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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Climate Crisis

‘Generational’ Arctic blast hits Northeast US, Canada

February 4, 2023 Mariel Alumit

NewsWeather A “generational” Arctic blast brought dangerously cold temperatures to swaths of the northeastern United States and Canada on Saturday, with forecasters warning that frostbite could occur in just five minutes. Atop Mount Washington in […]

carbon
CCUS

Illinois county offered payments to back Navigator carbon dioxide pipeline

February 4, 2023 Mariel Alumit

The company seeking to build a controversial carbon dioxide pipeline through five states is offering to pay as much as $19 million for cooperation from an Illinois county that last fall passed a two-year moratorium […]

Chinese company in purchasing one of the world's richest cobalt mines from an American company
Critical Minerals

Chinese conglomerate buy American-owned cobalt mine in $3.8 billion deal: Purchase helped China company gain world’s largest deposit of precious metal used to make batteries for electric vehicles

February 4, 2023 Mariel Alumit

Hunter Biden’s investment firm partnered with a Chinese company to buy the world’s larges cobalt mine from an American company in 2016 Biden was one of three Americans who founded the BHR private equity firm […]

Ignoring
Finance

Punch-Drunk Investors Will Keep Ignoring Reality…Until It’s Too Late

February 4, 2023 Mariel Alumit

Submitted by QTR’s Fringe Finance Back in January 2020, I was pointing out that the coronavirus was going to wreak havoc on markets weeks before it ever happened. As I’ve noted many times on this […]

British
Rare Earth Minerals

Permitting solutions for mining in British Columbia ‘a priority’, says gov’t

February 3, 2023 Mariel Alumit

​Mineral explorers in British Columbia set a new spending record in 2022, hitting C$740.4 million ($555.7m), Premier David Eby told the crowd at last week’s AME Roundup conference in Vancouver, where nearly 6,000 geoscientists, prospectors, […]

Rare Earth Minerals

Filo’s longest copper cuts in Argentina boost takeover appeal

February 3, 2023 Mariel Alumit

​Filo Mining’s (TSX: FIL) “impressive” drill results showing the longest interval yet from its Filo del Sol project in Argentina’s high Andes could make the company a buy-out target, according to Haywood Securities. Vancouver-based Filo […]

Gold
Rare Earth Minerals

Gold price drops to 3-week low on solid US jobs data

February 3, 2023 Mariel Alumit

​Gold extended its decline on Friday after solid US non-farm payrolls data raised fears that the Federal Reserve could keep hiking interest rates to combat inflation. Spot gold fell 2.3% to $1,869.49 per ounce by […]

Fed
Finance

US adds a surprisingly strong 517,000 jobs despite Fed hikes

February 3, 2023 Mariel Alumit

Employers in the United States added 517,000 jobs in January, a surprisingly strong gain in the face of the Federal Reserve’s aggressive drive to slow growth and tame inflation with higher interest rates. The unemployment […]

Canada
Critical Minerals

Canada faces pressure to ban deep-sea mining

February 3, 2023 Mariel Alumit

​Canada is facing mounting pressure to declare a moratorium on deep-sea mining exploration and extraction as the country hosts an international marine conservation summit starting Friday in Vancouver. Leading to the the fifth International Marine Protected Area […]

Critical Minerals

Taseko confirms talks to up stake in Gibraltar copper mine

February 3, 2023 Mariel Alumit

​Canada’s Taseko Mines (TSX: TKO) (NYSE: TGB) confirmed on Friday it is engaged in negotiations with Sojitz Corp regarding a potential deal to increase its stake in its Gibraltar copper mine in British Columbia. The […]

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