Why Banks Now Treat Gold Like Cash
Basel III banking regulations have changed how banks treat physical gold. Banks can now count gold at full market value alongside cash and Treasury bonds when calculating their reserves. Most …
Useful metals get unearthed in U.S. mines, then they’re tossed
Many useful metals unearthed from U.S. mines are discarded. When mining operations dig for valuable metals, they often exhume ore containing other metals too. These by-product elements are usually treated …
Libya eyes revival of gas megaproject to deal with power lacks
(Bloomberg)– Libya’s state-run power company is suggesting restoring a multibillion-dollar natural gas project to reduce electricity lacks, an action that might additionally be a boon for a rival administration in …
Why Banks Now Treat Gold Like Cash
A small change to a Swiss regulation has created new opportunities in precious metals markets. In July 2025, Basel III banking regulations took effect in the United States for the first …
What makes chocolate taste so good? It’s the microbes
Like wine and cheese, chocolate has terroir, a sense of the place it was grown. Each bonbon or bar may carry unique flavors shaped by the soil, rainfall and temperature …
TotalEnergies awarded two exploration permits for offshore Nigeria
TotalEnergies (80%, operator), together with its partner South Atlantic Petroleum (20%), have signed the Production Sharing Contract (PSC) for the PPL 2000 and PPL 2001 exploration licenses offshore …
The Untamed Spirit of America in Your Pocket
The Indian and Buffalo iconography, deeply rooted in US history and Americana folk art, symbolize the country’s founding and the untamed wild West. These quintessential figures, a staple of American …
This lizard can tolerate extreme levels of lead
Cuban brown anoles have the highest blood lead levels of any vertebrate known — three times that of the previous record holder, the Nile crocodile.
Ten Permian counties account for 93% of U.S. oil production growth since 2020
Between 2020 and 2024, total crude oil and lease condensate production in the United States grew by 1.9 million barrels per day (bpd), 93% of which was produced from just 10 …
Why Today’s Prices Will Look Like Yesterday’s Bargains
“I wish I would have bought metal when it was lower.” “I wish I would have bought it last year.” My wife Shannon, who serves as President here at CMI, …