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US Firms Secure Venezuelan Gold and Oil Deals

Venezuelan authorities signed deals granting Heeney Capital rights to a gold mine and setting terms for Continental Resources to develop an oil area. The agreements are part of a push to reanimate commodity output.

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Continental Resources Executive Chairman Harold Hamm looks on during CERAWeek in Houston, Texas, U.S., March 12, 2025. REUTERS/Kaylee Greenlee

United States investment firm Heeney Capital secured a 30-year operational and export agreement for a gold deposit in Venezuela Wednesday afternoon, committing up to $1B in initial capital.
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