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Latin Times
Latin Times
Politics
Pedro Camacho

Rights and Environmental Groups Say Venezuela Mining Bill Could Pull U.S. Firms Into 'Blood Gold' Economy

Lump of gold (Credit: Via Unsplash)

A coalition of Venezuelan civil society, Human Rights and environmental groups is warning that a proposed mining law could draw U.S. companies into a system linked to illegal extraction, environmental damage and armed control of mineral-rich regions.

In a joint statement, organizations said the draft legislation under debate would "institutionalize ecocide" and enable the laundering of "blood gold" as Venezuela opens its mining sector to foreign investment.

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