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Venezuela allows gold mining in river basins MINING.COM

2020-4-22  The Caroní river basin, pictured, where gold mining has been allowed, is the source of most of Venezuela’s hydroelectric power. (Image by Gabrielphoto985, Wikimedia Commons).

The Impacts of Gold Mining in Venezuela

2021-1-12  The large-scale mining project was launched in 2016 by President Maduro in response to the collapse of the oil industry. It is estimated that there are over 8,900 tons of gold in the Orinoco mining arc, making the Venezuelan gold deposit the second largest in the world.

Gold mining in Venezuela rampant with rights abuses

2020-3-9  Twelve percent of Venezuela, a country rich in natural resources such as oil, diamonds and uranium, is surfaced with gold and mineral deposits. In Venezuela’s southern Bolívar state, pro-Maduro civilian armed groups force miners to work, employing physical abuse and fear tactics to control gold

Venezuela: Violent Abuses in Illegal Gold Mines Human

2020-2-4  Illegal Gold Mining in Venezuela Click to expand Image Satellite imagery show a significant increase in the number and expansion of mining sites along Chicanan River in Bolivar State, Venezuela

Gold mining in Venezuela: a “perfect storm” of illegality

2016-3-11  Mining in Venezuela dates back to 1829 when 486 kilograms of gold were extracted, according to The Venezuelan Gold Book. ”Since then, mercury has been used as a way to extract as much gold

Venezuela's gold linked with corruption and violence CNN

2019-8-20  Most of the country’s gold reserves are thought to lie in Orinoco Mining Arc, Bolivar state. It is a vast stretch of land, most of it jungle, that spans more than 40,000 square miles from Guyana

Opinion The world must act to stop Venezuela’s

2021-2-23  Hundreds of mining sectors have been detected, including 59 illegal gold mining clusters in Canaima National Park, a UNESCO World Heritage site, and other protected areas, which are home to

Venezuela Unveils First Gold Processing Complex in Mining

2019-11-25  The mining arc has been heavily criticised by both pro-government and opposition groups for its impact on local ecosystems and indigenous populations, as well as its dependence on foreign investment and open-pit mining practices. Venezuela's expansive southeast has long been the epicenter of illegal gold mining, which the government has

Opinion The world must act to stop Venezuela’s

2021-2-23  Hundreds of mining sectors have been detected, including 59 illegal gold mining clusters in Canaima National Park, a UNESCO World Heritage site, and other protected areas, which are home to

Human Rights Abuse Rampant In Venezuela’s Gold Mining

2020-3-27  In Venezuela’s southern Bolívar state, pro-Maduro civilian armed groups force miners to work, employing physical abuse and fear tactics to control gold production. The Maduro regime allows the groups using these tactics to oversee gold mining operations.

Venezuela’s New Gold Rush Pulitzer Center

Venezuela’s New Gold Rush. On the brink of civil war, Venezuela goes all-in on large-scale mining. President Maduro's 'Mining Decree,' issued last year, opens up the Arco Minero, an area of 112,000 square kilometers rich with...

Venezuela’s Once-Promising Gold Mining Industry Is In

2018-5-10  “mining operations have been taken over by illegal miners, usually under the supervision of Venezuela’s army. The ensuing chaos and” by Alex Deluce via Zero Hedge. Not surprisingly, socialist Venezuela has defaulted on yet another debt. In 2016, it entered into an agreement with Gold Reserve, Inc. to repay 1.03B owed over a canceled mining project, as ordered by the World Bank.

Gold mining may be all that’s keeping Venezuela in

2019-7-23  The long road that starts in Ciudad Guayana, Bolívar state and heads southward marks the route of illegal gold mining in Venezuela. Hundreds of people travel the route each day in search of El

Venezuela's gold mining nationalised 9Finance

Last week, Chavez announced his intention to nationalise the country's gold sector in order to prevent "mafias" from exploiting Venezuela's natural resources. Illegal mining makes up 60 per cent

Treasury Sanctions Venezuela’s Gold Mining Company and

2019-3-19  Mining-related activities have also produced ideal breeding conditions for disease-carrying mosquitoes. Cases of malaria in Venezuela are on the rise, with a significant number of cases in gold-mining states. As the sole state gold processor in Venezuela, Minerven purchases gold from miners and melts it into bars.

Venezuela wants it's gold back and nationalizes it's gold

2011-8-23  1. Nationalising the mining industry, if history is anything to go by, is likely to lead to less gold production in Venezuela. A government controlled mining industry is likely to be less efficient than private companies would be. In fact the high likelihood is that before too long Venezuela won’t have a mining industry as the odds of further

How Venezuela's Stolen Gold Ended Up in Turkey, Uganda

2019-3-21  The total of gold exported by the BCV in 2018 was eight times higher than the 8.65 tons of internal gold production registered in Venezuela up to May 2018. It is unknown whether the 73 tons exported by Venezuela during 2018 came from the BCV’s reserves or from unreported production in the Orinoco Mining Arc.

The Maduro Regime's Illicit Activities: A Threat to

2020-8-13  In a desperate move to mitigate the gasoline shortage causing massive unrest across Venezuela, the Maduro regime paid Iran $500 million in gold bars for 1.5 million barrels of fuel delivered from April to June 2020. 27 Patricia Laya and Ben Bartenstein, “Iran Is Hauling Gold Bars Out of Venezuela´s Almost-Empty Vaults” Bloomberg, April 30

Venezuela’s New Gold Rush Pulitzer Center

Venezuela’s New Gold Rush. On the brink of civil war, Venezuela goes all-in on large-scale mining. President Maduro's 'Mining Decree,' issued last year, opens up the Arco Minero, an area of 112,000 square kilometers rich with...

Venezuela’s Once-Promising Gold Mining Industry Is In

2018-5-10  “mining operations have been taken over by illegal miners, usually under the supervision of Venezuela’s army. The ensuing chaos and” by Alex Deluce via Zero Hedge. Not surprisingly, socialist Venezuela has defaulted on yet another debt. In 2016, it entered into an agreement with Gold Reserve, Inc. to repay 1.03B owed over a canceled mining project, as ordered by the World Bank.

Venezuela: Mining, Minerals and Fuel Resources

In recent years, Venezuela’s mining and fuel resource sectors have been significantly affected by high inflation and decreasing prices for natural resources. Metals. Metal mining is an important part of the Venezuelan economy and Venezuela has 32 goldfields. Gold production for 2017 was the lowest since 1997, at 480kg, decreasing from 558kg

Venezuela's gold mining nationalised 9Finance

Last week, Chavez announced his intention to nationalise the country's gold sector in order to prevent "mafias" from exploiting Venezuela's natural resources. Illegal mining makes up 60 per cent

Venezuela’s Mining Arc: A Legal Veneer for Armed Groups to

2019-6-8  Venezuela claims to possess some of the largest untapped gold and coltan reserves in the world, and the country’s gold rush picked up when the president decreed the creation of a massive area of 112,000 sq km destined for mining, known as the Orinoco mining arc.

US Imposes Sanctions on Venezuela's State-run Gold Mining

2019-3-19  Gold bars. Photo: msn. HAVANA TIMES The US Treasury Department imposed sanctions against Venezuela’s state-run gold mining company, known as Minerven, the latest move by Washington to cut off the Venezuelan government’s finances, reports dpa on Tuesday.. According to the US government, mining and gold sales are a vital means of financial support for the government of

Illegal mining finances Venezuela's irregular groups

2021-4-26  Venezuela is the Amazonian country with the most illegal mines, approximately 680, and 59 of them are in Canaima, a territory that has lost 1,000 square kilometres to gold mining. AP/MATIAS DELACROIX Wayuu Indians wearing masks against the spread of the new coronavirus attend a meeting next to the monument of Cacique Guaicaipuro in Caracas

Venezuela wants it's gold back and nationalizes it's gold

2011-8-23  1. Nationalising the mining industry, if history is anything to go by, is likely to lead to less gold production in Venezuela. A government controlled mining industry is likely to be less efficient than private companies would be. In fact the high likelihood is that before too long Venezuela won’t have a mining industry as the odds of further

Bank of England Blocks Maduro’s Access to Venezuela's Gold

2019-1-26  Photo: Bloomberg retrieved The United Kingdom’s Central Bank has refused to comply with demands by the Maduro government to repatriate USD 1.2Bn in gold holdings for the second time in less than two months. Last December, Calixto Ortega (Venezuela’s Central Bank president) led a delegation to London, seeking access to part of the reserves; it was rejected by the BoE, due to “compliance

The Maduro Regime's Illicit Activities: A Threat to

2020-8-13  In a desperate move to mitigate the gasoline shortage causing massive unrest across Venezuela, the Maduro regime paid Iran $500 million in gold bars for 1.5 million barrels of fuel delivered from April to June 2020. 27 Patricia Laya and Ben Bartenstein, “Iran Is Hauling Gold Bars Out of Venezuela´s Almost-Empty Vaults” Bloomberg, April 30