Friday, September 24, 2010

New Clothes For A Pool Table

mining in Santa Cruz are charged 1% of mining royalties, but no budget for salaries and want to reform the pension system



This was said Horacio Gabriel, Camicruz, in dialogue with Time FM, who said that next week will meet to discuss Peralta the subject. On the other hand, both Gabriel Castro, AOMA, gave more details on the "Law Bonasso" that will in a few days the Senate.
yesterday's edition of the program The Stop Time FM interviewed the general secretary of the Santa Cruz Branch AOMA, Javier Castro, who said unions were concerned the progress of this project and said, "This kind of legislation that seek to impose only manages to go back in time and move to a struggle against federal unit. We made it clear that we will defend provincial autonomy for the defense of our own resources, "said the unionist, without forgetting that the discussion of this law is" politically motivated. "
"What we've done is adopt a position, I think we need a lot of our legislators from Santa Cruz and to define its position, considering whether to vote in Santa Cruz or the political position of its block. Actually, this bill is overwhelming for the autonomy of the provinces. "

Consequences
On the other hand, when asked how could affect mining projects in Santa Cruz the enactment of this law said, "so far have no impact, but we can not stay with that, because the law uses a term that deserves a thorough analysis and when talking periglacial areas. "Article 6 of this project is a prohibition of activities in the area periglacial while the article 15 establishing that all projects or undertakings of any kind which are linked to these carriers, must be reviewed and may eventually be arrested if it emerges that can produce some affected by this new interpretation. This can seriously compromise the continuity of the project termousina Rio Turbio, and even the continuity of the same YCRT mine. "
Castro finally said" So we need to take position because, thanks to total ignorance of a couple of legislators from the province of Buenos Aires can be put at risk an activity that in Santa Cruz employs more than five thousand people. "
Castro advanced that next September 30th will participate in the session of the Senate in Buenos Aires, where they define the future of the project. "We are also analyzing the performance of a mass demonstration, which from our point of view is much needed, but the move involves a major cost."

Energy and tourism
Another interviewed on the morning of Time FM, precisely in the "In a Time" was Horacio Gabriel, head of Camicruz, who said "this law in principle not affect the metal mining in Santa Cruz. We're talking about affecting other projects, so we are in solidarity with the productive sectors of the province of Santa Cruz, the energy sector, coal mining, the dangers of living for the coalfield, the ability to value our resources tour of the range, mainly Route No. 41 being built, the foundation of several towns. "

Controversial Stock
Gabriel, when asked on the other hand on the meager contribution made by the mining to the economies of the regions where the activity occurs through the royalties stated "it is a real figure of 7 billion pesos. We next week we will join with the Governor and his staff at Casa de Santa Cruz to discuss this issue of why Santa Cruz charges less than the maximum permitted by law, by a decree established a decade ago, when it was created Cerro Vanguardia. At that time as may be justified, but today we be able to take that 3%. Collect this top triple the amount of royalties that are perceived today. "
Gabriel continued:" Beyond this detail, all mining companies pay other federal taxes, which are sometimes not co-participation by the nation well. The Income Tax is 42%, also paying taxes on exports, which pays 10% if it is a product with less added value, while that paid 5% to withholding. On the other hand, usually mining companies have social responsibility policies are very strong in the communities where they thrive. For example is the case of Governor Gregores, where the mining Triton pay for each year around 50 million pesos in salaries, equivalent to five budgets of the municipality and providers being paid more than 20 million pesos. So what is missing is actually better distribute what our business is providing tax and other issues. "


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