Minerven Archives - The Daily Journal

U.S. companies may supply technology and software to Venezuela’s mining sector

June 15, 2026June 15, 2026Tatiana Da GamaLeave a Comment

The Daily Journal — U.S. corporations may now supply goods, technology, software, and services to Venezuela’s mining industry under General License No. 54A issued by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). The measure took effect on June 10, 2026, under the signature of Director Bradley T. Smith. It amends […]

U.S. Eases sanctions on Venezuelan gold and authorizes commercial transactions with Minerven

June 15, 2026June 15, 2026Tatiana Da GamaLeave a Comment

The Daily Journal — The United States government has eased part of the sanctions imposed on Venezuela’s mining sector by allowing U.S. companies to trade, transport, and purchase Venezuelan minerals, including gold, under a new oversight and compliance framework established by the Treasury Department. The Office of Foreign Assets Control (OFAC) formalized the measure through […]