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Home2022December

Month: December 2022

Price
Rare Earth Minerals

Rio Tinto completes Kemano power station work for British Columbia aluminum smelter

December 2, 2022 Mariel Alumit

That was when the aluminum smelter and Kemano power station were owned by Alcan, which Rio Tinto acquired in 2007. The Kemano hydro generating station is powered with water drawn from Tahtsa Lake and moved […]

Price
Rare Earth Minerals

Winsome Resources steps up to buy Power Metals stake from China’s Sinomine

December 2, 2022 Mariel Alumit

Case Lake, situated 100 km north of Kirkland Lake, hosts high-grade cesium, lithium, and tantalum mineralization, all of which are considered critical minerals in Canada and the US. Winsome Resources shares climbed more than 13% […]

U.S.
Exploration and Production

Energy hungry Europe can’t look to U.S. shale to fill any OPEC gap

December 2, 2022 Mariel Alumit

U.S. shale oil drillers turned from scrappy wildcatters into multi-millionaires over the past two decades, propelling the United States to become the world’s largest producer, but now they are running out of runway. Oil output […]

Economy
Finance

The Economy May Not Look Good but Oil and Energy Transport Stocks Do

December 2, 2022 Mariel Alumit

A U.S. consumer confidence survey fell to 100.2 in November and touched the lowest level in four months, reflecting growing angst about a softening economy and potential recession. The closely followed index dropped 2 points […]

UK
Crude Oil News

How will UK’s energy windfall tax hike impact oil & gas players?

December 2, 2022 Mariel Alumit

Credit rating agency Moody’s has highlighted that the rise in the energy windfall tax will crimp the North Sea producers’ free cash flow generation. As a result, the latest changes are credit negative for oil […]

Fed
Zero Edge

The Fed Is Not “A Good Idea That Became Corrupt”: It Always Was Corrupt

December 2, 2022 Stu Turley

Authored by George Ford Smith via The Mises Institute, There’s an idea rooted among some libertarians that the Federal Reserve was originally a sound institution but has grown corrupt. As a bankers’ bank, it was […]

FTX
Zero Edge

Prosecutors, SEC Squeeze FTX Associates For Information

December 2, 2022 Stu Turley

While FTX founder Sam Bankman-Fried continues to make lawyers cringe every time he opens his mouth, US authorities are seeking information from investors and trading firms that worked closely with the company.   According to […]

Alex
Bankruptcy

Alex Jones Files For Chapter 11 Bankruptcy In Texas

December 2, 2022 Mariel Alumit

Three weeks after Alex Jones was ordered to pay another $473 million in Sandy Hook judgements, bringing his total tab for the two cases to $1.48 billion, the Infowars founder and host filed for Chapter […]

Price
Rare Earth Minerals

Precious metals no longer needed in reactions to produce hydrogen fuel – study

December 2, 2022 Mariel Alumit

According to the article, liquid ammonia is easy to transport and packs a lot of energy, with one nitrogen and three hydrogen atoms per molecule. The new catalyst breaks those molecules into hydrogen gas and […]

Musk
Zero Edge

Musk Hands Over “Badass” Big-Rig Tesla Semi To PepsiCo As Deliveries Begin

December 2, 2022 Mariel Alumit

“If you’re a trucker and you want the most badass rig on the road, this is it,” Tesla Chief Executive Elon Musk said onstage at an event in Tesla’s Nevada plant Thursday evening while announcing […]

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