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Home2024March

Month: March 2024

Lithium Americas
Rare Earth Minerals

Lithium Americas gets record $2.2 billion loan for Thacker Pass

March 14, 2024 Mariel Alumit

  Lithium Americas (TSX: LAC; NYSE: LAC) announced on Thursday that it has received a conditional commitment loan of $2.26 billion from the US Department of Energy (DOE) to finance the construction of processing facilities […]

Don Lindsay Teck Award
Rare Earth Minerals

Queen’s University, UBC, unveil C$2 million Don Lindsay Teck Award in mining engineering

March 14, 2024 Mariel Alumit

  Teck Resources (TSX: TECK.A and TECK.B, NYSE: TECK), The University of British Columbia (UBC) and Queen’s University announced Wednesday the Don Lindsay Teck Award in Mining Engineering, comprised of two C$1 million endowments that […]

Western Australia’s mining
Rare Earth Minerals

Covert forms of sexual harassment remain an issue in Western Australia’s mining industry – study

March 14, 2024 Mariel Alumit

  Being put down or condescended to based on gender, and receiving offensive sexist remarks, remain common themes in Western Australia’s mining sector, the Mental Awareness, Respect and Safety (MARS) Program Landmark Study shows. The report […]

Copper
Commodities

Copper price soars to 7-month high on China’s plans to cut output

March 14, 2024 Mariel Alumit

Copper prices soared on Wednesday to their highest in seven months after Chinese smelters, which process half of the world’s mined copper, agreed on a joint production cut. Benchmark three-month copper on the London Metal Exchange […]

Axis
Big Oil Companies

Oxy deploys “industry first” fully electric well service rig from Axis on Permian production wells

March 14, 2024 Mariel Alumit

(WO) – Axis Energy Services successfully deployed the oil and gas industry’s first fully electric well service rig on wells operated by Occidental. Axis’ EPIC RIG provides improvements in safety and efficiency, as well as […]

Electricity
Electrical Generation / Utilities

Californians Paying 140% More For Electricity than Other States

March 14, 2024 Mariel Alumit

Electricity in Taft, California costs 275% more than what electricity costs in Bullhead City, Arizona. While residents of Los Angeles and San Francisco may feel comfortably smug hundreds of miles away from the Kern County […]

New Yorkers
Climate Crisis

The costs to New Yorkers of Cuomo’s crazy climate law keep rising

March 14, 2024 Mariel Alumit

State lawmakers voted for major cuts in greenhouse-gas emissions and massive buildouts of wind turbines, solar panels, power lines and batteries by 2030 without knowing how it would work, let alone what it would cost. The 2019 bill, the […]

Turkish Stream pipeline
Geopolitical

Leaked documents reveal Kremlin control over Turkish Stream pipeline construction through Bulgaria

March 14, 2024 Mariel Alumit

  Leaked documents from the emails of Russian politicians show that the Kremlin, through Russian and Belarusian companies, had full control over the construction of the Turkish Stream gas pipeline through Bulgaria from 2019-2021, despite […]

Energy & Mines Digital Trust
Rare Earth Minerals

British Columbia launches Energy & Mines Digital Trust for international ESG reporting compliance 

March 14, 2024 Mariel Alumit

  After two years of testing, Energy & Mines Digital Trust (EMDT), a collaboration between the government of British Columbia (BC), private-sector and industry associations, has launched digital credentials for mining operators to streamline the […]

Oil
Crude Oil News

Oil prices up 3% to 4-month high on US crude stock drop, Russian refinery attacks

March 14, 2024 Mariel Alumit

NEW YORK, March 13 (Reuters) – Oil prices rose about 3% to a four-month high on Wednesday on a surprise withdrawal in U.S. crude inventories, a bigger-than-expected drop in U.S. gasoline stocks and potential supply […]

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