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Home2024

Year: 2024

Freeport-McMoRan
Rare Earth Minerals

Freeport-McMoRan names Kathleen Quirk as CEO

February 7, 2024 Stu Turley

  US copper miner Freeport-McMoRan (NYSE: FCX) announced Tuesday the appointment of Kathleen Quirk as president and chief executive officer, effective at the annual meeting of shareholders on June 11 this year. Quirk will assume […]

Subprime
Finance

Auto Loan Balances, Subprime, Delinquencies, and Income: Who Are those Drunken Sailors?

February 7, 2024 Stu Turley

Subprime doesn’t mean “low income.” It means “bad credit” – and some is high income. And subprime loans are coming home to roost. By Wolf Richter for WOLF STREET. The balance of auto loans and leases rose by […]

junior mining
Rare Earth Minerals

Video: Fundraising data reveal ‘bifurcated’ junior mining market

February 6, 2024 Stu Turley

  Despite the gloomy sentiment in the junior mining sector, Kai Hoffman, CEO of Soar Financial says last year was actually pretty good in terms of total funds raised. However, Hoffman, who focuses on companies […]

Tellurian
Crude Oil News

Tellurian explores sale of Haynesville upstream business to develop natural gas offerings

February 6, 2024 Mariel Alumit

(WO) – Tellurian Inc. has asked its financial advisor, Lazard, to explore opportunities for the sale of Tellurian’s Haynesville upstream business. Tellurian natural gas assets 2024 (Graphic: Business Wire) Tellurian produced 19.5 Bcf of natural […]

Texas
Grid

Texas to explore new grid recovery options after 82% of blackstart units failed during Winter Storm Uri

February 6, 2024 Mariel Alumit

Dive Brief: There have been significant reliability improvements made to the Texas electricity grid since Winter Storm Uri in 2021 but the state should still consider new approaches to system recovery including the use of […]

Coal
Coal

Still waiting for peak coal

February 6, 2024 Mariel Alumit

In a nutshell Worldwide coal capacity and consumption continue to climb Asian demand growth is outpacing cuts in Western economies China’s appetite for transitioning from coal will set the global pace Despite the climate pledges […]

pipeline
Crude Oil News

Iran Launches New Gas Pipeline in SP Phase 16

February 6, 2024 Mariel Alumit

TEHRAN (Tasnim) – A new offshore gas pipeline was put into operation at Phase 16 of Iran’s South Pars Gas Field on Tuesday. The new offshore gas pipeline, costing €130 million to build, came into operation […]

Heavier EV
Electric Vehicles

Heavier EVs tearing up California roadways but paying nothing for road maintenance

February 6, 2024 Mariel Alumit

Can it be true that California, in pursuit of reduced emissions from internal combustion engine vehicles, has mandated that heavier EV cars and trucks tear up the state’s roads? Shockingly, the state has no accompanying […]

Goldshore
Rare Earth Minerals

Goldshore counts over 6.7 million oz. at its Moss project in Ontario

February 6, 2024 Stu Turley

  Goldshore Resources (TSXV: GSHR) has updated the resource estimate for its Moss and East Coldstream deposits at its Moss project in northwest Ontario, roughly 100 km northwest of Thunder Bay. It now counts 1.5 […]

battery electric vehicle
Rare Earth Minerals

One-day symposium on battery electric vehicle safety in mines

February 6, 2024 Stu Turley

  Workplace Safety North (WSN) and Cambrian College invite mining industry professionals to a one-day symposium focusing on battery electric vehicle (BEV) safety in mines. The in-person event is sold out, but virtual attendance is […]

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