Monsanto (NYSE:MON) has committed to spending another $10 million on its proposed phosphate mine in Idaho in order to increase the safety measures at the project.
The Bureau of Land Management has already approved the safety measures, but the U.S. Environmental Protection Agency said earlier in the year that the $25 million liner proposed to prevent the possibility of selenium reaching the nearby Blackfoot River wasn't satisfactory, saying it could possibly fail.
While the additional $10 million will be included in the final mining plan submitted by Monsanto, the Bureau of Land Management said they'll review the comments to see if the original plan actually needs to be changed.
After the final plan is submitted, a 30-day period to comment will be put in place.
The mine would be used to produce ingredients for Roundup weedkiller.
Showing posts with label Bureau of Land Management. Show all posts
Showing posts with label Bureau of Land Management. Show all posts
Monday, September 20, 2010
Thursday, September 2, 2010
Goldman (NYSE:GS) Continues to Hold Nevada Solar Claims
Goldman Sachs & Co. (NYSE:GS) has come under some criticism for its lack of moving forward with solar development on lands in Nevada it has leased.
The Bureau of Land Management offered leases on a first-come-first-serve basis five years ago, and Goldman snatched up 52 of the 354 applications via two of their subsidiaries.
Cogentrix, one of Goldman's subsidiaries, has applied for "nearly as much federal land as all other companies combined. Its active lease applications cover about 120,000 acres — the equivalent of more than eight Manhattans," according to a report from the AP.
The implication is Goldman is blocking others from solar development, which spokesman Ed Canaday responded to, saying they're learning as they go, and have been starting off on smaller developments in other states, such as a 250-acre project on private land in Colorado.
The Bureau of Land Management offered leases on a first-come-first-serve basis five years ago, and Goldman snatched up 52 of the 354 applications via two of their subsidiaries.
Cogentrix, one of Goldman's subsidiaries, has applied for "nearly as much federal land as all other companies combined. Its active lease applications cover about 120,000 acres — the equivalent of more than eight Manhattans," according to a report from the AP.
The implication is Goldman is blocking others from solar development, which spokesman Ed Canaday responded to, saying they're learning as they go, and have been starting off on smaller developments in other states, such as a 250-acre project on private land in Colorado.
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