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news Mercopress 2026-04-10

Venezuela Passes Mining Law Opening Sector to Private Investment

Venezuela's National Assembly unanimously approved a new mining law that encourages private and foreign investment in the mining sector. The passage occurred amid civil unrest involving police repression of minimum wage protesters.


<p> <img alt="The law repeals the Mining Law in force since 1999, enacted by decree under then-President Hugo Ch&aacute;vez using special powers" height="80" src="https://en.mercopress.com/data/cache/noticias/109753/100x80/ve.jpg" style="float: left; margin: 0 12px 6px 0; border: 1px solid #333;" width="100" /> Venezuela's National Assembly unanimously approved on Thursday a new 131-article Organic Mining Law that opens the door to private and foreign investment in the minin...

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