Eastern

Results 41 - 50 of about 325 news for the tag: Eastern.

Medoro Announces Commencement of Drilling in Mali

May 9th, 2008

Medoro Resources Ltd. announced today that drilling has commenced on the eastern sector of the company’s Sindo property in Mali.
A first drilling phase is aimed at checking at depth the gold occurrences contained within two highly anomalous areas in the vicinity of extensive artisanal workings. The program consists of 20 diamond drill holes for [...]

Magnus International Resources Signs Earn-In Agreement on Ibanda Gold Exploration Property in Uganda

May 5th, 2008

Magnus International Resources, Inc. is pleased to announce the signing of an Earn-In Agreement with Canmin-Gold Limited, a subsidiary of IBI Corporation, on the Ibanda gold exploration property located in southwest Uganda.
Under the terms of the Agreement, Magnus has the right to earn a 5% interest in the property for each $150,000 of expenditures that [...]

Coal mines offering immediate opportunities for engineering grads

May 4th, 2008

The coal industry is so hungry for workers that at least some coal companies are snatching up coal mining engineering students before they make it through four years of college.
“Our mining engineering technology only has about 10 students in the entire program right now,” Roger Owensby said. “Some students start out in the program, but [...]

Montana coal leases to be offered by end of year

April 19th, 2008

Leases on vast state-owned coal tracts in southeastern Montana will be offered for bid by the end of the year, but possibly not in time to fulfill an investment bank’s request for an expedited timeline, state officials said.
A London-based bank, Rothschild, had requested the state put the Otter Creek coal tracts near Ashland up for [...]

Research says more oil in area

April 17th, 2008

The U.S. Geological Survey has released an assessment of the Bakken Formation, which stretches across 25,000 square miles from northeastern Montana across northwestern North Dakota and up into the southern region of Saskatchewan.
The last USGS study, completed in 1995, estimated the Bakken Formation had 150 million barrels of undiscovered technically recoverable oil. Thirteen years later, [...]

3 to 4.3 Billion Barrels of Technically Recoverable Oil Assessed in North Dakota and Montana’s Bakken Formation 25 Times More Than 1995 Estimate

April 17th, 2008

North Dakota and Montana have an estimated 3.0 to 4.3 billion barrels of undiscovered, technically recoverable oil in an area known as the Bakken Formation.
A U.S. Geological Survey assessment, released April 10, shows a 25-fold increase in the amount of oil that can be recovered compared to the agency’s 1995 estimate of 151 million barrels [...]

The Biggest Oil Discovery in U.S. History

April 17th, 2008

The Bakken oil formation, which stretches across North Dakota, Montana and southeastern Saskatchewan, is suddenly drawing worldwide attention.
On Thursday, April 10, the U.S. Geological Survey (USGS) published an official study on the massive Bakken reserve.
Among the agency’s findings:
* Up to 4.3 billion barrels of oil could be recovered from the Bakken shale formation — a [...]

Billions of gallons of oil in North Dakota, Montana

April 17th, 2008

A shale formation stretching North Dakota and Montana may have an estimated 3 to 4.3 billion barrels of technically recoverable oil, according to a U.S. Geological Survey assessment.
Known as the Bakken Formation, the find would make the recoverable oil in North Dakota and Montana the largest U.S. oil reserves outside Alaska.
The recently released assessment shows [...]

Oil Pipeline Developers Want ND Route Changes

April 17th, 2008

Developers of the Keystone oil pipeline want to make 49 changes in its proposed route through eastern North Dakota.
North Dakota`s Public Service Commission has scheduled an informal hearing on May 21 to discuss the company`s wish list.
And the commissioners say people who are interested in the pipeline`s route have until May 19 to request a [...]

Nickelore Limited Raises Capital and Sells Nickel Rights To Minara Resources

April 16th, 2008

Emerging nickel producer Nickelore Ltd is pleased to announce that it has raised a total of A$1.02 million from a sale of the nickel rights in the Bardoc Nickel Project (BNP) to Minara Resources Limited (ASX: MRE.AX), and a small capital raising book build. The purchase agreement signed today is expected to complete on 4 [...]