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Home2023February

Month: February 2023

Commodities

Companies In UK Are Hitting The Wall At Fastest Rate Since Global Financial Crisis

February 4, 2023 Mariel Alumit

Authored by Nick Corbishley via NakedCapitalism.com, As the price of everything, including debt, continues to soar, life is getting harder and harder for the UK’s heavily indebted businesses… Business insolvencies in the UK surged by […]

Finance

A Tale Of Two Worlds – It’s not about land in Ukraine or NATO – It’s about the battle to devaluate the dollar.

February 4, 2023 Mariel Alumit

Authored by Alasdair Macleod via GoldMoney.com, In the war between the western alliance and the Asian axis, the media focus is on the Ukrainian battlefield. The real war is in currencies, with Russia capable of […]

China
Electric Vehicles

Price Cuts Working: Tesla Shipped 66,051 Vehicles In China In January, Up 18% From December

February 4, 2023 Mariel Alumit

It looks like Tesla’s price cuts in China have worked, at least for now. The company’s China segment shipped 66,051 vehicles in January, according to Bloomberg, citing preliminary data released by China’s Passenger Car Association. […]

Climate Crisis

‘Generational’ Arctic blast hits Northeast US, Canada

February 4, 2023 Mariel Alumit

NewsWeather A “generational” Arctic blast brought dangerously cold temperatures to swaths of the northeastern United States and Canada on Saturday, with forecasters warning that frostbite could occur in just five minutes. Atop Mount Washington in […]

carbon
CCUS

Illinois county offered payments to back Navigator carbon dioxide pipeline

February 4, 2023 Mariel Alumit

The company seeking to build a controversial carbon dioxide pipeline through five states is offering to pay as much as $19 million for cooperation from an Illinois county that last fall passed a two-year moratorium […]

Chinese company in purchasing one of the world's richest cobalt mines from an American company
Critical Minerals

Chinese conglomerate buy American-owned cobalt mine in $3.8 billion deal: Purchase helped China company gain world’s largest deposit of precious metal used to make batteries for electric vehicles

February 4, 2023 Mariel Alumit

Hunter Biden’s investment firm partnered with a Chinese company to buy the world’s larges cobalt mine from an American company in 2016 Biden was one of three Americans who founded the BHR private equity firm […]

Ignoring
Finance

Punch-Drunk Investors Will Keep Ignoring Reality…Until It’s Too Late

February 4, 2023 Mariel Alumit

Submitted by QTR’s Fringe Finance Back in January 2020, I was pointing out that the coronavirus was going to wreak havoc on markets weeks before it ever happened. As I’ve noted many times on this […]

British
Rare Earth Minerals

Permitting solutions for mining in British Columbia ‘a priority’, says gov’t

February 3, 2023 Mariel Alumit

​Mineral explorers in British Columbia set a new spending record in 2022, hitting C$740.4 million ($555.7m), Premier David Eby told the crowd at last week’s AME Roundup conference in Vancouver, where nearly 6,000 geoscientists, prospectors, […]

Rare Earth Minerals

Filo’s longest copper cuts in Argentina boost takeover appeal

February 3, 2023 Mariel Alumit

​Filo Mining’s (TSX: FIL) “impressive” drill results showing the longest interval yet from its Filo del Sol project in Argentina’s high Andes could make the company a buy-out target, according to Haywood Securities. Vancouver-based Filo […]

Gold
Rare Earth Minerals

Gold price drops to 3-week low on solid US jobs data

February 3, 2023 Mariel Alumit

​Gold extended its decline on Friday after solid US non-farm payrolls data raised fears that the Federal Reserve could keep hiking interest rates to combat inflation. Spot gold fell 2.3% to $1,869.49 per ounce by […]

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