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Message: They support decision on commercialization of gold

They support decision on commercialization of gold

posted on Jun 08, 2009 03:02AM
They support decision on commercialization of gold
Monday, 08 of June of 2009

Upata. - The leader of the Socialist Party United of Venezuela (PSUV) in the municipality To cheep, Aldrin Towers, described like positive the resolution of the Central bank of Venezuela, 090403, published in official newspaper the day 30 April since he comes to stop an excessive situation as for the commercialization of gold, on the part of the companies extractors which could place until the 85 percent in the international markets, without no type of control. “This Resolution establishes now that the 70 percent of the auriferous production must be commercialized in the country and the 60 of direct form to the central bank, of some way controls, everything what meant a speculative market with the currencies that these company they obtained in the outer product of the sales of our gold.”

High Prices.

It said Towers, that the last years the price of gold has come growing and at present the ounce quotes in almost thousand dollars troy, which makes be conceited that while there is the weakness of the North American currency before the Euro which the price of the metal could at any time break the historical barrier of 1033 $ by ounce.

“This means that today a kilogram of gold must be in the order of 31 or 32 thousand dollars. In such a way that it seems exabrupto, a somewhat abnormal exaggeration, that companies like PMG and the Agapou group, among them the Rusoro, say that in these circumstances of gold so lifted in their price, is not to him profitable the mining activity and are asking measured privileged them to commercialize. They are requesting and have received the support of unions and communal advice who say to be tie to the process that leads president Chávez, demand a special measurement to sell gold in the outside.”

It considered that an auriferous company would have some type of financial risk when the prices of the metal are below the five hundred dollars the ounce troy.

Recovery of the State.

Aldrin Towers, exhorted the national government to reclaim all the block “B” of the mining sector of the Pebble and on the other hand not to continue making businesses with company without real financial capital, since they are obtaining concession documents and soon they are going to realise businesses in the stock markets of the world.

“In the tactical mission of Rusoro Mining and PMG, they are for lifting the tenor of the material of operation of the mine Hit are making a mixture of materials with the Isidoro mine, which goes to be reclaimed of hand of Hecla and that can give in concession to the Agapou group in a mixed company with the Venezuelan state. CAA

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