"Venezuela's treasures are not only oil, there is gold and nickel", 06 January 2026

...Venezuela has long been known as the country holding 17% of global oil reserves, but the nation targeted by the United States also possesses mineral reserves such as coal, gold and nickel, according to official data...

Aside from oil, a 2018 Venezuelan government document also recorded coal reserves of around 3 billion tonnes.

In the same investor-focused report, the government said Venezuela’s nickel reserves amounted to 407,885 tonnes.

However, like crude oil, Venezuela’s mining output has declined, according to data from the US Geological Survey...