March 5, 2026

Venezuela’s state mining firm signs deal to export 1,000 kg of gold to US

Venezuela's state mining firm signs deal to export 1,000 kg of gold to US

Venezuela’s state mining firm has secured a deal to export up to 1,000 kg of gold to the United States, following recent sanctions relief that permits commercial engagements with Venezuelan entities like Minerven. This agreement aligns with Venezuela’s efforts to boost gold production and improve hard currency inflows, as the U.S. administration seeks to enhance access to the country’s critical minerals through direct negotiations.

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