Illegal mine collapse buries gold workers in the Venezuelan Amazon

The collapse of an illegal mine in a remote region of the Venezuelan Amazon buried gold workers, leaving many injured and feared dead.

US to rescind Venezuela gold license after opposition candidate barred

The US will rescind a license awarded to Venezuela’s state gold producer after Nicolás Maduro’s government banned the opposition’s leading candidate from participating in elections this year.

Southern mining municipalities are the most violent in Venezuela

Mining News Pro - The three most violent municipalities in Venezuela are located in the southeastern Bolívar state mining area, a new report by the NGO Venezuelan Violence Observatory (OVV) shows.

Gold mine collapse in Venezuela kills a dozen people

Mining News Pro - The collapse of an artisanal gold mine in southeastern Venezuela near an Indigenous community killed at least 12 people, the government announced on Sunday.

Mine collapse kills at least 12 in southern Venezuela

Mining News Pro - Flooding collapsed a gold mine in southern Venezuela, killing at least 12 miners, local authorities said on Sunday, adding that the victims’ bodies were returned to their families.

Maduro exhorts Venezuelan army to combat environmental destruction caused by illegal gold mining

Mining News Pro - Venezuela’s head of state Nicolás Maduro publicly asked the Operational Strategic Commander of the Bolivarian National Armed Forces (Fanb) to ramp up efforts against illegal gold mining in the southeastern Amazonas and Bolívar states.

Iran ready to cooperate with Venezuela in mining field

Mining News Pro - Iran spearheads mining industries, he said, adding that Venezuela can supply the technologies it needs in this field from Iran.

London’s High Court rules against Venezuela’s Maduro in $1 billion gold battle

Mining News Pro - London’s High Court has rejected President Nicolas Maduro’s latest efforts to gain control of more than $1 billion of Venezuela’s gold reserves stored in the Bank of England’s underground vaults in London.

Hundreds of hectares of pristine rainforest destroyed by illegal mining in Venezuela

Mining News Pro - Over 1,200 hectares of pristine rainforest in Venezuela’s southern Bolívar state have been destroyed by unregulated mining operations and other illegal activities taking place within the so-called Orinoco Mining Arc.

London court to decide who controls $1 billion of Venezuelan gold

Mining News Pro - A London court is finally set to decide who controls more than $1 billion of Venezuelan gold stored in the Bank of England’s vaults.

Gold reserves at Venezuelan central bank down to new 50-year low

Mining News Pro - The Venezuelan central bank’s gold reserves dropped seven tonnes last year to a new 50-year low, according to financial statements published by the bank on Tuesday.

Rusoro to pursue $1.5b award against Venezuela following French Supreme Court ruling

Mining News Pro - The French Supreme Court, the Cour de Cassation, overturned a decision by the Paris Court of Appeal which had annulled part of the damages portion of the arbitral award granted to Rusoro Mining (TSX-V: RML) in its decade-long dispute with Venezuela.

Mali, Emirates facilitated Venezuelan gold trade in 2020, opposition says

Mining News Pro - Venezuela sent gold to Mali in 2020 via Russian-owned planes to exchange for euros and US dollars that President Nicolas Maduro`s government used to remain afloat despite US sanctions, an opposition representative said on Wednesday.

Crystallex closer to being paid off by Venezuela

Mining News Pro - Delaware District Judge Leonard Stark -almost- made Canadian miner Crystallex’s wishes come through.

Illegal mining, drugs fund thousands of criminals operating in Venezuela

Mining News Pro - The Chief Commander of Colombia’s Military Forces, General Luis Fernando Navarro, said this weekend that some 1,500 members of organized crime groups, including 18 bosses of the National Liberation Army (ELN) and 20 heads of dissident gangs, are now operating from Venezuela.

Crystallex asks US judge to approve sale Venezuelan oil refiner by January 2021

Mining News Pro - Canadian miner Crystallex asked Delaware District Judge Leonard Stark to set January 11, 2021, as the date to sell the shares of PDV Holdings, the parent company of refiner Citgo Petroleum Corp., which is owned by Venezuela.

Venezuelan Indigenous group rejects presence of state-owned mining company on their land

Mining News Pro - An indigenous community whose members belong to the Pemón First Nation issued a communiqué rejecting the opening of an office of the state-owned Venezuelan Mining Corporation in their traditional territory.

Iran hauls gold bars out of Venezuela’s almost-empty vaults

Mining News Pro - Out of cash and desperate for help in propping up its oil industry, Venezuela is raiding its gold vaults and handing tons of bars to its long-time ally Iran, according to people with direct knowledge of the matter.

Venezuela allows gold mining in river basins

Mining News Pro - Following the late Hugo Chávez’s style, Nicolás Maduro makes a fuss on TV every time his government makes a decision, no matter how big or small.

Illegal miners may spread covid-19 among indigenous communities in Venezuela, Brazil

Mining News Pro - Five NGOs that work for Indigenous rights in Venezuela issued a statement asking authorities to take immediate action against illegal miners operating in the Venezuelan and Brazilian Amazon, as they are likely to spread covid-19 in the region.

Rosneft sells Venezuelan assets as fight with US grows

Mining News Pro - Russian oil giant Rosneft PJSC sold its assets in Venezuela to the Russian government, in what may be a maneuver to avoid any U.S. sanctions in an escalating fight between Caracas, Washington and Moscow.

Ghosn getaway jet’s other job: ferrying Venezuelan gold

Mining News Pro - Trying to move tons of gold or whisk a dictator to safety? Need to extract a corporate executive from house arrest and spirit him across the world?

Criminal band kills at least three in Venezuelan mining town

Mining News Pro - Human rights organization Provea and opposition MP Olivia Lozano denounced that at least three people were killed following the incursion of an armed group in a mining town in southern Venezuela.

Venezuela has an Indigenous Mining Arc that is destroying national parks

Mining News Pro - Venezuelan scholar and forestry expert, José Rafael Lozada, is making public a series of videos where he demonstrates that besides the polemic Mining Arc of the Orinoco River, there is another mining arc devastating Venezuela’s Canaima National Park, which is a Unesco world heritage site, as well as the Caura National Park and the Southern Bolívar State Protective Zone.

Citigroup says Venezuela deal covered $1.6 billion in gold

Mining News Pro - Citigroup Inc. said it entered into a financing deal with Venezuela’s central bank in 2015 essentially using $1.6 billion of gold held at the Bank of England as collateral.

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