Minerven either does not support to sell gold to him to the Central bank of Vene
posted on
Jun 01, 2009 04:23AM
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
Minerven either does not support to sell gold to him to the Central bank of Venezuela | ![]() |
![]() |
Monday, 01 of June of 2009 |
The Mining Unit of the South asks to the public institutions, to investigate the business of gold produced in CVG Minerven.
Taking into account that to CVG Minerven costs 1,087 to him, 4 dollars to produce one ounce of gold and whose price in the international market has in the last been days 929 dollars, desbalance is demonstrated that only can be covered with the sale in the parallel market, where the price of the dollar doubles or triples the official dollar. The affirmation makes leaders of the Mining Unit of the South, who gave details of an investigation which they realised and they can demonstrate with numbers and testimonies that Minerven has stayed because the gold that it produces has come selling in the parallel market to a change average of seven bolivars by dollar. The declaration formulated Pablo Zambrano, Antonio Rivas, Rafael Log, Julio Cardozo and Cipriano Fields, managers of the Mining Unit of the South, organization who Integra with representation of small mining of the municipalities of the South, grouping itself to more 200 mining organizations, along with communal advice, professional unions, Chambers of Commerce and others. e. - The resolution of the Central bank of Venezuela - they are becoming it could noticeably affect the economy, the most important companies of the South and can lead to intolerable economic parameters, untying a financial crisis without precedents, taking, including the bankruptcy to several companies, between these CVG Minerven, company to which it costs to him to produce one ounce of gold, 1,087 dollars and in the international price, are in 929 dollars. And they say more: - The inevitable red balances could be appraised by discovery of the business of sale of gold to official dollar and its later conversion in parallel dollar, on the part of the buying companies that came taking 87% from the monthly gold production, to the detriment of the Central bank of Venezuela and of the workers and the social programs. The resolution of the Central bank of Venezuela, number 09.04.03, published in the Official Newspaper the 30.04.2009, establishes, among other things, that the gold producers must sell 70% to him to the Central bank of Venezuela and rest will be able to export it to 30% by means of guides whom to the effects, the same bank will send. The problem arises because until the appearance of the mentioned Resolution, the industrialists of gold had 70% of their gold production, to their own commercialization, indicating themselves that he was sold in the free trade. They ask to investigate companies involved in the transaction Our declaring ones express but ahead that the investigation that realised continues the establishment of responsibilities as far as the following details: to 1.Verificar estatus of legality of the companies involved in this denunciation and that are their legal representatives. to 2.Verificar the certification of origin of bottoms of these companies to establish if that money with which they formalized the purchase, allowedly is allowed. to 3.Establecer the degree of familiarity and manifest friendship of these industralists with the board of directors of Minerven. to 4.Determinar if the taxes of Mibam and Seniat honest or were cancelled, and to 5.Comprobar the route of commercialization of sold gold to establish the final destiny of the same. BOX Minerven sells gold in free trade By means of the presentation of technical references of gold sale on the part of CVG Minerven, our declaring ones affirm that the company has stayed by the price of the gold that finds in the parallel market. They express that by the end of the year past and first trimester of this year, Minerven sold its production to particular companies, not to the Central bank of Venezuela. These are the references. In December the Oromitur company, invoices 3,047, bought gold by Bs.F 6.233.000 Heddy investments made a purchase by Bs.F 12.179.234. VM Gold CA, buys by 1.000.000. January. The company Oronitur JM CA. Invoice 3054, I buy gold by Bs.F. 3.947.689, 54. Oromitur JM CA, invoices 3,056, bought for Bs.F. 3.143.067.63. February. Oromitur KM.CA, invoices 3,065, bought by the amount of 3.249.888, 47. VM Gold CA, invoices 3,066, bought gold by Versus. F3.468.032.00. Oromitur JA CA, invoices 3,070, bought gold by Bs.F.6.846.615.00. March. Company Inversiones R and R 2021 CA, invoices 3,082, bought gold by Bs.F. 7.217.236, 72. Ravalgu Gold CA, invoices 3,083, bought gold by Versus. F. 7.209.003, 04. Gold Designs Nur Bethlehem CA, invoices 3,152, bought gold by 3.019.794, 57. Partnership Argentum 20-21 of Venezuela, invoices 3,148, bought gold by Bs.F 17.050.975, 23. They clarify our informants who Minerven has the norm to sell gold trimestralment |