VENE · ECONOMIST
OFAC GENERAL LICENSEActiveMinerals

GL 54

GL 54 — Mining Sector (Gold and Non-Precious Minerals)

Issued

Mar 27, 2026

Expiration

No expiration

Authorized entity

Operadores mineros internacionales

Type

General

Scope

Authorizes operations in the Venezuelan mining sector including coltan, iron, bauxite, and gold outside the Orinoco Mining Arc.

Authorized activities

  • ·Operación minera con due diligence ESG
  • ·Exportación de minerales certificados

Prohibited activities

  • ·Operaciones en el Arco Minero del Orinoco con riesgo ambiental no mitigado

VENE · ECONOMIST Analysis

Fact
GL 54 (27 de marzo de 2026) reabre legalmente el sector minero VE para inversión internacional, excluyendo deliberadamente al Arco Minero del Orinoco.
Implication
CVG (Corporación Venezolana de Guayana) puede recapitalizarse con socios técnicos internacionales. Sectores hierro/bauxita/coltán no-Arco Minero ganan ventana de re-engagement.
Indicator to monitor
Anuncios CVG con majors mineros (Glencore, Anglo, Vale). Volumen exportación coltán certificado.

Official source

This summary does not constitute legal advice. The final determination of scope and applicability of any OFAC license requires consultation with qualified legal counsel and review of the official text published by the Office of Foreign Assets Control. VENE · ECONOMIST maintains this page as editorial reference for institutional investors.

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