Heeney Capital Secures Major Gold Mining Concession in Venezuela
News related to:Heeney Capital · 1 min read
HOUSTON, Sept. 16, 2026 /CourierPR/ -- Heeney Capital, a U.S.-based private investment firm, has secured a significant mining concession in Venezuela to develop a major gold project in the El Callao district. The agreement, signed at the G20 Energy Abundance Ministerial in Houston, Texas, marks a major step in the firm's efforts to establish itself as a leading critical materials producer in Venezuela.
According to Henry Heeney, Co-Founder of Heeney Capital, the project in El Callao has the potential to deliver sustained gold production, creating jobs and generating substantial economic value for the country. The deal is expected to attract up to $1 billion in investment, revitalizing the El Callao district and fostering economic growth through targeted community investments and workforce development.
The agreement with the Republic of Venezuela and Corporación Venezolana de Minería (CVM) is part of Heeney Capital's broader strategy to support Venezuela's resource sovereignty and long-term economic development.
Sean Pi, Co-Founder of Heeney Capital, emphasized the firm's commitment to adhering to the highest international mining and processing standards.
The project is expected to generate significant long-term economic benefits for Venezuela, including multi-billion dollars in tax and royalty revenue. Heeney Capital, known for its expertise in large-scale resource development, aims to build world-class, long-life operations that meet these high standards.
The deal is anticipated to catalyze the broader mining sector in Venezuela, potentially attracting additional investment and partnerships. With the El Callao district being one of the most prolific gold belts in the Guayana Shield, Heeney Capital's involvement is seen as a positive development for the region's economic landscape.
In summary, the signing of this mining agreement represents a significant milestone for Heeney Capital and Venezuela. It underscores the firm's commitment to sustainable development and economic growth in the region, while also highlighting the potential for international collaboration in the mining sector.