Bolivarian Government evaluates agreements with companies to optimize the operational capacity of the mining sector
Photo: Ministry of Ecological Mining Development and Basic Industries Press
Published at: 17/10/2026 07:17 PM
The Minister of Ecological Mining Development and Basic Industries, Héctor Silva, led a working meeting aimed at evaluating and strengthening agreements with allied companies, in order to consolidate the productive chain and the model of sovereign and sustainable mining in the country.
The meeting is part of the permanent monitoring policies instructed by the National Executive to optimize the operational capacity of the sector.
Minister Silva stressed that work has been being done on different points for a few months to consolidate optimal progress in mining work, with results that promote their development.
He also indicated that efforts are continuing to increase production through allied companies, and emphasized the strategic role of small mining in this process of productive promotion that is being carried out throughout the mining sector.
For his part, the director general of the Ministry's Office of Communication and Information Technology, Douglas Muñoz, presented the Mining Activity Governance System (SIGAM), a situation room designed to monitor the mining sector in Venezuela.
“This technological tool will guarantee absolute transparency, comprehensive traceability and effective control over strategic minerals,” he said.
For his part, the legal consultant of the Venezuelan Mining Corporation (CVM), Leonardo Valderrama, expressed his total willingness to start promptly the work of advising and reviewing documents. “The objective is to ensure that companies are in good standing and to provide them with the necessary support for their regularization,” he added.
Also participating in the installation and development of the plenary session were the Deputy Minister of Other Strategic Non-Gold Minerals, Jesús Mieres; the Deputy Minister of Artificial Intelligence and Technological Innovation for Mining Development and Basic Industries, Alejandro Martínez; the Deputy Minister of Investment and Mining Marketing Policies, Leonel Lacera; the Head of the National Mining Control and Inspection Service (SENAFIM) and other authorities in the mining sector.
With this initiative, the Bolivarian Government reaffirms its commitment to strengthening national mining activity, consolidating management based on transparency, economic growth and teamwork between the public and private sectors.
Mazo News Team