ANDERAX
{*style:<b> </b>*}In Peru, Vaaldiam has a sliding-scale NSR royalty interest in the Pukaqaqa copper/gold project and will also receive US$8 million when the open pit mine goes into production. In Kenya, Vaaldiam owns a 1.5% Gross Revenue Royalty on all product revenue from the Kwale Mineral Sands project. In Brazil, Vaaldiam owns a 1% Gross Revenue Royalty on all product revenue from the Braúna diamond project. Vaaldiam owns 10,625,000 common shares of Flemish Gold Corp., a private exploration company with properties in East Africa, which it purchased for US$3.4 million.
Mining Inc • About Vaaldiam
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The New Carbon Cycle
The Texas electricity market within the Electric Reliabibilty Council of Texas or ERCOT, which covers 80 percent of Texas, is suffering from a deficit of peak power. Concerns are rising that the state will be short on power during the summer months. The Brattle Group was engaged to prepare a report for ERCOT on how to manage or address the power shortage issue. The Brattle Group also prepared a report entitled, The Impact on Solar PV on Electricity Markets in Texas , which discusses electricity cost savings Texas could produce if it built more solar farms--the price of solar power would be less than peak power plant prices. The irony is that many believe that solar power is always more expensive than traditional power plants like natural gas plants. But electricity markets are complicated.
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