Energy independence won't be coming to the United States, since the rate of decline for unconventional wells is so rapid, says Oswald Clint, senior analyst at Bernstein Research.
Gold is at a 120-year high (at least) relative to US house prices. Likewise, it is at a 74-year high relative to US wages, at multi-generation highs relative to wheat, coffee and cocoa and at the same price relative to the cost of a Yale education as in the first decade of the 20th century.
New technology, and recent gas reserve discoveries, have altered the conversation about North American energy. Fortunately Visual Capitalist has put together a clever infographic outlining the demand, market and supply of natural gas.
Mountain Province Diamonds Inc. confirmed that joint venture operating partner, De Beers Canada Inc. has reported that the permitting of the Gahcho Kué diamond project is progressing on schedule. The 24-month environmental review is nearing completion with the final hearing scheduled in approximately four months.
Figures for second quarter rough and polished diamond exports have come in at P6.79 billion, representing a marginal five percent drop from the first three months of the year, Mmegi Business has established.