Kerala State Land Bank

Compass Minerals Announces Suspension of Lithium Project Pending Regulatory Clarity in Utah

Retrieved on: 
Thursday, November 2, 2023

Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced that, until it has clarity on the evolving regulatory climate in Utah, it will be suspending indefinitely any further investment in its planned lithium project.

Key Points: 
  • Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced that, until it has clarity on the evolving regulatory climate in Utah, it will be suspending indefinitely any further investment in its planned lithium project.
  • It is anticipated that the lithium project would create in excess of an additional 100 jobs in the area.
  • As a result, Compass Minerals will be indefinitely suspending any further investment in its lithium project in Utah beyond certain already committed items associated with the early stages of construction of its commercial scale demonstration unit.
  • “First, our board will only authorize further investment in this project if the evolving regulatory climate in Utah encourages responsible lithium development like we have been pursuing.

U.S. Gold Corp. - Q1 2023 Update, CK Gold Project on Track

Retrieved on: 
Wednesday, April 26, 2023

We appreciate the support of our shareholders as we advance through the rigorous steps that are necessary to take our CK Gold Project from a resource with potential, to a wealth and opportunity-generating mine.

Key Points: 
  • We appreciate the support of our shareholders as we advance through the rigorous steps that are necessary to take our CK Gold Project from a resource with potential, to a wealth and opportunity-generating mine.
  • It is anticipated that the CK Gold Project revenues will count on approximately 70% of its revenue from gold, but of increasing importance is the 30% from copper sales in the concentrate that we plan to ship.
  • While the project economics revolve around revenues from copper and gold, with copper and gold extraction into a concentrate for sale to smelters, there is a whole new revenue opportunity from the CK Gold Project that is being evaluated.
  • While the majority of the Company's resources are aimed at the CK Gold Project, we continue to look for opportunities to advance our exploration assets.

Visionary Integration Professionals Adds Red Hat to Strategic Partnership Portfolio

Retrieved on: 
Friday, December 2, 2022

FOLSOM, Calif., Dec. 1, 2022 /PRNewswire-PRWeb/ -- Visionary Integration Professionals (VIP), a nationally recognized technology solutions and services provider, today announced a strategic partnership with Red Hat to be featured as an approved reseller included in the Software Licensing Program (SLP) for the State of California.

Key Points: 
  • Visionary Integration Professionals (VIP), a nationally recognized technology solutions and services provider, today announced a strategic partnership with Red Hat to be featured as an approved reseller included in the Software Licensing Program (SLP) for the State of California.
  • FOLSOM, Calif., Dec. 1, 2022 /PRNewswire-PRWeb/ -- Visionary Integration Professionals (VIP), a nationally recognized technology solutions and services provider, today announced a strategic partnership with Red Hat to be featured as an approved reseller included in the Software Licensing Program (SLP) for the State of California.
  • VIP's partnership with Red Hat will provide customers with more convenient access to VIP's Legacy-Migration-as-a-Service solution.
  • With this Red Hat partnership in place, VIP offers hybrid cloud alternatives that will more thoughtfully expose customers to the practical realities of cloud adoption.

WESTERN AREA POWER ADMINISTRATION ISSUES RECORD OF DECISION FOR INTERCONNECTION OF CONNECTGEN'S 504 MW WIND PROJECT

Retrieved on: 
Tuesday, July 19, 2022

HOUSTON, July 19, 2022 /PRNewswire/ -- ConnectGen announced today that the Western Area Power Administration (WAPA) has issued a Record of Decision (ROD) approving two interconnection requests associated with ConnectGen's Rail Tie Wind Project, a proposed 504 MW wind energy generation project located in Albany County, Wyoming.

Key Points: 
  • HOUSTON, July 19, 2022 /PRNewswire/ -- ConnectGen announced today that the Western Area Power Administration (WAPA) has issued a Record of Decision (ROD) approving two interconnection requests associated with ConnectGen's Rail Tie Wind Project, a proposed 504 MW wind energy generation project located in Albany County, Wyoming.
  • "The Record of Decision is a major milestone for the Rail Tie Wind Project.
  • "Our technical analyses found available capacity on WAPA's system and the comprehensive analysis in the EIS provided environmental impact information, both of which informed the interconnection Record of Decision."
  • WAPA's ROD issuance adds to the roster of major federal, state, and local approvals obtained by the Rail Tie Wind Project.

U.S. Gold Corp. Conducts Tests on its CK Gold Project Property to Ensure Safety of Mining and Advance Toward Permit Applications and Approval Process

Retrieved on: 
Tuesday, June 21, 2022

CHEYENNE, Wyo., June 21, 2022 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU) is pleased to provide an update on the status of its preparations to file mine construction and operating permits for its CK Gold Project, within the next few months for consideration by the State of Wyoming authorities, principally the Wyoming Department of Environmental Quality (WDEQ) and the Office of State Lands and Investments.

Key Points: 
  • The Company's studies to date suggest that the CK Gold Project open pit could have the potential to double the current water storage without deleterious effects on the water.
  • Adoption of the reclaimed open pit as a water storage option, if accepted, could be addressed in a later permit amendment.
  • We truly believe that the net benefits that the CK Gold Project will far outweigh the temporary disturbances that occur with the activities."
  • The CK Gold Project is located in Southeast Wyoming and has a Preliminary Feasibility Study (PFS) technical report, which was completed by Gustavson Associates, LLC.

U.S. Gold Corp. Strengthens Balance Sheet and Provides Solid Runway to Additional Key Milestones

Retrieved on: 
Wednesday, March 2, 2022

Both the submission of the permit application and the completion of the next phase of engineering are targeted for mid-year 2022.

Key Points: 
  • Both the submission of the permit application and the completion of the next phase of engineering are targeted for mid-year 2022.
  • As a result, gold continues to be viewed as a safe-haven commodity that will likely see a much bigger rally in the near-term and long-term future.
  • U.S. Gold Corp. is a publicly traded, U.S. focused gold exploration and development company.
  • These forward-looking statements are based on U.S. Gold Corp.'s current expectations, and actual results could differ materially from such statements.

U.S. Gold Corp. Announces Positive Prefeasibility Study Citing a Pre-Tax NPV of $323 Million and IRR of 39.4%

Retrieved on: 
Wednesday, December 1, 2021

CK Gold mineralization has been interpreted as a shear-zone controlled, disseminated and stockwork gold-copper deposit in Proterozoic intrusive rocks.

Key Points: 
  • CK Gold mineralization has been interpreted as a shear-zone controlled, disseminated and stockwork gold-copper deposit in Proterozoic intrusive rocks.
  • The CK Gold Project is planned as an open pit mine with a mine production life of approximately 9.5 years.
  • An after tax, discounted cash flow model was developed to assess the economic performance of the CK Gold Project.
  • The positive economic outcome of the financial analysis is used to delineate the CK Gold Mineral Reserve.