And the hits just keep on coming........UNREAL ! This company is run by a bunch of douche bags.
Feb 25, 2015 La Estrella
Canadian miner Petaquilla Gold Capital faces 14 orders of kidnapping, told La Estrella de Panama Eric De León, General Secretary of the Trade Union of Workers of the Mining Companies of Panama (Sitraeminp).
Against this, De Leon considers that it is virtually impossible for an investor to make an injection of money because there are commitments represent a high risk.
The thesis of union leader comes after Petaquilla Minerals LTD Sunday issued a press release in which it announced that Petaquilla Gold, its subsidiary, assign project management Molejón, where gold- located in Donoso, Province extracted Colón, Panama Sandstone Properties, SA granted a trust fund of $ 25 million for recapitalization structure.
While this is happening with the company, workers are seeking to secure payment arrears nine fortnights, totaling $ 5.58 million. Since October 2014, the kidnapped maintains Sitraeminp Petaquilla Gold and its subsidiary Panama infrastructure exists Development (PDI).
De Leon said that "practically the company is kidnapped, a portion of the property is in a reservoir and the other is in the area (mine) '.
He added that "this was done in order to ensure benefits for workers, because they are repetitive breaches of the company, and we knew it was going to come a time when you could not cope with the employment benefits'.
'We have all the assets of the company Petaquilla Gold hostages, including administration and project that is inventoried at $ 8 million, "said De Leon.
Workers have lost confidence in the mining company. The representative said Sitraeminp 'has lied to us repeatedly, both the authorities and the media, which hardly believe'.
The group of employees, through his spokesman, said also 'abducted by the company they feel they can not work elsewhere because they are registered in the form of the mine, preventing them from trading performance elsewhere work '.
According to the union, this worsens the economic situation of the employee. In fact, some have lost homes, cars, and even there have been arrests for child support.
To alleviate the economic problems of the 604 workers, the Government will award a social support.
Samuel Rivera, secretary general of the Ministry of Labor and Workforce Development (Mitradel), said that social support is a fortnightly payment of $ 100, for a period of two months, in addition to a school bond of $ 50.
'This is to help workers, and if the company were to pay overdue paychecks, government support is suspended' said Rivera.
The official said that the processes that lead to this mining company continue until the cancellation of outstanding employee benefits are achieved.
