sanz argued that the uncertainty regarding the ownership and exploitation of mines and Isidora The Camorra, whose stock is a new composition: 50 percent of the consortium Agapov and 50 percent of the Venezuelan State.

Nevertheless, in such call on Thursday, the minister supported his request in many places, especially those concerning agreements between the Russian company and Mibam to operate the two sites.

Background
This conflict began in April when a group of employees complained that the security of the American transnational Hecla controls to undress to check that no material stolen gold. Since then the conflict escalated, and the problems have gone on several occasions, claims the closure of the trunk 10 for several hours.

The people of El Callao in the sense that it has been served by the Mibam, good or evil has been with its inhabitants discussing the difficulties of the miners, a marginalized sector by the previous efforts. Within these plans Sanz reported that the minister in an effort to improve living conditions, is considering asking permission to president Hugo Chávez to draw funds from the CVG in investing in social works for the municipality.

Future benefits
The official added that among the agreements reached with the company Agapov, it undertook to do works of importance to residents of the towns surrounding mines and Isidora The Camorra, as is the placement of a water treatment plant drinking construction of a hospital outpatient capacity of ten beds and the creation of a school dining hall and Internet in El Callao, with a term of 18 months.

To monitor compliance with these aspects will be a commission composed of community, the union of mining and other representatives to ensure that the provisions be carried out successfully.

Must be submitted to the Venezuelan State 14 thousand hectares of concessions that the group had acquired Rusoro Agapov, and exploitation of mines will be contained under the joint venture.

It was also agreed to the entry of two hundred and fifty employees, which will be gradually incorporated based on a schedule that will be handled by that committee. "I do not want to come a matazón of counts, then the commission will establish the schedule without desespoir us," said the minister.

Meter at waist

If something Rodolfo Sanz wanted to make clear is that their management did not respond to radical behaviour. In relation to the miners said that they will have to wait and to the extent that a reasonable solutions solve.

Besides this showed their interest because President Chavez to go to El Callao act of resumption of mining operations plants. This must be effective within about two or three weeks' time.

Perhaps one of the most jocoso the end of the event, which during its performance by the officer became angry comments and lost a little composure, were the traditional dances offered by the group Family Ground, where he shared and even "moved the skeleton "to the rhythm of calypso, which left more than one breath taken away, but served to dispel tensions.


Share
New Message
Please login to post a reply