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FirstEnergy to Sell Its Merchant Fleet
October 31, 2017
FirstEnergy supports the U.S. Department of Energy’s call to financially support nuclear and coal-fired units, but that won’t stop the company from selling off its merchant generation fleet and retreating to the predictable returns of regulated assets. CEO Chuck Jones
Piedmont Lithium Secures $16 Million to Accelerate Its Lithium Project in North Carolina
October 31, 2017
Piedmont Lithium Ltd has successfully completed a bookbuild for a placement of shares at $0.16 each to institutional and sophisticated investors to raise $16 million. The proceeds from the placement will be used to expedite the development of the company’s
Anson Resources to Fast-track Its Paradox Lithium Project, Utah
October 31, 2017
Anson placed 20 million shares to Zhongfan at $0.03 to raise $600,000. The agreement provides scope for Anson and Zhongfan to work towards a binding agreement whereby Zhongfan may invest to facilitate the funding of Anson’s Stage 3 development works
Conesville Entities Losing $2 Million from Devaluation of AEP’s Coal-powered Plant, Ohio
October 30, 2017
The value of the American Electric Power plant outside Conesville has been slashed by more than half by the Ohio Department of Taxation, resulting in close to $2 million in loss revenue to local entities. Coshocton County Auditor Chris Sycks
Officials Stress County-wide Economic Impact if Perry Nuclear Plant Closes, Ohio
October 30, 2017
A potential closure of the Perry Nuclear Power Plant wouldn’t just affect the Perry area, but the county as a whole, says Rep. Dave Joyce’s chief of staff, Dino DiSanto. “It could blow an economic hole into Lake County,” DiSanto
Developers Are Optimistic About Potential Mine at Icy Cape, Alaska
October 30, 2017
Developers are optimistic about the potential for a beach-sand-mining operation in northern Southeast Alaska. The Alaska Mental Health Trust Land Office claims good results from its second season of exploring Icy Cape, west of Yakutat and east of Cordova. When
Wisconsin Assembly to Vote this Week on Eliminating Mining Ban
October 30, 2017
The state Assembly is set to take up a Republican bill next week that would lift Wisconsin’s nearly 20-year ban on gold, silver and nickel mining. Wisconsin lawmakers passed a bill in 1998 that requires sulfide mining applicants to prove
Cementation Canada Opens $10 Million North American Maintenance Facility
October 30, 2017
Just over a year after breaking ground, Cementation Canada officially opened its new North American Maintenance facility in North Bay today. The underground mine contracting and engineering company invested more than $10 million in the project, with a $1 million
Judge Sides with Millennium Bulk Terminals, Says State Unfairly Denied Sublease, Washington
October 30, 2017
In a win for Millennium Bulk Terminals, a Cowlitz County judge has ruled that the Department of Natural Resources unfairly denied a sublease needed for the company’s $680 million Longview coal terminal. Superior Court Judge Stephen Warning said Friday that
Lucky Minerals Steps Up Community Relations Plan for Its Proposed Mine in Montana
October 30, 2017
After two years of loud opposition, the company that wants to look for gold in the mountains north of Yellowstone National Park is working on its image. Lucky Minerals Inc. has spruced up its website, and a new one is
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