Kapé-Kapé says that guerrilla groups and illegal miners have joined forces and are destroying protected areas in the southern Bolívar state.
Venezuela Mining News
Confusion over who’s in charge in Venezuela may keep Crystallex International Inc. from collecting a $1.2B arbitration award.
Oil prices jumped to five-month highs this week, pushed higher by a bullish cocktail of supply outages, geopolitical unrest and a sputtering shale sector.
On the upside, the RNI report shows that 24 nations have seen improvements in their index performance.
This is the sixth round of sanctions since January by the U.S., which is seeking to wrest power and the military’s loyalty away from Maduro.
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.
Nicolas Maduro is under pressure at home and abroad, and being encouraged by the U.S. to go to “a nice beach somewhere far from Venezuela.” The question is where would -- or could -- he go?
The government sold a total of 73 tonnes of gold to two firms in the United Arab Emirates and another in Turkey.
The country is reaching for its last card as the deck collapses on President Nicolás Maduro’s failed regime.
You will face severe sanctions if you allow Nicolás Maduro to steal the gold that doesn’t belong to him.
I’m going to start bringing Russian and Turkish airplanes every week so everybody gets scared.
The country’s once vibrant exploration activity plummeted after Chavez came to power in 1999 and nationalized foreign companies’ mining licenses and assets.
Americas Market Intelligence says companies need to do their due diligence.
If the required steps to fully implement the amended settlement do not take place Crystallex will go back to court to seize assets linked to Citgo.
Constantly rising currency inflation means small amounts of gold are being used to pay for everyday staples.
A technical committee representing the coalition projected on Saturday a global oil surplus will resurface in 2019.
The company is investing more than $120 million, which is a first in the history of the South American country.
Nicolas Maduro said the sanctions are "crazy" and "schizophrenic."
Criminal groups fight to gain control of gold mines.
Settlement creates partnership that could lead to restarting production at Rusoro's former mines in the South American country.
The workers were killed in a gold mine in the southern Bolívar state.
The gold is meant as a more stable way for Venezuelans to hold their diminishing funds as inflation in the socialist nation runs at over 100,000 percent.
PDVSA filed an appeal requesting that a Delaware court vacate a decision granting the Canadian miner the right to seize its U.S. assets.
Venezuela’s once prosperous economy destroyed by corruption and mismanagement.
Higher production doesn't necessarily mean higher oil prices are entirely out of the question.