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Venezuela plans mining reforms to attract foreign investment after U.S. facilitated gold deal.
Venezuela’s interim president Delcy Rodríguez announced plans to submit a mining law reform to the National Assembly, aiming to attract foreign investment.
The move follows a visit by U.S.
Interior Secretary Doug Burgum, who facilitated a deal between Venezuela’s state mining firm Minerven and Swiss trader Trafigura to sell up to 1,000 kilograms of 98% pure gold dore to U.S. refineries.
The agreement, part of broader U.S. efforts to secure access to Venezuelan resources after the takeover of oil assets, coincides with rising global gold prices amid geopolitical tensions and a weakening dollar.
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Venezuela planea reformas mineras para atraer inversiones extranjeras después de que Estados Unidos facilitó el acuerdo de oro.