Venezuela’s President Nicolás Maduro announces 1-ton gold bar production for reserves, balancing mining growth with ecological protection under FANB oversight at Expo Metal 2025.

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Venezuelan President Nicolás Maduro announced this Monday significant progress in gold bar production to strengthen the country’s national and international reserves. During his speech at the closing ceremony of Expo Metal 2025, held in Bolívar state, Maduro highlighted the delivery of one ton of gold bars to the Central Bank of Venezuela (BCV), stating that this production meets strict international standards.

President Maduro emphasized that these gold bars are produced by Venezuelan miners and stressed the country’s determination to continue developing its mining capacity. “No one will be able to stop us,” he declared, calling on investors and artisans to work within a framework of ecological preservation. This reflects the government’s attempt to balance natural resource exploitation with environmental responsibility.

The president also acknowledged the role of the Bolivarian National Armed Forces (FANB) in protecting ecological areas such as parks, lakes, and rivers, suggesting a comprehensive approach to mining that includes both economic development and environmental conservation.

This announcement is part of the Bolivarian Economic Agenda, where the activation of the Mining Engine aims to diversify the country’s economy, which has faced severe economic crises in recent years. President Maduro highlighted that this achievement is part of a long-term goal to secure gold reserves, which could have significant implications for Venezuela’s economy and its position in the international market.

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