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.
NGEx Resources Inc. (TSX:NGQ) has entered an agreement to purchase a 40 percent interest in the Filo del Sol project, currently held by its partner Pan Pacific Copper Co., Ltd., for a 100 percent interest in the project. Under the terms of the agreement, NGEx will pay a total cash consideration of US$7.0 million to pan pacific.
Vishay Intertechnology (NYSE:VSH) has released a new tantalum-cased, hermetically sealed wet tantalum capacitor. The capacitor is the first to meet the MIL-PRF-39006/33 specification, which “offers established reliability for critical avionics and aerospace systems.”
Highbank Resources Ltd. (TSXV:HBK,FWB:V70) has applauded the government of British Columbia for reducing levys for LNG producers. The company believes that the revised tax structure will help bring more energy investment in BC.
Reuters reported that LME copper is headed for weekly gains, even though prices dipped slightly on Friday. Copper for three month delivery dipped 0.2 percent to $6,680 a tonne by 0227 GMT. Prices could rise by 0.6 percent this week.
In an article for Mineweb, Kip Keen took a look at Trimetals Mining (TSX:TMI.B)at Brien Lundin’s New Orleans Investment Conference. Though the company’s gold deposits in Nevada currently look “rather inconsequential,” the author notes that they have grown steadily, and have potential to keep doing so.
China was once responsible for over 90 percent of global rare earths production, allowing it to restrict exports and manipulate prices. However, following a WTO ruling against that practice earlier this year and moves to crack down on illegal mining, China’s share of global rare earths production could be dropping.