US EditionVenezuelan Lawmakers Advance Mining Reforms Sought by US
- The National Assembly of Venezuela advanced mining reforms promoted by the United States to gain access to critical minerals on Monday.
- The bill would increase private company involvement in Venezuelan mining and establish arbitration and dispute resolution mechanisms.
- The mining reform bill requires two rounds of debate in Venezuela's unicameral National Assembly before becoming law.
- The reforms aim to open Venezuelan mining endeavors to private companies, according to the draft seen by AFP.
33 Articles
33 Articles
Venezuela Advances Reform That Revokes State Control Over Mining Activities
The Venezuelan National Assembly preliminarily approved a new mining law on Monday as part of continued efforts to attract foreign investment to the country. Venezuelan Acting President Delcy Rodríguez had announced the new legislation last week during a visit from U.S. Interior Secretary Doug Burgum alongside mining executives and urged parliament to act “swiftly. Source
Venezuela advances mining reform to open its gold and rare earth to foreign capital TuBarco News The National Assembly approved in first reading the draft Organic Law of Mines, which opens the sector to foreign companies after the visit to Caracas of the U.S. Secretary of the Interior, Doug Burgum. International News. The National Assembly of Venezuela approved in first reading the draft Organic Law of Mines, a reform that replaces the regulator…
Venezuela’s fragile environment faces rising risks as US pushes for oil and critical minerals and illegal gold mining spreads
by Antonio Machado Allison, Wesleyan University, [This article first appeared in The Conversation, republished with permission] Venezuela’s Orinoco River Basin is a wild land of lush forests, grasslands and a vast delta of jungle wetlands teeming with wildlife. River dolphins and endangered Orinoco crocodiles ply its waterways, and over 1,000 freshwater fish and bird species can be found there. During the rainy season, the Orinoco is the world’s…
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