DOE Awards $5M for Ocean Energy Projects

Source: Smart Planet, Andrew Nusca (10/28/10)

"Electricity is generated from waves, tides, currents and thermal gradients."

The U.S. Department of Energy and the National Oceanic and Atmospheric Administration (NOAA) announced eight joint research awards worth almost $5 million to support offshore wind energy and ocean energy projects.

The intent of the funding is to bridge gaps in understanding of the potential environmental effects of renewable ocean energy, in which electricity is generated from waves, tides, currents and thermal gradients. That's a sound plan for a nation with 12,380 miles of coastline, according to the CIA World Factbook.

Ultimately, the money shows that the DOE and Obama administration seek to invest in a number of different energy technologies with the hope that their sum can diversify the nation's energy mix with "greener" tech—a path to energy independence and, by extension, national security.

The announcement was made along with the U.S. Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE).

"There are many new and exciting renewable energy opportunities waiting for us in the ocean," NOAA administrator Jane Lubchenco said in a statement. "These grants will help realize that potential by understanding environmental impacts and incorporating appropriate mitigation measures from the outset."

Announcing Streetwise Live! Events
Source: Streetwise Reports (07/13/2020)

Streetwise Reports is offering 100 investors—at no charge—the opportunity to meet via Zoom with executives of precious metals companies as they discuss recent developments at their companies and upcoming catalysts.

"China's export quota could be opportunity for Canadian miners"

Latin America: Six Gold Juniors Amass 100M+ Ounces
Source: Marc Davis, BNW News (05/25/2010)

Latin America, the world's last great mineral frontier for prolific gold discoveries, is proving a godsend for some lucky investors.

Mexico: Gold's Next Powerhouse Player
Source: Marc Davis, BNW News (11/03/2009)

As the world's key gold producing nations struggle mostly in vain to replenish dwindling below-ground supplies, Mexico is bucking the trend in a big way.

Where Have All the Gold Mines Gone?
Source: Brent Cook, Exploration Insights (04/14/2009)

Given the declining global gold production, mining companies’ demand for reserve replacement and the acute dearth of new gold discoveries, there is no doubt that real economic discoveries will be exceptionally valuable. . .the opportunity for stellar profits is the best it has probably ever been. Identifying the few successes, however, will require vigilant and constant technical assessment of geology and drill results, always with an eye to mine economics.

Congo Completes Mining Review, Says Majors Quit Talks
Source: Reuters (12/20/2008)

"Review process is extended an additional 45 days to allow six companies to return to the negotiating table for direct talks with government ministers."

I haven’t spoken to my old mining stock friend, noted and universally respected gold stock guru, Bob Bishop, about Rare Element in a year, but I hear he is still a supporter and very large shareholder. I don’t believe he will hold it against me to remind you that this was one of his favorite holdings when he left the newsletter writing business. . .

It's Only the Beginning for Uranium
Source: www.financialinsights.com (06/03/2005)

Dr. Richard S. Appel, author of Financial Insights, first became bullish on uranium in mid-2003, when it appeared obvious that its supply versus demand equation was fated to seriously drive higher its price. Since then, a series of events in the uranium industry has led Appel to believe that uranium prices will reach never before seen levels.

(00/00/0000)