⛏️ More Oil, Fewer Rigs
The Resource Roundup
Good Reads
China is Hoarding the World's Gold
Whether the Chinese Central Bank's posture toward dollar-based assets has changed remains unclear from the outside, but its central bank has been at the forefront of a surge in purchases of the precious metal on the international market. Read on »
Newmont Rethinks Future in Gold-Rush Era Town After $15 Billion Deal
The world’s biggest gold miner just got bigger. That has left a Colorado mine with its origins in the gold-rush era facing an uncertain future. The company wants to raise some $2 billion from selling mines and rescheduling developments. Read on »
How The U.S. Is Pumping More Oil With Fewer Rigs
Production increases were driven by efficiency, particularly in Texas and new drilling methods, offsetting a decrease in active drilling rigs. U.S. crude oil production hit a monthly record in August 2023, with an average output of 13.05 million barrels per day, breaking the previous month's record. Read on »
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