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AmeriLithium (OTCBB: AMEL) $1.43. Announced Monday the the strategic appointment of its fourth Advisory Board member, Nevada-based Robert Craig, P.E., who represents a career of 35+ years with ever-growing engineering and executive experience in the mining, energy, and Lithium industries, as well as an established personal network within the local Nevada Lithium and mining industry.
Over the years, Robert has proven his ability to understand and manage the attendant challenges of large scale projects, whether working as an engineer on the TransAlaska Pipeline Project, Prudhoe Bay oil fields, and for the State of Alaska, or serving as Environmental Engineer for the $200 million Fort Greely Garrison projects, or acting as Environmental Manager in charge of permitting and compliance on the 10,000 ton/day cyanide heap leach project at Firstgold Corp's Relief Canyon Mine in Nevada.
Moving on from his 20-year run as Vice President for Alaska-based Hyak Mining Company, Inc. (Kensington Project) – which included running economic analyses and feasibility studies on mining and development projects – Robert has served as President of Nevada Alaska Mining Co., Inc. since 2004. Based in Lovelock, NV, the company is actively engaged in exploration for minerals in Nevada and Utah; holds royalty interest on over 20,000 acres of claims under exploration; and has vended Lithium (and boron) properties to various Lithium exploration companies, including AmeriLithium.
Robert graduated as a Mining Engineer from the University of Alaska in 1972, and is a Registered Civil Engineer.
"Of course we were attracted to Robert's wealth of experience and expertise as an engineer and executive in the mining, energy, and Lithium industries," commented Matthew Worrall, CEO of AmeriLithium. "Having Robert on the Advisory Board will definitely round out our access to a core of key individuals with the backgrounds and insights necessary to execute proven sector and business strategies. But then there's the added bonus of his personal network. Robert is always around the three sites we already have in Nevada, making contact with the local drilling crews, his ear to the ground. Those types of connections and established relationships are invaluable to AmeriLithium becoming established as a major industry player."
What They Do: AmeriLithium is a mining company committed to progressively developing into one of the leading American players in the global Lithium industry. The Company is headquartered in Lake Tahoe, NV. AmeriLithium has amassed a Lithium portfolio consisting of ~724,000 acres, including three Nevada-based projects nearby the only Lithium producing plant in the US, a large project in Alberta, Canada, and a project in Western Australia.
Transoceans (NYSE: RIG) $68.86. Announced Tuesday after market close, in response to several inaccurate reports that detail treatment of crew members immediately following the April 20, 2010 explosion aboard the Deepwater Horizon, including erroneous allegations that crew members were asked to sign "waivers," the Company would like to clarify the series of events that transpired that evening and the days after the incident.
Transocean did not present incident response forms when crew members arrived at shore: The rescue ship arrived at Port Fourchon approximately 27 hours after the incident. Contrary to several erroneous reports, there was no distribution of any incident response forms on behalf of Transocean to the crew members at that time. Upon arrival at Port Fourchon, crew members were given an opportunity to leave, however, were encouraged to accept transportation to the Crowne Plaza Hotel in Kenner, Louisiana.
Crew members were offered medical care, rooms and opportunity to go home upon arrival at hotel: The Crowne Plaza Hotel was used as a central location for the crew members and their families with the goal of meeting all of their personal and medical needs and of obtaining as much information about the incident as possible. Upon arriving at the hotel, crew members were offered the opportunity to meet with qualified medical professionals, to retire to private rooms where they could eat, shower and sleep, or go home. Only then did Transocean and its representatives present crew members with a standard one-page document that asked them to describe where they were at the time of the incident, what they were doing, and to affirm, if true, that they were not a witness and/or that they were not injured. They were free to complete the form at their leisure, or not at all. Some crew members even took the forms home and returned them more than seven days after the incident. L & L Energy (Nasdaq; LLEN) $9.78. Today announced that Dr. Syd S. Peng, a coal expert, was engaged as a consultant to strengthen energy operations. In addition, Mr. Robert Okun, a Wall Street veteran became an advisor to assist the company's strategic planning. Dr. Peng is a distinguished professor of mining engineering at the West Virginia University (WVU), who specializes in underground mining technologies. Dr. Peng worked for the U.S. Bureau of Mines, and then joined the faculty of WVU where he served as Chairman of Department of Mining Engineering. Dr. Peng earned his PhD in Mining Engineering from Stanford University in 1970. Mr. Okun is a Managing Director of The Seaport Group. He has over 20 years of experience including UBS AG, and JP Morgan in convertibles and institutional investments. Mr. Okun holds a Bachelor degree from New York University and a MBA from Fordham University.
What They Do: Transocean is the world's largest offshore drilling contractor and the leading provider of drilling management services worldwide.
What They Do: Headquartered in Seattle, L & L Energy focuses on the energy market in China. It operates profitable coal mines, coal wholesale, coking, and coal-washing facilities in Yunnan and Guizhou Provinces.
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