NJMC initially purchased a controlling interest in GF/H in 2014, for the strategic location and mineral potential of the claims, as well as for their excellent potential for timber harvesting and for land swaps given their location within and near USFS and BLM land.
NJMC has commenced small-scale open pit mining at Golden Chest, stockpiling its first ore on-site, prior to its shipment to the company's nearby New Jersey Mill.
Business Accelerator, a project of the New Jersey Meadowlands Commission, provides early stage businesses the support services, guidance and networking opportunities that are critical to turning an idea or technology into a successful business.
Tax base growth has slowed over the past three years with declines driven by the NJMC property valuation decline and some commercial/residential declines but remains sizable at $3.
While the NJMC settlement was sought, the township issued and repaid $6.
To meet the overall traffic needs of this economically critical corridor, the NJMC determined that the most cost-effective and immediate solution to reduce congestion was the upgrade and coordination of the regions signal system, and the deployment of the adaptive traffic control system known as SCATS or the Sydney Coordinated Adaptive Traffic System.
Through its renewable energy initiatives the NJMC has shown that economic growth and environmental protection are not mutually exclusive goals and can go hand-in-hand to improve the economy and quality of life of New Jersey residents.
In order to acquire Marathon's interest, the agreement calls for NJMC
to make a USD 10,000 down payment, to be followed by a USD 90,000 payment by 30 November 2015 to execute the option.
The new master plan is a bold effort to give the salt marshes and Hackensack River the protection and wildlife management they need and deserve," said NJMC
Executive Director Robert Ceberio.
Chairman Susan Bass Levin noted that the acquisitions highlight Governor McGreevey's Smart Growth initiative to secure environmentally sensitive wetlands throughout the state.
In order to acquire Marathon's stake, the Agreement requires NJMC
to make a $10,000 down payment, to be followed by a $90,000 payment by November 30, 2015 to implement the Option.
to invite entrepreneurs to run Kinnison, Khardah and RBHM jute mills through licence route