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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Istanbul
Geopolitical

Half-Dozen Countries Temporarily Close Istanbul Consulates Over ‘Security Threats’

February 3, 2023 Mariel Alumit

Large-scale protests in Turkey over the recent Quran-burnings by a far right activist in Sweden have resulted in multiple Western countries this week issuing travel alerts for their citizens in Turkey. Additionally some half-dozen consulates […]

EU
Zero Edge

The EU’s Response To Biden’s Inflation Reduction Act Is Finally Here

February 3, 2023 Mariel Alumit

Authored by Felicity Bradstock via OilPrice.com, Following the passing of the Inflation Reduction Act in the U.S., pressure grew on the EU to introduce its own legislation to help fund the clean energy push on […]

Financial Crisis

France Hit By Strikes, Protests Amid Outrage At Hiking Retirement Age To 64

February 3, 2023 Mariel Alumit

French labor unions have been holding several days of mass strikes and protests against raising the retirement age, in a test of the momentum driving defiance to Emmanuel Macron’s signature economic reform… which is hardly […]

energy
Finance

Massive green energy company reports nearly $1 billion in losses, calls for ‘further governmental action’

February 3, 2023 Mariel Alumit

Global green energy company Siemens Gamesa reported Thursday that it had lost a staggering $967 million during the three-month period from between October to December. The Germany-based company, which dubs itself as “the global leader […]

US
Commodities

US mine production value rises 3.8% to $98 billion in 2022 — USGS

February 2, 2023 Mariel Alumit

​US mines produced approximately $98.2 billion in nonfuel mineral commodities in 2022, an estimated $3.6 billion (~3.8%) increase over the 2021 revised total of $94.6 billion, the US Geological Survey announced Thursday. This information comes […]

Copper
Rare Earth Minerals

Copper price rebounds as Fed messaging weakens the dollar

February 2, 2023 Mariel Alumit

​Copper prices moved higher on Thursday after the US Federal Reserve cemented expectations that rapid interest rate rises will end soon, weakening the dollar and making dollar-priced metals cheaper for buyers with other currencies. Copper for delivery […]

People

Women in Mining Spotlight: Alison White

February 2, 2023 Mariel Alumit

​Staying on the theme of putting the spotlight on talented women in leadership roles in mining, we caught up with Alison White, executive vice president and chief financial officer of SSR Mining. Based in Denver, […]

Finance

Sprott launches four new ETFs focused on critical minerals

February 2, 2023 Mariel Alumit

​Sprott Asset Management LP, a wholly owned subsidiary of Sprott Inc. (NYSE, TSX: SII), announced on Thursday it has launched four exchange-traded funds (ETFs) focused on providing investors pure-play exposure to critical minerals essential to […]

Gold
Investments

Gold price falls from nine-month peak following Powell’s dovish remarks

February 2, 2023 Mariel Alumit

​Gold prices retreated on Thursday as the dollar rebounded and some investors locked in profits after the safe-haven metal scaled a nine-month peak on dovish remarks from Federal Reserve Chair Jerome Powell. Spot gold fell […]

EnergyNews

Oil Steadies as Traders Weigh Fed Rate Outlook and China Demand

February 2, 2023 Mariel Alumit

Oil steadied above a three-week low, as traders digested the Federal Reserve’s latest meeting for the outlook on interest rates and weighed the potential for better demand in China. West Texas Intermediate traded near $76.50 […]

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