GlobalNews411

Comprehensive reporting, aggregated for speed.

allentown

Venezuela opens mining to private investors

Venezuela permitted private investment in its vast mineral reserves less than three months after reversing state control of the oil sector, a move described as in line with US demands.

Published Apr 9, 2026, 7:22 PM EDT | WFMZZ

On Thursday, Venezuela threw open the country’s vast mineral reserves to private investment. This move comes less than three months after the government rolled back state control over the oil sector, in line with US demands.