Ranking America’s oil-richest states

Despite all the attention fracking and North Dakota gets, it’s still ranked only number four on a list America’s richest oil states.

Here is the full list from Visul.ly starting with Louisiana at number 10.

Reserve figure data is from 2011.

The 10 Most Oil-Rich States

Explore more infographics like this one on the web’s largest information design community – Visually.

 

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SouthGobi receives mining license for Soumber deposit

SouthGobi Resources announced today that the Mineral Resource Authority of Mongolia (MRAM) has issued mining license MV-016869 to its wholly-owned Mongolian operating subsidiary SouthGobi Sands LLC. The new license pertains to the resource previously disclosed by the Company under NI 43-101 standards as the Soumber Deposit.

VISTA Training launches online training modules for heavy equipment

As part of its Silver Series, VISTA Training has launched two online training modules for trainees in the fields of mining and construction: Heavy Equipment – Intro & Safety and Heavy Equipment – Pre-Use Inspection.
The Silver Series gives equipment owners convenient access to task-focused training on many types of heavy machinery, on demand. These affordable modules are designed to help trainees to become proficient and safe equipment operators, and make it easy for equipment owners to schedule training when and where it's most convenient for them. They're also ideal for smaller companies that may only need to train a handful of new operators per year.

Stock Markets 101 for Mongolians ahead of coal mine IPO

A Reuters feature article on Wednesday tells how forced to sell his animals and flee his dried-up lands, former herder Sainbuyangiin Tsagaan-Ovgon is now hoping mining profits will let him return to his native Gobi. The 72-year old, who admits he knows nothing about stocks, will soon receive 536 shares in the Mongolian company that owns the world's largest coking coal deposit.

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Top 10 metals and minerals projects in Canada total $57.3bn

The Top 10 Metals & Minerals Industry projects in Canada are dominated by large-scale oil sands and metal mining projects. What was once considered a large project is being dwarfed by today's mega-projects. Projects exceeding $1 billion are no longer rare, but commonplace. Currently, there are 67 projects in Canada with a total investment value (TIV) of $1 billion or more.

Oilsands Quest Provides Update on Strategic Alternatives Review Process

Oilsands Quest assessed the results of the formal strategic alternatives process launched on August 17, 2010, which explored options to enhance shareholder value. After opening a data room and holding discussions with several entities in recent months, Oilsands Quest has achieved a clear understanding of asset development that potential partners or purchasers are seeking.

Fair trade gold glitters more brightly

The newest Fair Trade standard, gold and associated precious metals, made its debut a little more than a year ago. It promises to improve social and environmental conditions for millions of small and artisanal gold miners around the world.