The national government is now driving a significant geo-economic reorganization of territories around extractivism, with “Orinoco’s Mining Arch“ and “Orinoco’s Petroleum Belt“ as central projects. The appropriation of the last “virgin” areas of the country paves the way for new “accumulation by dispossession” processes, attempting to address the crisis of governability and accumulation model.
Venezuela concluded a week of meetings with representatives of the Kimberley Process on Friday in what has been hailed as the final steps towards the South American country’s recertification as an international producer of non-conflict diamonds.
Several dozen activists from Venezuelan social movements demonstrated outside the offices of state oil company PDVSA on Thursday in protest at the Maduro government’s decision to open up the 117,000 km “Orinoco Arc” to transnational mining firms.
In an open letter to President Maduro, the author raises concerns regarding a recent open-pit mining concession by the Venezuelan government to Canadian mining conglomerate Gold Standard, which is likely to have severe ecological repercussions in the South American nation.