I think NBeans already posted this. This may be an alternate translation. I apologize if this is redundant.

Still waiting on CVG Minerven
Tuesday, November 9, 2010
Unofficial sources reported that the gold is located in El Callao, is to gather the money needed to fund the commitment to workers.

Natalie Garcia
Photo William Urdaneta



The wait continues for the workers, which would be the first to collect the profits in the holding company CVG CVG Minerven employees since last Friday waiting for the cancellation of a bond that the company agreed with labor unions, in return for the wage gap they have in gold. The benefit amount is 10 000 Bs, and comprises the second part of the 35 000 initially agreed to enter the company and unions.

The aforementioned second part must be paid on 29 October but has not been because Minerven has not had sufficient liquidity to pay all employees at the same time. Also on Friday, 5 corresponded to pay the utilities, which has not been made.

Unofficial sources reported that the mine is looking for resources and is very likely that this week canceled the two benefits to workers, cutting through the shirking.

Minerven getting the funds and make the relevant payment would be the first holding company CVG to pay the utilities in 2010. On the other companies of the corporation is the fear that these utilities do not reach complete this year or else be canceled late. In 2009 Minerven profits paid in advance and in 2008 helped pay for the profits of companies like Alcasa.

The delay this year was due to a substantial decline in production caused by the divestment of work teams, as well as some alleged "sabotage" which originated earlier this year to the state trips had been producing at a rate of more 4 tons of gold annually.

According to spokesmen of the trade organizations will occur in 2010 just over 2 thousand kilos of gold, a figure they consider a decline in almost two decades as far as production is concerned.

Carlos Rodriguez, president of the Union of Professionals (simpro), said that while there is no cancellation of the bond or a reasonable and realistic explanation for the delay in payment will remain in permanent session to protest the situation.