OFAC issues eight amended general licenses for Venezuela and eases contractual requirements

The Daily Journal – The U.S. Department of the Treasury, through the Office of Foreign Assets Control (OFAC), issued a package of eight amended general licenses related to Venezuela on August 27, 2026, along with updates to several frequently asked questions. The action seeks to redefine the scope of permitted operations for U.S. and foreign […]

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Gold Reserve Signed Agreement with Augusta Capital to Transfer 50% of Its Stake in Venezuelan Mining Project

The  Daily  Journal.-  In  mid-May,  Canadian  mining  company  Gold  Reserve  Ltd.  announced  the  signing  of  a  binding  preliminary  agreement  with  Augusta  Capital  Corporation  to  transfer  a  50%  stake  in  the  rights  and  interests  it  holds  in  the  Siembra  Minera  gold  and  strategic  minerals project, located in Bolívar state, southern Venezuela.  The  strategic  move  coincides  with  […]

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