Doug Burgum

US Accused of Looting $100 Million in Gold from Venezuela

Interior Secretary Doug Burgum announced the successful repatriation of $100 million in gold from Venezuela, marking the first such shipment in over two decades. This transaction follows Burgum’s recent visit with oil and mining executives to meet with interim President Delcy Rodriguez. The gold, intended for U.S. refineries, signifies a broader U.S. interest in developing Venezuela’s substantial mineral and precious metal resources, which have been largely in disarray. Burgum highlighted the Venezuelan government’s desire for modern investment and improved environmental practices in its mining sector, contrasting it with the current state of artisanal mining controlled by gangs.

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