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Home2023February

Month: February 2023

Rare Earth Minerals

i-80 Gold expands Ruby Hill property, adds polymetallic upside with Paycore Minerals acquisition

February 28, 2023 Mariel Alumit

​ i-80 Gold (TSX: IAU) (NYSE: IAUX) is strengthening its presence in Nevada’s Eureka district with the acquisition of Paycore Minerals (TSXV: CORE), owner of the property that hosts the high-grade FAD deposit located immediately […]

Rare Earth Minerals

Armenia approves restart of Amulsar gold mine

February 28, 2023 Mariel Alumit

​ The government of Armenia has inked a $250 million deal with Lydian Armenia, the company that owns the license to operate the vast Amulsar gold mine, effectively allowing the resumption of operations. Minister of […]

China
Climate Crisis

China coal power plant approvals surge, challenging climate pledges

February 28, 2023 Mariel Alumit

SINGAPORE – China issued approval permits to build coal power capacity equivalent to two large coal power plants per week in 2022, driven in part by surging growth in electricity demand triggered by the heatwave and record […]

sun
Climate Crisis

The sun is about to get more active than it has for a decade — and it could lead to power outages, grounded flights, and stunning auroras

February 28, 2023 Mariel Alumit

The sun may be waking up after almost a decade of relative calm, say scientists — and that could cause problems on Earth. The solar storms that rage on our star during its active period […]

Hydrogen
Earnings

‘Substantial doubt’ | Hydrogen truck maker Nikola on brink of collapse after racking up $2bn of losses

February 28, 2023 Mariel Alumit

Hydrogen and battery truck maker Nikola has warned that it may have to “terminate our operations” in the next 12 months after racking up an accumulated deficit of about $2bn and admitting it expects “continuing […]

Australia
Rare Earth Minerals

Australia blocks Chinese investor from raising stake in rare earths miner

February 28, 2023 Mariel Alumit

Australian rare earths producer Northern Minerals (ASX: NTU) said on Tuesday that the federal government had prevented its largest shareholder, China’s Yuxiao Fund, from raising its stake in the company on grounds of national interest. […]

Colorado
EIA News

Colorado refinery outage is causing higher gasoline prices in Rocky Mountain region

February 28, 2023 Mariel Alumit

February 28, 2023 Data source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update Note: Gasoline prices are for regular grade, all formulations. The only petroleum refinery in Colorado shut down in late December after […]

Rare Earth Minerals

How zircon helps identify untapped copper deposits

February 28, 2023 Mariel Alumit

​New research shows that it is possible to mine zircon textures to identify valuable mineral deposits. In a paper published in the Journal of Geophysical Research: Solid Earth, Chetan Nathwani and his colleagues at Imperial […]

energy
EnergyNews

Bank finance for cleaner energy grows, but still lags fossil fuels – Report

February 28, 2023 Mariel Alumit

​ LONDON, Feb 28 (Reuters) – Banks gave 81 cents in financing support to low carbon energy supply for every dollar they provided to fossil fuels in 2021, a report showed on Tuesday, but they […]

Fossil
EnergyNews

COMMENTARY: Implications of a Fossil Fuel Industry Shutdown – Yogi Schulz

February 28, 2023 Mariel Alumit

​Environmental Activist By Yogi Schulz I’m astonished by the loud demands and many protests calling for a complete shutdown of the fossil fuel industry to respond to climate change. It’s delusional to think we can […]

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