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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

EU
Geothermal

EU’s Aid For Ukraine Is Effectively Public Aid For Itself

February 10, 2023 Mariel Alumit

Authored by Tomasz Teluk via ReMix, Source: Twitter@DenesTorteli. Let there be light! President of the European Commission Ursula von der Leyen has announced that the EU is to deliver 35 million energy-saving LED light bulbs […]

Aljazeera International

Japan, Philippines agree to boost defence ties amid China tension

February 10, 2023 Mariel Alumit

The leaders of Japan and the Philippines have agreed to increase defence ties, allowing Japanese troops greater access to Philippine territory. The defence arrangement signed by Philippine President Ferdinand Marcos Jr and Japanese Prime Minister […]

South Africa
Aljazeera International

South Africa’s Ramaphosa declares ‘state of disaster’ on power

February 10, 2023 Mariel Alumit

NewsEnergy South African President Cyril Ramaphosa has declared a state of disaster with immediate effect to deal with the country’s severe electricity crisis including prolonged daily power blackouts. “Extraordinary circumstances call for extraordinary measures. The […]

Aljazeera International

Pakistan says it agrees to IMF terms on release of $1.1bn payout

February 10, 2023 Mariel Alumit

Islamabad, Pakistan – Pakistan says it has agreed with the International Monetary Fund (IMF) on conditions to release about $1.1bn in financial aid critical to escape an economic collapse. As an IMF team left cash-strapped […]

Barrick Gold
Finance

Barrick’s gold reserves grow to 78 million oz. in 2022

February 9, 2023 Mariel Alumit

​Barrick Gold (TSX: ABX; NYSE: GOLD) grew attributable proven and probable gold reserves by 6.7 million oz. (net of depletion) in 2022. Using a $1,300/oz. price, reserves now stand at 76 million oz. of gold. […]

Copper
Rare Earth Minerals

CHART: Copper exploration budgets jump, but major discoveries elusive

February 9, 2023 Mariel Alumit

According to a report by S&P Global Market Intelligence, copper exploration’s total budgets increased 21% to just shy of $2.8 billion in 2022, the highest level since 2014. The increase was driven by a strong […]

DeepRock
Rare Earth Minerals

DeepRock Minerals options mineral claims near Sigma Lithium in Brazil

February 9, 2023 Mariel Alumit

​DeepRock Minerals (CSE: DEEP) has entered into an option agreement with two Brazilian companies to acquire a 100% interest in the Esperança lithium property, comprising about 2,970 hectares of mineral claims located in Brazil’s Minas […]

Rare Earth Minerals

Frontier Lithium stock jumps as new drill results confirm extended size of Spark deposit

February 9, 2023 Mariel Alumit

​Frontier Lithium (TSXV: FL) saw a significant jump in share price on Thursday following the release of additional drill results from the Spark pegmatite, part of the company’s 100% owned PAK lithium project in Ontario. […]

Rare Earth Minerals

Trafigura faces $577 million loss on alleged nickel fraud

February 9, 2023 Mariel Alumit

​Commodities trader Trafigura Group will take an almost half a billion dollars charge in first half of 2023, after discovering that some nickel cargoes it bought didn’t contain the metal they were supposed to. The Geneva-based company […]

ESG
Alternative Investments

Rescuing ESG from the Culture Wars

February 9, 2023 Mariel Alumit

In the past year, ESG investing has become caught up in America’s culture wars, as prominent GOP politicians claim that it is a mechanism investors are using to impose a “woke” ideology on companies. Former […]

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