AXMIN Inc. is pleased to report that a follow up reverse circulation (”RC”) drilling program has confirmed the continuity of potentially economic grades and widths of gold mineralisation over at least 1,000 metres of strike length within the previously announced Kofi South gold mineralised structure, within the Loulo area of Mali. The 1,000 metre long [...]
Canary Resources Inc. today announced the formation of a new drilling company and a well service company. Canary’s management has hired experienced employees and procured equipment and inventory over the past several months, enabling Canary to reduce its reliance on an increasingly expensive and scarce third party services industry.
With the creation of these wholly owned [...]
Gastar Exploration Ltd. is pleased to announce that it has drilled the John Parker (number sign)1 well located in Robertson County, Texas to a total depth of 17,522 feet and, based on preliminary analysis of electric logs and gas shows encountered during drilling, the well encountered approximately 60 net feet of apparent pay with high [...]
Full Metal Minerals (TSX VENTURE:FMM.V - News) is pleased to announce that it was notified by the Alaska Mental Health Trust that the Company has been awarded a coal lease covering 22,647 acres. The lease area includes Alaska’s only significant occurrences and past-producing operations of metallurgical coal. In the area of the Chickaloon Coal lease, [...]
Drilling service provider Bronco Drilling Co. said Tuesday its second-quarter profit surged, thanks to a sharp rise in sales and an increase in the average number of operating rigs.
Income for the quarter was $14.7 million, or 59 cents per share, up from $2.5 million last year. Revenue for the quarter was $67.1 million, up from [...]
The Energy Department is prepared to provide oil from the government’s emergency supplies if a refinery requests it because of the disruption of supplies from Alaska, a department spokesman said Monday.
“We’re taking a very serious look at this,” said spokesman Craig Stevens, referring to the loss of nearly half of oil shipments from Alaska’s North [...]
Mano River Resources is developing gold and diamonds projects in West Africa and also has its eyes on a promising iron ore prospect in the same region.
The company is listed on the TSX-V and AIM exchanges (ticker symbols MON and MANA respectively. The stock is well distributed with 40% owned by institutions and 15% in [...]
BP Exploration Alaska, Inc. has begun an orderly and phased shutdown of the Prudhoe Bay oil field following the discovery of unexpectedly severe corrosion and a small spill from a Prudhoe Bay oil transit line. Shutting down the field will take days to complete. Over time, these actions will reduce Alaska North Slope oil production [...]
