Sales of Venezuelan Gold Spike Around World, Could Be ‘Fundamental’ to Maduro’s Survival

Sales of Venezuelan Gold Spike Around World, Could Be ‘Fundamental’ to Maduro’s Survival
Venezuelan regime leader Nicolas Maduro speaks at the presidential palace in Caracas on June 27, 2019. Yuri Cortez/AFP/Getty Images
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BOGOTA, Colombia—As oil revenue for Venezuela continues to stagnate, the Maduro regime is more reliant than ever on illegal gold exploited from lawless jungles in the south of the country, according to a recent report and leading experts on the topic.

The coveted mineral is being exported through an elaborate global network from the crisis-stricken nation to Europe, the Middle East, and the United States, where its origin is unidentifiable, an investigative project created by five media outlets across five countries has revealed.