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International News

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ESG

The wind industry’s success has become its biggest threat

January 19, 2023 Mariel Alumit

The head of one of the world’s biggest developers of renewable energy, Denmark’s Orsted, worries that the energy transition could see a slowdown as rising competition and interest rates squeeze returns and upend the case […]

South Korea
Electrical Generation / Utilities

South Korea curbs plans for renewables in push for more nuclear

January 19, 2023 Mariel Alumit

South Korea will boost nuclear power generation and downgrade its plans for renewable energy as the nation overhauls its electricity mix to meet emissions reduction targets. Nuclear plants are now expected to account for almost […]

EU
Energy Storage

EU announces its own ‘Inflation Reduction Act’ for renewables and energy storage

January 19, 2023 Mariel Alumit

The European Union (EU) has unveiled its plans for its own Inflation Reduction Act-style support package, the Green Deal Industrial Plan, for clean energy technologies including energy storage. The announcement from European Commission President Ursula […]

Price
International News

Vedanta Cairn Oil and Gas appoints Nick Walker as CEO

January 19, 2023 Mariel Alumit

Before this appointment, Walker was President and Chief Executive Officer at Lundin Energy. New Delhi: VedantaCairnOil & Gas, India’s largest private oil and gas exploration and production company, announced it has appointedNick Walkeras Chief Executive […]

World
Geopolitical

Escobar: ‘Fragmented World’ Sleepwalks Into World War III

January 19, 2023 Mariel Alumit

Authored by Pepe Escobar, The self-appointed Davos “elites” are afraid. So afraid. At this week’s World Economic Forum meetings, mastermind Klaus Schwab – displaying his trademark Bond villain act – carped over and over again […]

International News

New Found Gold discovers high-grade zone at Queensway in Newfoundland

January 18, 2023 Mariel Alumit

​ New Found Gold (TSXV: NFG) says it has discovered a new zone and vein extending mineralization south of the Keats deposit at its Queensway project in central Newfoundland. Drilling along the Appleton fault at […]

GoviEx
Critical Minerals

GoviEx sells Falea uranium project in Mali

January 18, 2023 Mariel Alumit

​GoviEx Uranium (TSXV: GXU) is selling its uranium-silver-copper Falea project in Mali to African Energy Metals (TSXV: CUCO) in a C$5.5 million cash and share deal. The project is about 350 km west of Mali’s […]

Canada
Critical Minerals

Canada Nickel confirms major discovery larger than flagship Crawford project in Ontario

January 18, 2023 Mariel Alumit

​Canada Nickel Company (TSXV: CNC) has released positive assay results confirming the Reid property as a major discovery with a target footprint larger than its flagship Crawford nickel-cobalt discovery in Ontario’s Timmins-Cochrane mining camp. The results […]

Copper price
Critical Minerals

Copper price highest since June on China optimism

January 18, 2023 Mariel Alumit

​The copper price rose on Wednesday to its highest levels since June as speculators bet that low inventories and rising Chinese demand will lift prices. Copper for delivery in March rose on the Comex market […]

Iron
Critical Minerals

Iron ore price rises while China warns against speculation

January 18, 2023 Mariel Alumit

​The iron ore price rose on Wednesday as investors bet on surging demand for the steel ingredient as China’s economy reopens. According to Fastmarkets MB, benchmark 62% Fe fines imported into Northern China were changing […]

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