Venezuela to sell up to a ton of gold to the US



03/05/2026 6:29 AM


According to Axios, citing sources, Venezuela's state-owned gold mining company, Minerven, has entered into a significant agreement to sell gold to the United States.



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One source states that as part of the agreement, Minerven is anticipated to deliver between 650 and 1,000 kilograms of Dore gold bars to the commodity trading company Trafigura.

The sources mentioned that Trafigura will provide gold to U.S. refineries through a separate agreement with the U.S. government.

The publication's sources also state that US Interior Secretary Doug Burgum, who arrived in Venezuela on Wednesday to talk about opportunities related to oil and mineral exploration, played a role in arranging the gold supply contract.

source: axios.com

 


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