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Home2024February

Month: February 2024

QatarEnergy
International News

QatarEnergy contracts Samsung Heavy for 15 LNG carriers

February 6, 2024 Mariel Alumit

QatarEnergy QatarEnergy’s fleet expansion scheme proceeds apace with a contract signed today for 15 LNG carriers with Samsung Heavy Industries, the Korean yard with the world’s largest gas ship orderbook. The contract, worth $3.44bn, will […]

Adionics
Rare Earth Minerals

Adionics completes 1,500 hours of DLE testing at SQM’s Atacama salar

February 6, 2024 Stu Turley

  Direct lithium extraction (DLE) technology company Adionics on Monday announced the successful completion of 1,500 hours of lithium extraction tests from brine using their pilot plant in Chile installed on the premises of SQM, […]

Fission
Rare Earth Minerals

Fission raising $55 million to advance PLS uranium project in Athabasca Basin

February 5, 2024 Stu Turley

  Fission Uranium (TSX: FCU) has entered an agreement with Canaccord Genuity and SCP Resource Finance to raise C$75 million ($55m) through the sale of approximately 65.6 million common shares of Fission priced at C$1.18 […]

CRE
Finance

US Office CRE Mess Is Spread Far and Wide across Investors & Banks Globally. US Banks Eat only a Portion of the Losses

February 5, 2024 Stu Turley

Japanese, Canadian, and European banks started to confess. And for over a year, huge losses have hit investors, not banks. By Wolf Richter for WOLF STREET. What’s amazing about the mess of the office sector of commercial real […]

Cornish Metals
Rare Earth Minerals

Cornish Metals shares rise on new drill results from tin project in Cornwall

February 5, 2024 Stu Turley

  Cornish Metals (LON, TSXV: CUSN) shares rose on Monday on new drill results from its flagship South Crofty tin project in southwest England. Earlier, the company reported results from the first six drill holes of […]

Seabridge
Rare Earth Minerals

Seabridge updates Kerr, Iron Cap inferred resources

February 5, 2024 Stu Turley

  Seabridge Gold (TSX: SEA; NYSE: SA) has updated the resource estimate for the Kerr and Iron Cap deposits at its 100%-owned KSM gold-copper project in northwestern British Columbia. An extra 5.9 million oz. of […]

Vale’s presidency
Rare Earth Minerals

Board to decide Vale’s presidency this week

February 5, 2024 Stu Turley

  The board of Brazilian miner Vale has postponed the decision regarding the appointment of the company’s new president this week. This comes after an “extraordinary” meeting held on Friday failed to reach a final […]

Avino Silver
Rare Earth Minerals

Avino Silver & Gold reports improved economics for oxide tailing project in Mexico

February 5, 2024 Stu Turley

  Avino Silver & Gold Mines (TSX: ASM) released on Monday results of an NI 43-101-compliant pre-feasibility study for the proposed oxide tailings project at its flagship mine operations located near Durango, west-central Mexico. The […]

nuclear
Electrical Generation / Utilities

After scrapping nuclear reactors, Germany to spend billions on new gas power plants

February 5, 2024 Mariel Alumit

Berlin has agreed to spend €16 billion to build four major natural gas plants to meet electricity demand in a major overhaul of the country’s energy grid. In a statement Monday, officials said the new […]

China
Climate Crisis

China objects to UN fund warnings on solar’s forced labour risks

February 5, 2024 Mariel Alumit

China has opposed green projects by the UN’s flagship climate fund because their documents mentioned the risk of forced labour in the Chinese-dominated supply chains of solar panels. At a meeting of the Green Climate Fund (GCF), China’s board […]

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