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Tuesday, June 05, 2007

USEC Starts Construction on American Centrifuge Plant and Chairman of James River Sells 30,000 Shares

Source:financialnewsusa.com

Industrial Metals & Minerals industry news provided by Financial News USA (OTC: FNWU). USEC Inc. (NYSE:USU) newly began building on its American Centrifuge uranium improvement plant in Piketon, Ohio. John K. Welch, USEC president and chief executive officer said, "This marks another significant step toward deploying U.S. developed centrifuge technology to provide enriched uranium fuel for nuclear power plants". USEC Inc., a worldwide energy company, is a top supplier of improved uranium fuel for commercial nuclear power plants.

The chairman of James River Coal Co. (Nasdaq:JRCC), an operator of coal mines, sold 30,000 shares of company business stock and surrendered almost half that many shares, as said by a Securities and Exchange Commission filing Wednesday. On last Friday, in a Form 4 filed with the SEC, Peter T. Socha stated he sold 30,000 shares for $14.37 to $14.66 apiece. Socha also surrendered 13,386 shares back to the business (company) for $14.60 apiece.

CONSOL Energy Inc.'s (NYSE:CNX) South Hills headquarters belongings has changed hands for the second time in two years. Corvus International, a real estate shareholder based in Bradenton, Fla., which holds the property under the name Corvus Pittsburgh attentions LLC, has sold it to One 1800 Washington Road Associates L.P., a local ownership group, as said by records filed with the Allegheny County Recorder of Deeds Office.

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