US issues license authorizing sales of Venezuelan gold

Source: San Diego Union-Tribune

“The U.S. issued a license Friday that authorizes dealings with Minerven, Venezuela’s state-owned gold mining company, in the latest sign of the Trump administration’s intent to exercise more control over that country’s natural resources. The license was issued after U.S. Interior Secretary Doug Burgum met in Venezuela with acting President Delcy Rodríguez this week, as well as with representatives of more than two dozen U.S. mining and minerals companies. Many of them previously operated in Venezuela. Burgum said Venezuela’s government gave security assurances to mining companies interested in investing in the country, where mineral-rich areas have long been controlled by guerrilla members, gangs and other illegal groups. Under the license, people and companies from Russia, Iran, North Korea and Cuba are not authorized to engage in any contracts with Minerven.” (03/06/26)

https://www.sandiegouniontribune.com/2026/03/06/venezuela-gold/