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HomeInvestments

Investments

Norway
International News

Norway to sustain elevated gas production until 2026 thanks to $30 billion of offshore investments

January 11, 2023 Mariel Alumit

(Bloomberg) — Norway will be able to sustain gas production at last year’s elevated level until at least 2026 thanks to 300 billion Norwegian kroner ($30 billion) of investment in new offshore fields. Norway has […]

Gold
Critical Minerals

Lundin Gold stock rises as it beats production guidance for second straight year

January 10, 2023 Mariel Alumit

​ Lundin Gold (TSX: LUG), which owns and operates one of the world’s highest grade gold mines in southeast Ecuador, has exceeded its production guidance for the second year in the row. On Tuesday, the Vancouver-based company reported […]

Massive
Bankruptcy

Massive Hedge Fund, Also Known As Swiss National Bank, Suffers Colossal $143 Billion Loss In 2022

January 10, 2023 Mariel Alumit

The last time we looked at the massive money-printing (literally) hedge fund that also moonlights as the Swiss National Bank, we were stunned to learn that its US equity holdings had exploded to a record […]

Powell
Finance

Dollar Death-Cross Looms As Rate-Cut Hopes Soar Ahead Of Powell Speech

January 9, 2023 Mariel Alumit

Financial Conditions continue to ease since The Fed Minutes specifically warned against “unwarranted” easing of financial conditions…   Source: Bloomberg Brace for Powell to go full Jackson-Hole tomorrow to assuage this kneejerk response asap.   […]

China
Commodities

Top 50 mining companies in 2022: coal, lithium win big, China investors lose out

January 9, 2023 Mariel Alumit

​ World’s top 50 mining companies end 2022 rock solid but Chinese stocks slide down the rankings despite surging coal and lithium prices, and Russian miners trading in Moscow finally succumb. Commodity prices are always […]

International News

Mining investments on the rise in Peru

January 8, 2023 Mariel Alumit

​ The Peruvian Ministry of Energy and Mines (Minem) issued its latest Mining Statistical Bulletin which shows that accumulated mining investments rose by 3.2% through November 2022 to $4.6 billion compared to the $4.4 billion […]

Fossil Fuel
Finance

Renewables Financing Tops Fossil Fuel Lending For The First Time Ever

January 6, 2023 Mariel Alumit

For the first time in history, banks underwrote more loans for renewable energy projects than for fossil fuel projects. Hydrocarbon producers increasingly attract funds from private equity investors. At the end of last year, two […]

Stellantis
Electric Vehicles

Stellantis Deepens Partnership With Archer, To Invest Up To $150m

January 5, 2023 Mariel Alumit

Automobile manufacturer Stellantis has deepened its partnership with electric vertical takeoff and landing aircraft (eVTOL) manufacturer Archer Aviation, with a deal to invest up to $150 million in the company. The Amsterdam-based company, parent to […]

Inflation
Grid

Clean energy tax credit transferability: Hero of the Inflation Reduction Act?

January 5, 2023 Mariel Alumit

Eric Rubinstein is the executive vice president and chief investment officer for Leyline Renewable Capital. The Inflation Reduction Act has been hailed as a game changer by clean energy advocates across the country, and rightfully […]

Copper
Commodities

Copper price bounces on news about fresh investment in China

January 5, 2023 Mariel Alumit

​ The copper price rose on Thursday after news about fresh investment in China. Copper for delivery in March rose 2.4% on the Comex market in New York, touching $3.83 per pound or $8,426 per […]

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