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Foreign Investment in Mining Exploration in Venezuela: Impact and Challenges

Mining exploration in Venezuela has drawn the attention of foreign companies due to the abundance of mineral resources such as gold, iron, bauxite, coltan, and diamonds. While Venezuela’s underground wealth represents a considerable economic opportunity, foreign investment in this sector faces challenges related to the country’s political, economic, and social environment. This article examines the […]

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Maduro Approves State Exploitation of Cassiterite in the Orinoco Mining Arc to Strengthen the Venezuelan Economy in 2024

The President of Venezuela, Nicolás Maduro, granted exclusive rights to the state-owned Venezuelan Mining Corporation (CVM) to carry out exploration and exploitation activities of cassiterite and associated minerals in the Orinoco Mining Arc (AMO), one of the largest mineral extraction areas in the country. In a broadcast from the National Steel Complex in Caracas, Maduro

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How the U.S. Economic Blockade Affects Mining in Venezuela

The economic blockade imposed by the United States on Venezuela has had profound impacts on several key sectors of the country, and mining is no exception. With vast reserves of minerals such as gold, bauxite, coltan, and other strategic resources, Venezuela has looked to mining as an alternative to diversify its economy. However, economic and

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