Tag: gold

Thursday, July 16th 2020 - 09:29 UTC
Criminal gangs control Venezuelan Amazon mining gold, diamonds, coltan, UN report

Some gold, diamond and bauxite mines in the Venezuelan Amazon are largely controlled by criminal gangs who exploit, beat, and even kill workers, a United Nations investigation has found. Venezuelan security and military forces fail to prevent crimes and have participated in some violence against miners, the UN human rights office said in a report on Wednesday.
Friday, July 3rd 2020 - 08:50 UTC
Venezuelan gold: High Court rules UK “unequivocally recognizes” Guaidó as president of the country

The British High Court ruled on Thursday that the UK government “unequivocally recognized” Venezuelan opposition leader Juan Guaido as president of the country.
Wednesday, September 25th 2019 - 09:40 UTC
Fort Lauderdale Customs and Border Patrol catch Venezuelan smugglers of gold

Two Venezuelans have been charged in US federal court with allegedly smuggling US$5 million worth of gold bars into the United States in a private airplane. Jean Carlos Sanchez Rojas and Victor Fossi Grieco, who piloted the airplane, were arrested on Sep 20 at Florida's Fort Lauderdale Executive Airport after US Customs and Border Patrol (CBP) agents discovered the undeclared cargo in the airplane's nose.
Wednesday, August 7th 2019 - 09:00 UTC
Armed robbers steal US$ 2 million in gold coins from Mexico's mint

Armed robbers have stolen commemorative gold coins worth more than US$ 2m from Mexico's mint. Two men threatened guards at a branch of the Casa de Moneda in Mexico City before grabbing more than 1,500 coins from a vault, police said.
Wednesday, July 31st 2019 - 09:20 UTC
 Canadian mining firm apologizes and compensates demonstrators shot at Guatemala mine

Canadian mining firm has apologized after reaching an agreement with demonstrators shot and wounded while protesting the company's Guatemalan gold and silver mine, according to statements on Tuesday from both sides.
Thursday, March 21st 2019 - 09:45 UTC
Citigroup plans to sell US$ 1.6bn of Venezuelan gold held on collateral

Citigroup Inc plans to sell several tons of gold placed as collateral by Venezuela’s central bank on a US$ 1.6 billion loan after the deadline for repurchasing them expired this month, sources said Reuters, a setback for President Nicolas Maduro’s efforts to hold onto the country’s fast-shrinking reserves.
Tuesday, March 19th 2019 - 20:59 UTC
Venezuelan gold crisis: US imposes sanctions on state mining company

United States Treasury Department announced new sanctions on Venezuelan state-run ferrous metals mining Company, Minerven, and its President, Adrián Antonio Perdomo on Tuesday for promoting “illicit” gold operations that have continued to prop up the regime of President Nicolas Maduro.
Thursday, March 14th 2019 - 09:12 UTC
Union halts operations at Argentina's biggest gold mine

A strike at Canadian Goldcorp Inc’s Cerro Negro mine in Argentina has forced a halt to operations, the company said on Tuesday, calling the union’s action at its biggest mine illegal. Mining activities stopped when the strike by the Asociacion Obrera Minera Argentina (AOMA) union began on March 8, and processing is also now halted as surface stockpiles have run out, Vancouver-headquartered Goldcorp said in a statement.
Friday, March 1st 2019 - 13:05 UTC
Maduro moves PDVSA office to Moscow to avoid sanctions

Venezuelan Vice President Delcy Rodriguez announced at a press conference with Russian Foreign Minister Sergey Lavrov that the central office of state oil company PDVSA in Europe, located in Lisbon, will move to Moscow to guarantee the security of the country's assets abroad, which were delivered to the Venezuelan Parliament in other countries.
Thursday, January 31st 2019 - 09:25 UTC
Washington warns traders not to deal with gold or oil “stolen from the Venezuelan people”

The White House warned traders on Wednesday not to deal in Venezuelan gold or oil following its imposition of stiff sanctions aimed at forcing socialist President Nicolas Maduro from power.