Venezuela presents IMF with economic roadmap centered on oil and mining

The Daily Journal.- Venezuela’s Vice President for Economic Affairs, Calixto Ortega, presented the country’s economic roadmap on Wednesday during a discussion in Bangkok on the sidelines of the International Monetary Fund (IMF) and World Bank annual meetings. The plan focuses on the oil and mining extractive industries. Ortega, a former president of the Central Bank […]

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Heeney Capital secures 30-year rights to operate and export gold from El Callao mine

The Daily Journal.- U.S. investment firm Heeney Capital secured rights to develop and operate the Chocó mine in El Callao, Bolívar state, and export its gold under a 30-year agreement with the Venezuelan government and the Venezuelan Mining Corporation (CVM). The project calls for an initial investment of up to $1 billion. Venezuela’s Minister of […]

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