Mining Arc News Today

Venezuela's socialist regime signed a deal with Turkey that will allow the Middle Eastern nation to mine gold in the Orinoco Mining Arc.

Venezuela's socialist regime signed a deal with Turkey that will allow the Middle Eastern nation to mine gold in the Orinoco Mining Arc.

EL CALLAO, VENEZUELA (AP) – Venezuela is known to have the world’s largest oil reserves, but its soil holds another valuable resource: gold. The government in 2016 established a huge mining development zone stretching across the middle of Venezuela to diversify its revenue. Seven years later, there is a proliferation of mines burrowing for gold, […]

Local authorities said that the killed miners were operating in a site that had been shut down a long time ago.

Local authorities said that the killed miners were operating in a site that had been shut down a long time ago.

Venezuela is known to have the world’s largest oil reserves, but its soil holds another valuable resource: gold.

Venezuela is known to have the world’s largest oil reserves, but its soil holds another valuable resource: gold. The government in 2016 established a huge mining development zone stretching across the middle of Venezuela to diversify its revenue. Seven years later, there is a proliferation of mines burrowing for gold, diamonds, copper and other minerals.…

Totalitarian regimes hold on to power with an iron fist. They are tough and lethal with those who oppose them but also apply similar rules for those within their inner circle. As Machiavelli said: “politics have no relation to morals.”

Adaptation to climate change, halting deforestation, protection of environmental leaders, implementation of the Escazú Agreement, and combating phenomena such as illegal mining and contamination of bodies of water are some of the challenges in Latin America.

Nicolas Maduro’s call follows a social media post by Leonardo DiCaprio. Yet, intergovernmental organizations and NGOs say illegal mining is fostered by his administration.