AK reneges on legislative promises; More gold for AK; Shale prepares for Biden.

In News, Uncategorized by Owen Phillips

News of the Day:  Alaska Cannot Renege On Legislative Promises


U.S. shale producers race for federal permits ahead of presidential election
Jennifer Hiller, Reuters, September 7, 2020

Oil producers in the top U.S. shale fields are stockpiling drilling permits on federal land ahead of the November U.S. presidential election, concerned that a win by Democratic candidate Joe Biden could lead to a clamp-down on oilfield activity.


Angela Merkel Should Finally Kill Nord Stream 2
Andreas Kluth, Bloomberg, September 7, 2020

Like most people outside of the Kremlin, mainstream German politicians are outraged about the poisoning of Alexey Navalny, the Russian opposition leader who’s being treated in a Berlin clinic and has just come out of a coma. Then again, they’ve been outraged countless times about whatever Russia under President Vladimir Putin has got up to. And their indignation has never amounted to much. This time something is different. Just ask Norbert Roettgen, the chairman of the Bundestag’s foreign-policy committee and one of three candidates to become the next leader of the center-right Christian Democrats, Chancellor Angela Merkel’s party. He thinks Germany and Europe must talk to Putin in a language the Russian leader understands: gas. Specifically, Roettgen wants to halt construction of a pipeline that runs under the Baltic Sea from Russia to Germany and is already 94% built. A growing chorus of German voices agrees with him.

Russia signs deal for 14 Arc-7 ice tankers


Key shareholders back Int’l Tower Hill’s Alaska gold plan
Resource World, September 4, 2020

International Tower Hill Mines Ltd. [ITH-TSX; THM-NYSE-American] said key shareholders have backed the company’s plan to raise US$10.3 million from a share offering to support a pre-feasibility study at its Livengood gold deposit north of Fairbanks, Alaska.  The company said its existing three largest shareholders have each taken their pro-rata share of the at the market (ATM) offering – 5.7 million shares (or 3% of shares outstanding) at a closing market price of US$1.40 per share on September 1, 2020, for a total of US$7.9 million.  The company intends to raise an additional US$2.4 million as market conditions warrant.


Alaskans’ interest in voting by mail has never been higher. Here’s a guide to voting in the November election.
James Brooks, Anchorage Daily News, September 7, 2020

Election Day is Nov. 3, but a record number of Alaskans are choosing to vote by mail this year as the COVID-19 pandemic continues to disrupt daily life.  Alaska’s rules for casting a ballot from home are different from the vote-by-mail systems used by Anchorage and other cities. We’ve compiled this guide to voting in the November election to help clear up any confusion.