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Re: carlosc post# 24360

Friday, 03/28/2014 7:19:39 PM

Friday, March 28, 2014 7:19:39 PM

Post# of 26631
Well MJ, lets see how you put a positive spin on this one. !uck me what the hell is going on around here ???

Eric De Leon and Onesimus Dominguez Union leaders Trabajares Mining Industry in Panama , said that the company Petaquilla has not been declared bankrupt, but filed the contract suspension against Mitradel , claiming that they have not given to maintain operating expenses .

The workers have been sent home for four months and some have been dismissed , without pay , plus a year ago the company deducts social insurance but do not pay for Social Security , according to the workers.

De Leon said the workers have noticed that the company pays to Social Security because when they come to receive care not attend because they have eleven months in arrears , which is a crime , why they will a claim against the company.

Definitely closing operations , workers warned of Petaquilla is threatening environmental and social safeguards .

Tubs are used to a depth of 30 meters and near rivers to process gold, that are not maintained and cared cyanide could end up polluting water sources that use large populations .

Moreover, they could be left tens income sources of households engaged in livestock and agriculture, and moved to the mining industry.

Petaquilla Gold settled in Panama in 2005 and five years is exporting gold.

According to De Leon , financial problems are due to two reasons: the loss of a grant of a mining company that tried to exploit in Spain and mismanagement of the mine in Panama .
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