AGP Executive Report
Last update: 7 hours agoLocal Spending: A Carson City group has filed a petition to require voter approval for city installment purchases of $10 million or more, including related purchases that add up to that threshold. Organizers have 180 days to collect signatures. Critical Minerals: Krait Critical Minerals is expanding its U.S. antimony holdings with an acquisition in Humboldt County, building on a Washington property as demand grows for minerals used in defense and advanced manufacturing. Banking: Reno-based Plumas Bancorp reported record third-quarter earnings of $11.4 million, more than double its $5.1 million a year earlier. Casinos: Encore’s revenues fell 22% amid a workers’ strike, underscoring the labor dispute’s impact on Las Vegas operations. Energy and Jobs: Ormat secured a leading position in a Nevada geothermal auction, while the state added 1,300 jobs in September and unemployment fell for a fifth straight month. State Outlook: Nevada’s economic panel warned that the Iran war and rising costs could weigh on state revenues.
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