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Venzuela’s Maduro accused of allocating gold mines to Hezbollah

Iran to enter new gold rush era as nation reels from US sanctions

A Venezuelan MP has said that President Nicolas Maduro is exploiting the gold mines in his country to fund the terrorist operations carried out by Hezbollah and the Colombian groups that seek to destabilize the Middle East.

MP Americo De Grazia is leading an anti-regime campaign, saying Maduro deceives Orinoco Mining Arc and exploits the gold mines to fund Hezbollah.

Grazia confirmed that members of Hezbollah are there at several mines in Venzuela and that those mines have a reserve of around 7,000 tons of gold.

Hezbollah, according to Grazia, has two mines that were allocated to it by Maduro to finance its operations and serve agendas of the regime, which leads it, referring to Iran.


OMA is an extensive mineral belt spanning 111,843.70 km2, around 12.2 per cent of the country’s landmass, for mining gold, diamond, iron, copper, bauxite, coltan, among other resources.

The gold-rich area, with reserves that the officials estimate in 7,000 tons of gold, is almost entirely controlled by gangs, who carry out bloody battles to mark off the boundaries of their mining territories.

Last Modified: Thursday، 17 January 2019 11:18 AM