Goldman says ‘buy commodities now, worry about recession later’

“Our economists view the risk of a recession outside Europe in the next 12 months as relatively low,” bank analysts said.

Bloomberg News | August 29, 2022 | 8:18 am

Colombia abandons plan to tax gold exports

The government has scrapped plans to introduce a 10% export tax on gold as part of the tax reform bill submitted by President Gustavo Petro in early August.

Cecilia Jamasmie | August 29, 2022 | 3:53 am

Fracking may decrease magnitude of microearthquakes at mining operations – study

New research proposes the idea that hydraulic fracturing may decrease the magnitude of seismic events and microearthquakes at certain mining operations.

Staff Writer | August 26, 2022 | 6:06 am

China boosts spending on Russian energy to $35 billion since war

Purchases of crude, oil products, gas and coal rose to $35 billion since the war in Ukraine began, from about $20 billion a year earlier.

Bloomberg News | August 22, 2022 | 8:26 am

Biden’s freeze on oil, gas leases on public land is reinstated — for now

Court on Wednesday threw out the judge’s nationwide injunction forcing a restart of leasing from the Gulf of Mexico to Alaska.

Bloomberg News | August 17, 2022 | 3:43 pm

Five Chinese state-owned companies, under scrutiny in US, will delist from NYSE

Oil giant Sinopec, Aluminium Corporation of China PetroChina and Sinopec Shanghai Petrochemical said they would apply to delist their American Depository Shares this month.

Reuters | August 12, 2022 | 12:16 pm