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    Venezuela Opens Its Gold and Rare Earths to U.S. Mining
    World News

    Venezuela Opens Its Gold and Rare Earths to U.S. Mining

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    49 Comments

    1. MRtokeALOT420 on

      Within days, a first shipment of $100 million in gold doré bars arrived in the United States, brokered by commodities trader Trafigura under a deal for up to 100 tonnes valued at approximately $165 million.

      The revenue, however, does not flow directly to Caracas: **proceeds are deposited in U.S. government-run accounts before being released to Venezuela under conditions dictated by the White House**— a financial architecture that critics describe as colonial extraction under a different name.

      So funds being directed to the white house while it gets divided up with inner circle members. In a time of laws will this have been considered a conflict of interest?

    6. DecembersDragons on

      >The mineral-rich zones targeted for investment — the 112,000-square-kilometer Orinoco Mining Arc — have been controlled for years by guerrillas, criminal gangs, and corrupt officials

      Sounds like we’re getting hired as the hit man again. 

    11. Equivalent-Moment-78 on

      The resources will not benefit average Americans or Venezuelans. It will go to Epstein class American billionaires. Period. And Venezuela was extorted to get this deal. Absolutely despicable.

    14. Cristian_Ro_Art99 on

      America is the same as Russia sadly. Both countries run by cunts who are obsessed with power and money and have absolutely 0 morals. Both countries are exactly as Nazi Germany or imperial UK, France, Spanish, Portuguese and Belgian empires were back in their colonial days. I just hope one day both the US and Russia will fall and be dismembered into smaller countries that can’t do harm to others.

    18. Hungry_Muscle_3051 on

      Disgusting. Americans will pretend they’re against it, while doing absolutely nothing about it. 

    21. grw313 on

      Let me guess, the brother in law of trumps secretary of commerce is an investor in the company that’s going to be mining these metals?

    24. Skiingfun on

      It’s exactly what pergozin and wagner and russia did to central afican Republic.

    28. realborislegasov on

      So the US is just gonna steal everything on earth and expect.. no consequences?

    34. Tevatrox on

      So, the US is stealing resources from other people AGAIN, like they are used to do since forever, like the dirty thieves they are. Fucking cancer of a country.

    36. Wooshmeister55 on

      We used to call this colonialism and then imperialism. This is not any different

    43. Freyzi on

      If any other country in the world did was the US was doing they would be sanctioned by the rest of the world and dragged through the mud. They just blatantly invaded another country, installed a puppet and now steal their resources. And because the world is broken and run by evil and pedophiles nothing will happen.

    48. RealisticEntity on

      >The revenue, however, does not flow directly to Caracas: proceeds are deposited in U.S. government-run accounts before being released to Venezuela under conditions dictated by the White House

      That’s not cool. Since the US appears to be dictating terms here, they could at least make this seem less like some form of colonialism. Is the US getting some sort of cut out of the proceeds of these sales?

      >On paper, the arc holds $500 billion in gold reserves, Latin America’s largest, plus significant deposits of bauxite, iron, diamonds, coltan, and potentially unconfirmed rare earth minerals that Washington covets

      …

      >the arc became a lawless zone controlled by Colombian ELN guerrillas, FARC dissidents, and criminal organizations like the Tren de Aragua, operating with the complicity of military officers and local officials

      That sounds like drastic action will be needed to get rid of armed gangs and lawlessness in that area if the US wants access to those resources.

    49. ThanklessTask on

      Or….

      ssshhhh, relax, open up, this will hurt less if you let us in.

      The fat mango has precedence.