The bill addresses the detrimental impacts of illicit gold mining in Latin America, emphasizing economic, social, environmental, and security consequences; it aims to establish responsible gold value chains. The strategy involves law enforcement capacity building, cooperation with foreign governments, and engaging the mining industry. The bill focuses on deterring mining in environmentally protected areas, combating financing of illicit actors, and preventing misinvoicing of gold shipments. It requires regular briefings on strategy implementation, a classified briefing on illicit gold mining in Venezuela, and a rule of construction regarding the use of military force. It also amends the United States Code to include considerations for identifying money laundering concerns related to precious metals transactions.