US Seeks Expanded Access to Venezuela's Mineral Resources Amid Diplomatic Reset

Following a diplomatic reset, the US is seeking greater access to Venezuela's mineral wealth, including gold and other strategic resources. US Interior Secretary Doug Burgum recently visited Venezuela, encouraging American investment amid restored ties. The Trump administration issued a license permitting certain transactions involving Venezuelan gold in the US, signaling a thaw after the ousting of former leader Nicolas Maduro. Venezuela's mineral reserves include gold, diamonds, bauxite, and coltan, vital for various industries.