Interior Secretary Announces Arrival of $100 Million in Venezuelan Gold

The U.S. Treasury recently authorized dealings with a Venezuelan state-run gold mining company.

U.S. Interior Secretary Doug Burgum (L) meets acting Venezuelan President Delcy Rodríguez, at the Miraflores Palace in Caracas, Venezuela, on March 4, 2026. Ariana Cubillos/AP

U.S. Interior Secretary Doug Burgum said that as of March 7, an amount of gold worth $100 million has been transported from Venezuela to the United States after the government authorized dealings with a Venezuelan state-owned gold mining company.

“That’s for both industrial purposes as well as other commercial uses,” Burgum told Fox News in an interview that aired on March 8.