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Latin America June 11, 2026

UMVA Exclusive: Interim President Delcy Rodríguez Announces Shock Re‑Opening of Venezuela’s Mines to Foreign Giants – The Race Is On!

UMVA Exclusive: Interim President Delcy Rodríguez Announces Shock Re‑Opening of Venezuela’s Mines to Foreign Giants – The Race Is On!

UMVA has learned that Venezuelan security forces unleashed a fierce assault on illegal gold miners deep in Bolivar State, sparking a dramatic clash that could reshape the nation’s mining future.

At dawn, the roar of two AS‑532AC Cougar helicopters sliced through the jungle sky, one circling like a vigilant hawk while the other unleashed a torrent of fire on a sprawling network of unregulated mines near the town of Las Claritas, just 125 miles from the Brazilian border.

The sudden bombardment shattered the silence of the illegal mining complex, sending plumes of smoke and dust into the air as gunfire echoed across the rugged terrain, a stark warning to the armed groups that have long held sway over the region’s precious veins.

According to information obtained by UMVA, the operation signals interim President Delcy Rodríguez’s determined push, backed by U.S. interests, to reopen the mineral‑rich heart of Venezuela to legitimate foreign investors.

Just a day before the strike, U.S. mining representatives toured the historic town of El Callao, a move that many interpret as a precursor to sweeping reforms aimed at taming the lawless gold rush that has plagued Bolivar.

The mines around Las Claritas are controlled by a powerful criminal “Sistema” led by Juan Gabriel Rivas Nuñez, known as “Juancho,” whose armed cohorts wield military‑grade weapons and have shown little inclination to surrender their grip on the gold‑laden ground.

Experts warn that dislodging these entrenched groups will be a grueling battle, as the militants are deeply embedded in the local economy and fortified by a network of illicit arms.

Bolivar State sits atop some of the world’s richest deposits of gold, bauxite, coltan and rare earth minerals, a treasure trove that has long attracted both legitimate and shadowy hands.

The illegal operations have a dark legacy of severe human‑rights violations, a fact documented in past investigations that detail forced labor, violence and environmental devastation.

At the center of the controversy lies the Las Cristinas concession, a mining license rumored to contain more than 12 million ounces of gold—ranking it among the ten largest gold deposits on the planet.

Originally seized from Canadian junior miner Crystallex during Hugo Chávez’s regime, Las Cristinas never saw lawful production, and a 2016 World Bank tribunal ordered Venezuela to pay over $1.2 billion in compensation—an award that remains unpaid.

Legal battles continue as U.S. courts have authorized the seizure and auction of PDVSA subsidiary shares to satisfy the lingering debt, keeping the dispute alive in international finance circles.

In this volatile mix of geopolitics, resource wealth, and armed crime, the recent military deployment marks a decisive, if risky, step toward reclaiming control over Venezuela’s mineral destiny.

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