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Home2023January

Month: January 2023

Coal

Daily Energy Standup Episode #37 -China orders lots of oil, US lithium mine in question, can renewable power an aluminum plant, and will Biden ban nat gas stoves.

January 10, 2023 Andy Del Prado

The guys are in rare form. And the question is where the traders are going and how China can play a role in oil with their demand increase. The fate of America’s largest lithium mine […]

Patriot
Rare Earth Minerals

Patriot Battery Metals appoints VP ESG, senior advisor, environment and permitting

January 10, 2023 Mariel Alumit

​ Patriot Battery Metals (TSX-V:PMET) (ASX: PMT) (OTCQX: PMETF) announced Monday the appointment of Alix Drapack, P.Eng., MBA, ICD.D to its Management Team in the role of Vice President Environment, Social and Governance (ESG).  Drapack […]

Powell
Finance

Dollar Death-Cross Looms As Rate-Cut Hopes Soar Ahead Of Powell Speech

January 9, 2023 Mariel Alumit

Financial Conditions continue to ease since The Fed Minutes specifically warned against “unwarranted” easing of financial conditions…   Source: Bloomberg Brace for Powell to go full Jackson-Hole tomorrow to assuage this kneejerk response asap.   […]

Finance

‘A Sanctions-Evasion War-Chest Ahead Of Taiwan Invasion’ – Why Is China Hording Gold Again?

January 9, 2023 Mariel Alumit

A month ago, we confirmed the identity of the “mystery” gold-buyer who had been suddenly hording the precious metal in recent months. Specifically, we identified China as the hidden whale buying the barbarous relic when […]

Gold
International News

Best Maple Gold assays yet widen target at old Agnico Eagle mine in Quebec

January 9, 2023 Mariel Alumit

​ Maple Gold Mines (TSXV: MGM) says new assays from the past-producing Eagle mine at its Joutel project in Quebec are the strongest yet and show a wider mineralized corridor than previously thought. Drill hole […]

China
Commodities

Top 50 mining companies in 2022: coal, lithium win big, China investors lose out

January 9, 2023 Mariel Alumit

​ World’s top 50 mining companies end 2022 rock solid but Chinese stocks slide down the rankings despite surging coal and lithium prices, and Russian miners trading in Moscow finally succumb. Commodity prices are always […]

Gold
Commodities

Gold price hits 8-month high on Fed slowdown bets

January 9, 2023 Mariel Alumit

​ Gold prices hit an eight-month high on Monday, helped by a drop in the US dollar after economic data late last week raised hopes for slower rate hikes from the Federal Reserve going forward. […]

Ivanhoe
Rare Earth Minerals

Ivanhoe hits upper end of 2022 guidance, expects higher output this year after debottlenecking

January 9, 2023 Mariel Alumit

​ Ivanhoe Mines (TSX: IVN) reported on Monday that its flagship Kamoa-Kakula mining complex in the Democratic Republic of Congo (DRC) produced a total of 333,497 tonnes of copper in concentrate during the past calendar […]

Copper
Commodities

Copper price at over 6-month peak as China reopens border

January 9, 2023 Mariel Alumit

​ The copper price jumped to a more than six-month high on Monday as demand prospects brightened after China reopened its borders. Copper for delivery in March rose 3% on the Comex market in New […]

Middle
International News

Middle East Ship Repair Yards Remain Center Stage

January 9, 2023 Mariel Alumit

In the 45 years since the Arab Shipbuilding & Repair Yard (ASRY) opened on reclaimed land in Bahrain, the Middle East has become one of the world’s ship repair hotspots. A broad range of shipyards […]

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