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Home2023February

Month: February 2023

Central
Crypto

Central Bank Digital Currencies Would Bring Hyperinflation

February 6, 2023 Mariel Alumit

Authored by Daniel Lacalle, There are many excuses often used to explain inflation. However, the fact is that there is no such thing as “cost push inflation” or “commodity inflation.” Inflation is not an increase […]

Rare Earth Minerals

New device converts wave energy into electricity to power tsunami, hurricane sensors

February 6, 2023 Mariel Alumit

​Researchers at the US’ Pacific Northwest National Laboratory are working on the development of a new cylindrical triboelectric nanogenerator (TENG)—a small powerhouse that converts wave energy into electricity to power devices at sea. The goal […]

Australian
Rare Earth Minerals

Australian startup Recharge to buy failed Britishvolt

February 6, 2023 Mariel Alumit

​Australian startup Recharge Industries, which is building a lithium ion cell factory at home, is set to buy Britishvolt, a UK company that collapsed last month after struggling to fund a major electric vehicle (EV) […]

electric
EIA News

More than half of new U.S. electric-generating capacity in 2023 will be solar

February 6, 2023 Mariel Alumit

February 6, 2023Data source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory, December 2022 Reposted to correct the planned capacity of Guernsey Power Station. Developers plan to add 54.5 gigawatts (GW) of new utility-scale […]

Rare Earth Minerals

First Quantum suspends loading operations at Cobre Panamá port

February 6, 2023 Mariel Alumit

​First Quantum (TSX: FM) said on Monday its subsidiary Minera Panama, the operator of the Cobre Panama copper mine, has suspended concentrate loading operations at the Cobre Panamá port. According to the company, a resolution […]

gold
Rare Earth Minerals

Mammoth gold miner in the making after Newmont’s $17bn bid for Newcrest

February 6, 2023 Mariel Alumit

​Newmont Mining (NYSE: NEM)(TSX: NGT), the world’s largest gold producer, is seeking to build a global gold superpower by approaching Australia’s no.1 miner of the yellow metal, Newcrest Mining (ASX, TSX: NCM), with a $17 […]

Sibanye
Rare Earth Minerals

Sibanye-Stillwater gets key permit for Keliber lithium project

February 6, 2023 Mariel Alumit

​Sibanye-Stillwater (JSE: SSW, NYSE: SBSW) has received the environmental permit for its Keliber lithium mining and processing project in Finland. According to the company, the approvals for the project’s Rapasaari mine and Paivaneva concentrator include the right to […]

Aljazeera International

Sri Lankans lament Independence Day pomp amid economic crisis

February 6, 2023 Mariel Alumit

Sri Lankans have protested in the capital Colombo against the government’s decision to organise a pompous military parade to mark 75 years of independence from British colonial rule at a time when the country is […]

Aljazeera International

Iran and the West clash over IAEA report on Fordow nuclear plant

February 6, 2023 Mariel Alumit

Tehran, Iran – Iran and the Western parties to its 2015 nuclear deal have once more clashed over the country’s nuclear programme, this time after a report by the International Atomic Energy Agency (IAEA) on […]

Oil
EnergyNews

Oil falls about 3% as strong U.S. jobs data prompt interest rate concerns

February 6, 2023 Mariel Alumit

Summary Brent and WTI post weekly declines of nearly 8% U.S. reports blowout job growth EU agrees on price caps on Russian refined oil products Russia says EU oil products ban will unbalance markets NEW […]

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