Open-File Report 2014–1068
The structure of the gold mining industry in Venezuela has changed significantly since 1999 as a result of Government policy changes and industry response to these changes. This report documents the policy decisions that have affected the mining industry, discusses the response of the industry on a site by site basis, and suggests possible effects of these changes on the global economy. For the short term, at least, it appears that these changes have made Venezuela a more difficult place to invest for U.S. and Canadian companies, while investment by Chinese entities has been encouraged.
First posted May 7, 2014
For additional information, contact:
Part or all of this report is presented in Portable Document Format (PDF). For best results viewing and printing PDF documents, it is recommended that you download the documents to your computer and open them with Adobe Reader. PDF documents opened from your browser may not display or print as intended. Download the latest version of Adobe Reader, free of charge.
Wilburn, D.R., 2014, Events affecting gold exploration in Venezuela since 1999: U.S. Geological Survey Open-File Report 2014–1068, 8 p., https://dx.doi.org/10.3133/ofr20141068.
ISSN 331-1258 (online)
Legislative Actions and Industry Response