U.S. prepares to take over Venezuela's mining sector

Not that Venezuela Has Done Such a Great Job With It. * * * Venezuela mining reform coming soon, acting president says, as U.S. official hails potential Bv Marianna Parraga Reuters Wednesday, March 5, 2026 Venezuela's interim President Delcy Rodriguez said today a reform of the country's main mining law will be submitted in coming days to the country's legislature, after a ​meeting in Caracas with U.S. Secretary of the Interior Doug Burgum, where the two officials hailed cooperation on minerals and a shared desire ‌to pave the way for investment. ... Dispatch continues below ... ... ADVERTISEMENT ... Buy metals at GoldMoney and enjoy international storage GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars. To learn more, please visit:  http://www.goldmoney.com/?gmrefcode=gata Burgum, who also heads the U.S. National Energy Dominance Council, arrived in the South American country earlier with more than two dozen U.S. mining and minerals companies, which he said could represent billions in investment and thousands of high-paying jobs for Venezuela. The visit is part of a U.S. push to open Venezuela to American investment, especially in oil, gas, ​and mining, as the Trump administration tries to exert more control over the country following a January U.S. raid that captured President Nicolas Maduro.  It is the ​second visit by a U.S. cabinet secretary since the ouster of Maduro, who courted the likes of China and Russia as allies. In ⁠public, Trump has heaped praise on Rodriguez for cooperating with the U.S. and hailed her again today, saying she is "doing a great job" and that oil ​was beginning to flow from the country. Rodriguez thanked Trump in her joint remarks alongside Burgum at the Miraflores presidential palace after their meeting. ... ... For the remainder of the report: https://www.reuters.com/world/americas/us-interior-secretary-meets-with-rodriguez-mining-companies-venezuela-visit-2026-03-04/ * * * Support GATA by purchasing Stuart Englert's "Rigged" "Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon: https://tinyurl.com/3xt6uw66 * * * Help keep GATA going: GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: http://www.gata.org To contribute to GATA, please visit: http://www.gata.org/node/16 Donations of $500 or more will entitle the donor to a 1-ounce silver round commemorating GATA's work: https://www.gata.org/sites/default/files/GATA-silver-round-front.png