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.
Strata Minerals (TSXV:SMP) has identified five separate phosphate mineralization outcrop areas and a surface resource target at its Diamond Mountain project in Utah. Three grab samples from the most prominent outcrop have measured 34.43 percent, 34.12 percent and 35.01 percent P2O5.
A ten day strike at Peru’s Antamina Copper Mine – jointly owned by BHP Billiton (NYSE:BHP,ASX:BHP,LSE:BLT) (33.75 percent), Glencore Xstrata (LSE:GLEN) (33.75 percent), Teck Resources (TSX:TCK.B,NYSE:TCK) (22.5 percent) and Mitsubishi (TSE:8058) (10 percent) – has been ruled illegal by Peru’s government, according to Reuters.
In the November, 2014, edition of the Gold Newsletter (subscription) Brien Lundin says to keep holding Santacruz Silver Mining (TSXV:SCZ) according to Stockwatch. The editor said that if metal prices were to make even a modest comeback, the company would be “the kind of producer that should provide significant leverage.”
Despite making headlines for dropping resource stocks as of late, investment firm Pinetree Capital (TSX:PNP) appears to be picking up shares of at least one resource junior. Pinetree reported acquiring 280,000 common shares of Goldspike Exploration (TSXV:GSE) on Thursday, or roughly 0.5 percent of all issued and outstanding shares of Goldspike as of November 19.
Moly prices could be in for a boost in the next five years if the metal is buoyed up by increased consumption and production in China. A report released Thursday states that the country’s moly consumption is set to hit 120,000 metric tons in 2015, reaching 135,000 MT by 2020.
According to details released by China’s State Council on Wednesday, the country’s new energy strategy will see coal consumption capped at 4.2 billion tonnes in 2020, the New York Times reported. The strategy follows last week’s announcement that China and the United States had signed a deal to cut emissions.
Representatives from France and Bolivia have signed several letters focused on collaboration regarding renewables, nuclear energy and lithium, according to PV magazine. The letters are part of a cooperative agreement on cultural, scientific and technical matters between the two countries that goes back almost 20 years.
Wellgreen Platinum (TSXV:WG,OTCQX:WGPLF) provided an update on the progress of a preliminary economic assessment for its Wellgreen project, suggesting that it is still aiming to complete the study before the end of 2014.
Wellgreen has completed a $9.1 million non-brokered equity financing. The placement was completed at a roughly 11 percent premium to the company’s 10 day volume weighted average trading price.