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Montevideo, March 13th 2026 - 06:25 UTC

Tag: minerven

  • Wednesday, March 11th 2026 - 14:23 UTC

    Venezuela opens mining sector to foreign capital as US authorizes Minerven gold dealings

    The move gained momentum after a visit to Caracas by U.S. Interior Secretary Doug Burgum, who arrived with more than two dozen mining and minerals companies

    Venezuela this week took another step toward opening its extractive sector to foreign capital, while the United States authorized limited transactions involving Venezuelan gold. The National Assembly approved on first reading a mining reform pushed by Delcy Rodríguez’s interim government, as Washington issued a license allowing dealings with Minerven, Venezuela’s state gold company, just days after the two countries restored diplomatic and consular relations.

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  • Tuesday, March 19th 2019 - 20:59 UTC

    Venezuelan gold crisis: US imposes sanctions on state mining company

    “God will provide diamonds, gold, oil and riches for the people of Venezuela and the social happiness. God will provide. Amen, let's say amen,” implored Nicolás Maduro at a ceremony

    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.