U.S. Interior Secretary Doug Burgum says Venezuela offers security guarantees to mining companies that want to invest in risky, mineral-rich regions. Burgum's remarks came Thursday, at the end of a two-day visit to Caracas for meetings with acting President Delcy Rodríguez, who was sworn in after U.S.
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Here's who is most at risk and symptoms to watch forThe sea is higher than we thought and millions more are at risk, study findsWhat to know about how GLP-1 medications might fight addictionBaby is born after the rarest of pregnancies, defying all oddsWhere is Rachael Ray now? She says she's thriving'Christ is king' becomes a loaded phrase in US political debates, especially on the rightVenezuela’s acting President Delcy Rodriguez, right, and U.S. Interior Secretary Doug Burgum shake hands after a meeting at Miraflores presidential palace in Caracas, Venezuela, Wednesday, March 4, 2026. Venezuela’s acting President Delcy Rodriguez, right, and U.S. Interior Secretary Doug Burgum walk after a meeting at Miraflores presidential palace in Caracas, Venezuela, Wednesday, March 4, 2026. Venezuela’s acting President Delcy Rodriguez, right, delivers joint remarks with U.S. Interior Secretary Doug Burgum at Miraflores presidential palace in Caracas, Venezuela, Wednesday, March 4, 2026. Venezuela’s acting President Delcy Rodriguez, right, and U.S. Interior Secretary Doug Burgum meet at Miraflores presidential palace in Caracas, Venezuela, Wednesday, March 4, 2026. Venezuela’s acting President Delcy Rodriguez, right, and U.S. Interior Secretary Doug Burgum shake hands after a meeting at Miraflores presidential palace in Caracas, Venezuela, Wednesday, March 4, 2026. Venezuela’s acting President Delcy Rodriguez, right, and U.S. Interior Secretary Doug Burgum shake hands after a meeting at Miraflores presidential palace in Caracas, Venezuela, Wednesday, March 4, 2026. Venezuela’s acting President Delcy Rodriguez, right, and U.S. Interior Secretary Doug Burgum walk after a meeting at Miraflores presidential palace in Caracas, Venezuela, Wednesday, March 4, 2026. Venezuela’s acting President Delcy Rodriguez, right, and U.S. Interior Secretary Doug Burgum walk after a meeting at Miraflores presidential palace in Caracas, Venezuela, Wednesday, March 4, 2026. Venezuela’s acting President Delcy Rodriguez, right, delivers joint remarks with U.S. Interior Secretary Doug Burgum at Miraflores presidential palace in Caracas, Venezuela, Wednesday, March 4, 2026. Venezuela’s acting President Delcy Rodriguez, right, delivers joint remarks with U.S. Interior Secretary Doug Burgum at Miraflores presidential palace in Caracas, Venezuela, Wednesday, March 4, 2026. Venezuela’s acting President Delcy Rodriguez, right, and U.S. Interior Secretary Doug Burgum meet at Miraflores presidential palace in Caracas, Venezuela, Wednesday, March 4, 2026. Venezuela’s acting President Delcy Rodriguez, right, and U.S. Interior Secretary Doug Burgum meet at Miraflores presidential palace in Caracas, Venezuela, Wednesday, March 4, 2026. government is giving security assurances to mining companies interested in investing in the South American country, where mineral-rich areas have long been controlled by guerrilla members, gangs and other illegal groups that mine with consent — and to the benefit — of officials and the military.acknowledged concerns about the security risks. The legal exploitation of mining in those unsafe, difficult-to-reach areas is part of the U.S. government’s phased plan to turn around the crisis-wrecked country. “We heard assurances in the meeting today and yesterday that if companies wanted to get to these areas, do due diligence, think about reopening mines, maybe even getting back to mines that they themselves were running 15 or 20 years ago, that this government would ensure their security,” Burgum said. Burgum, who leads U.S. President Donald Trump’s National Energy Dominance Council, postured that the illegal activity “created an economic opportunity where there was none,” but legal investments would bring a “superior economic opportunity.” Burgum became the latest U.S. official to travel to Venezuela’s capital, Caracas, to meet with Rodríguez, who was sworn in following theon critical minerals — some of which are abundant in Venezuela — and advances its plan to stabilize the South American country that was marred by a complex crisis for the entirety of Maduro’s near 13-year rule. The Republican administration is making bold moves to shore up supplies of critical minerals needed for electric vehicles, missiles and other high-tech products after China choked off their flow in response toin the poorly regulated industry. The elements niobium and tantalum, both considered critical minerals and crucial for smartphones and the batteries of electric vehicles, are extracted from coltan. Bauxite is processed into aluminum, which the U.S. also lists as a critical mineral. “I believe the steps we are taking demonstrate the goodwill to build this cooperation agenda in the energy and mining sectors, which will strengthen relations between our two countries for the benefit of the people of Venezuela and the people of the United States,” Rodríguez said on state television. A day earlier, Rodríguez announced that she would ask lawmakers to work on an overhaul of the country’s mining law to create conditions to attract foreign investment. Part of the changes will mirrorthat opened the door to privatization, doing away with a tenet of the self-proclaimed socialist movement that has ruled the country for more than two decades. Many foreign companies that invested in Venezuela, including in mining and oil sectors, saw their assets expropriated about two decades ago. Then, in 2016, Maduro’s government established a huge mining development zone stretching across the central area of the country to supplement flagging revenue from its dominant oil industry, which saw its production decline as a result of mismanagement, corruption and, more recently, U.S. sanctions.and the presence of criminal gangs, but ordinary Venezuelans continue to flock there in hopes of getting rich quick and escaping poverty. Officials and members of the military take cuts from the illegal mining revenue in exchange for allowing the operation of mines, access to fuel and other equipment and transportation of minerals.
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