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Message: They note that violates the Constitution Mining Corporation

They note that violates the Constitution Mining Corporation

Government shows "desperation" for foreign exchange contracts miners

Government announced the creation of the Mining Corporation as signatory company PDVSA Industrial FILE
MARION LEON | EL UNIVERSAL
Wednesday January 30, 2013 12:00 AM
Official announcements of activating the exploration and development of gold mining in Bolivar State, under the tutelage of the Venezuelan Corporation of Mining and across blocks Guasipati-El Callao, Callao and South Sifontes, "are violating the Constitution" and demonstrate a "desperate" Government by "generate foreign exchange, and not by oil but gold source." Americo De Grazia, Deputy Commissioner of Energy and Mines and the National Assembly, Luis Rojas Machado, president of the Chamber of Mines of Venezuela (Camiven) agree that any agreements between the Republic and the Chinese group Citic in mining "must be debated and approved by parliament." De Grazia notes that these agreements are already in place and the legislature was not informed of them, so the Executive violated Articles 187, 301 and 12 of the Constitution which delegated to the National Assembly "authorization of national contracts with States or foreign government agencies or companies not domiciled in Venezuela." The government was "discovered" and now intends to "shield their actions", with the creation of a Corporation. Notes deputy Cause R "always found out by other governments and by the international news agencies" of the decisions taken by the authorities. This time, he says, "as oil Nothing more, seeks mortgage to the gold reserves of the country, by way of marketing. " Cubans, Iranians, Chinese Red Machado argues that the creation of this Corporation, which will be assigned to PDVSA Industrial, "it will fail as it has been managing PetrĂ³leos Venezuela, which is already one year leading the mining sector and the results are clear: the production is at a record low, and most mining companies operate far below capacity. " In his view the hiring of Citic Group to survey the country's mining geological information, "more like a business or negotiated by a desire to make other necessary work for the sector. mineral mapping has been done on more than one occasion and results have been used to define areas of mining concessions and "local. Adds economist that "this same government delimited areas and ended concessions based on existing information, which is technically very good. Additionally, the Venezuelan state associated first with Cubans and then Iranians to do this task, what happened to that effort that has been going 14 years? ". ? Certificates Gold? President of the House insists on the "desperation" of the Government for foreign exchange, Does the issue of gold certificates will be another alternative? "Several government spokesmen have referred to this, but it is not clear what we're talking gold" he says. "If it comes to issue debt on future production of the metal, this is a big lie, since actual production is quite poor for the financial needs of the country. Currently there are more than 200 kilograms of metal in monthly Minerven manages operations, ie, all the gold industry. " "If we talk of underground reserves," added Rojas, "no reservations as these have not been quantified by the State, or Did Cubans and Iranians did? All you have is what dealers discovered at Las Cristinas and Brisas, and this is in dispute, plus any production from this source will need a minimum of 5 years to develop. then we should be talking about the gold reserves in power of the BCV, which would be mortgaged? under this scheme? "http://www.eluniversal.com/economia/130130/senalan-que-la-corporacion-minera-viola-la-constitucion
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