Teresa had an early introduction to mining through her father’s career as a geophysicist. As a toddler, she was carted through interior British Columbia to various mineral exploration sites, including what eventually became Hedley’s Mascot Gold Mine. Her father changed careers long ago, but Teresa retained an interest in geology, and is keen to learn more about the different factors affecting resource commodity markets.
An avid writer and voracious reader, Teresa recently graduated from the University of British Columbia where she majored in English Literature. Since then she has pursued writing in many forms, including novel writing, freelance ghost writing, and blogging for The Breakfast Courier, a startup company in Vancouver. When she is not writing, Teresa can be found on the ski hill or volunteering in local schools.
Potash prices have been slow to rebound a year following Uralkali’s exit from Belarus Potash Company. That could cause trouble for BHP Billiton as the miner looks for a partner for its proposed Jansen potash mine in Saskatchewan.
Mining.com reported that Ivanhoe Mines (TSX:IVN) has hired Morgan Stanley & Co and BMO Capital Markets to act as financial advisors. BMO and Morgan Stanley will conduct a strategic review of Ivanhoe’s projects in the Democratic Republic of Congo.
MDN Inc. (TSX:MDN) has confirmed the start of its previously announced exploration program at its 100 percent owned Samaqua property. Samaqua is located in the Saguenay-Lac-Saint-Jean region of Quebec, Canada.
Alderon Iron Ore Corp. (TSX:ADV,NYSE MKT:AXX) and BNP Paribas have agreed to terminate the engagement of BNP Paribas as lead arranger of the senior debt financing facility for the construction of the Kami Project. Alderon has appointed Endeavour Financial Limited in order to act as its financial advisor in terms of the project financing process. It intends to form a club syndicate of international banks to provide the senior debt financing facility.
Mining.com reported that Northern Minerals (ASX:NTU) locked in $6 million in funding from Macquarie Bank Limited, while the Environmental Protection Agency recommended the Browns Range mine for conditional environmental approval.
Lithium Corporation (OTCQB:LTUM) has entered an asset purchase agreement to sell its interests in the BC Sugar flake graphite property and the San Emidio and Fish Lake Valley lithium – brine properties, to PATHION, Inc.. Also, the company announced that Tom Lewis will step down as president and Brian Goss, currently a director of Lithium Corporation, will become president, secretary, and treasurer of the company.
Bacanora Minerals Ltd. (TSXV:BCN,AIM:BCN) has received $1 million from joint venture partner Rare Earth Minerals PLC (LSE:REM) relating to REM’s second stage option under the JV. The company also provided an update on its exploration activities at the Sonora Lithium Project in Mexico.
Corsa Coal Corp. (TSXV:CSO) has completed its previously announced transaction for the acquisition of PBS Coals Ltd.. Corsa purchased PBS for an all-cash transaction for consideration of US$60 million.
Grafoid Inc., a private graphene development and investment company partnered with Focus Graphite Inc. (TSXV:FMS), announced the official opening of its Kingston, Ontario production facilities. The opening ceremony was attended by civic, provincial and federal representatives.
Highbank Resources Ltd. (TSXV:HBK) announced that it has finalized a contract with Foresight Innovations Ltd., located in Victoria B.C.. The company has been contracted to drive pilings and complete the infrastructure for a barge load-out facility at Highbank’s Swamp Point North project.