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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

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 […]

agency
Climate Crisis

Safety agency considers ban on gas stoves amid health fears

January 9, 2023 Mariel Alumit

A federal agency says a ban on gas stoves is on the table amid rising concern about harmful indoor air pollutants emitted by the appliances. The US Consumer Product Safety Commission plans to take action to address the […]

Battery
Energy Storage

Battery fever grips Greece with firms launching hundreds of projects

January 9, 2023 Mariel Alumit

A large number of domestic and foreign companies are interested in building energy storage facilities in Greece using battery technology. On a daily basis, the Regulatory Authority for Energy (RAE) receives applications for permits concerning […]

lithium
Critical Minerals

The fate of America’s largest lithium mine is in a federal judge’s hands

January 9, 2023 Mariel Alumit

BOISE, Idaho — The fate of the largest planned lithium mine in the United States is now in the hands of a federal judge who hopes to issue a ruling in a long-running legal battle […]

Saudi
Crude Oil News

Closing Bell: Saudi stock exchange recovers 110 points as oil prices fuel rally

January 9, 2023 Mariel Alumit

RIYADH: Saudi Arabia’s Tadawul All Share Index marked a pronounced recovery as it rose 110.27 points — or 1.05 percent — on Monday to close at 10,647.18 following the surge in oil prices encouraged by […]

China
Crude Oil News

China Issues Massive Oil Import Quotas As It Reopens Borders

January 9, 2023 Mariel Alumit

China has announced another batch of crude import quotas for refiners, allowing 44 private refiners to import 111.82 million metric tons of crude. In October last year, China gave 20 million metric tons to 21 […]

Petrobras
Carbon Capture

Petrobras joins UN initiative focused on reducing methane emissions

January 9, 2023 Mariel Alumit

Brazil’s Petrobras has signed an agreement with the Oil & Gas Methane Partnership (OGMP) aimed at reducing greenhouse gas emissions, as it takes another step towards a low-carbon future. The OGMP is a global initiative […]

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