US EditionU.S. Brought Back $100 Million of Gold From Venezuela, Interior Secretary Burgum Says
The U.S. returned $100 million in Venezuelan gold for refining after talks with interim President Delcy Rodriguez to boost mining and energy sector cooperation.
- On Wednesday, Interior Secretary Doug Burgum announced the U.S. physically returned with $100 million in Venezuelan gold, marking the first shipment of precious metals between the nations in over 20 years.
- Burgum's announcement follows his recent trip to Caracas, where he met with interim President Delcy Rodriguez for 10 hours to discuss mineral development following the January capture of former dictator Nicolas Maduro.
- American refiners will process the shipment, which contains roughly 98% gold content, for commercial and consumer use, confirming tightening commercial ties between the two countries.
- Rodriguez pledged to work at the "speed of Trump" to accelerate foreign investment, while Burgum seeks to reform a mining sector he described as "dominated by gangs."
- Opposition leader Maria Corina Machado advocated for full privatization of Venezuela's oil industry and stated that preparing for credible elections will require at least nine months.
24 Articles
24 Articles
Burgum: Shipment of Gold to U.S. from Venezuela Was First in 20 Years
The $100 million worth of gold the United States brought back from Venezuela a few weeks ago was the first shipment in quite some time, U.S. Department of the Interior Secretary Doug Burgum said Wednesday.
U.S. Brought Back $100 Million Worth Of Gold From Venezuela After Instating a Friendly President, Interior Minister Says
Interior Minister Doug Burgum said the U.S. brought back $100 million worth of gold from Venezuela earlier this month after he made a trip to the country.
The U.S. Secretary of the Interior, Doug Burgum, said this Wednesday that he took $100 million in gold from Venezuela for U.S. oil refineries. “After two days, we managed to bring home $100 million in gold, physically speaking,” said Burgum, who earlier this month visited Venezuelan territory along with a group of executives from the oil and mining industry to meet with the president-in-charge, Delcy Rodríguez. “There had been no shipment of pre…
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