NewsEnergy South African President Cyril Ramaphosa has declared a state of disaster with immediate effect to deal with the country’s severe electricity crisis including prolonged daily power blackouts. “Extraordinary circumstances call for extraordinary measures. The […]
Islamabad, Pakistan – Pakistan says it has agreed with the International Monetary Fund (IMF) on conditions to release about $1.1bn in financial aid critical to escape an economic collapse. As an IMF team left cash-strapped […]
Barrick Gold (TSX: ABX; NYSE: GOLD) grew attributable proven and probable gold reserves by 6.7 million oz. (net of depletion) in 2022. Using a $1,300/oz. price, reserves now stand at 76 million oz. of gold. […]
According to a report by S&P Global Market Intelligence, copper exploration’s total budgets increased 21% to just shy of $2.8 billion in 2022, the highest level since 2014. The increase was driven by a strong […]
DeepRock Minerals (CSE: DEEP) has entered into an option agreement with two Brazilian companies to acquire a 100% interest in the Esperança lithium property, comprising about 2,970 hectares of mineral claims located in Brazil’s Minas […]
Frontier Lithium (TSXV: FL) saw a significant jump in share price on Thursday following the release of additional drill results from the Spark pegmatite, part of the company’s 100% owned PAK lithium project in Ontario. […]
Commodities trader Trafigura Group will take an almost half a billion dollars charge in first half of 2023, after discovering that some nickel cargoes it bought didn’t contain the metal they were supposed to. The Geneva-based company […]
In the past year, ESG investing has become caught up in America’s culture wars, as prominent GOP politicians claim that it is a mechanism investors are using to impose a “woke” ideology on companies. Former […]
Home Fossil Energy While contributing to Europe’s energy security, Equinor rakes in all-time high profits Equinor has more than doubled its annual profit in 2022, setting a new record driven by higher energy prices and growing demand. […]
Prysmian has completed the installation of the UK land cable section for the 1.4 GW Viking Link interconnector between the UK and Denmark. Source: Prysmian The team completed the installation of the 135-kilometer cable section […]
Copyright © 2025 | Sandstone Group