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.
Gold Resource Corporation (NYSE MKT:GORO) reported that it has sustained an illegal mine protest and work stoppage at its Aguila project. The protest has ended and Gold Resource is working to return the project to normal operations in the next few days.
Reuters reported that Ivanhoe Mines (TSX:IVN) intends to meet with the government of the Democratic Republic of Congo (DRC) to speak about the sale of 49.5 percent of its Kamoa copper project to China’s Zijin Mining. The deal was announced Tuesday, but the government has said it was unaware of the transaction.
Roxgold (TSXV:ROG) has received approval for its mining convention at the Yaramoko gold project from Burkina Faso’s Council of Ministers. Previously, Roxgold received approval of a state decree for the project, granting it the rights to develop and operate Yaramoko.
Nevada Copper hit another milestone at Pumpkin Hollow on Thursday. The company updated the feasibility study for the project, and Joseph Gallucci of Dundee Capital Markets believes that the integrated approach will reduce capital requirements by roughly $300 million relative to an earlier staged development plan.
Wellgreen Platinum (TSX:WG) provided an update on ongoing activities at its Wellgreen project in Canada’s Yukon, reiterating results of its PEA released in March 2015. The company is assessing a number of potential considerations that could improve the economics of the project.
Avrupa Minerals (TSXV:AVU) reported drill results from its Slivovo project in Kosovo. Hole SLV 011 intercepted 30 meters of 6.92 grams per tonne of gold and 16.2 grams per tonne of silver. Phase 1 and 2 drilling has been completed at the project, and phase 3 drilling has commenced.
Source Exploration (TSXV:SOP,FWB:4QW) reported it has found a new highly mineralized zone as a result of recent drilling at the Nopaltepec target at its Las Minas property. One discovery hole included intercepts of 5.74 grams per tonne of gold equivalent over 17 meters, including 5 meters grading 13.7 grams per tonne equivalent and containing 1 meter grading 35.02 grams per tonne of gold equivalent.
Bloomberg reported that palladium is drawing more attention from investors as US car sales continue to record stronger growth. ETF holdings of the metal hit a three-month high this week, according to the news outlet.
Geomega Resources (TSXV:GMA) reported that two professors from the Universite du Quebec en Abitibi-Temiscamingue (UQAT) received a $204,500 grant from Natural Sciences and Engineering Research Council of Canada (NSERC) to study geochemical behavior of rare earth elements mine discahrges, using material from Geomega’s Montviel project.