Venezuela to sell up to 1,000 kg of gold to US markets in new deal: Report

Venezuela’s state-owned mining company Minerven on Monday signed a multimillion-dollar contract to sell 650 to 1,000 kilograms of Gold Dore bars to commodities trader Trafigura for US markets, Axios reported.The contract required 98% final gold content, one of the sources said. Trafigura was set to shepherd the gold to US refineries under a separate arrangement […]

‘Illegal and hostile’: Venezuela claims US warship detained fishing vessel, crew for eight hours; accuses US of provoking conflict

The Venezuelan government said on Saturday that a US destroyer intercepted and boarded a tuna fishing vessel in the country’s Special Economic Zone, detaining it for eight hours.According to foreign minister Yván Gil, personnel from a US warship boarded the boat, which was carrying nine fishermen, while it was sailing in Venezuelan waters. Gil said […]