Trafigura and Minerven partner for responsible gold sourcing

The Swiss commodity trader Trafigura has entered into a partnership with Minerven, the state-owned mining company of Venezuela, to establish a responsible gold-sourcing program. This initiative is part of a pre-payment agreement for gold dore, a semi-pure alloy, and follows a significant overhaul of the Venezuelan gold sector. The move is supported by a license from the United States issued in early March, which allows for the purchase and refining of gold produced by the sanctions-hit miner.