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.
Kaminak’s board of directors has approved the start of a feasibility study for the company’s Coffee gold project. The decision to move directly to the feasibility phase was made in light of positive results from the preliminary economic assessment for Coffee.
Caribou King Resources Ltd. (TSXV:CKR,FWB:CB8) has completed its trenching and sampling program for the southeastern zone of its Buckingham graphite project. The program obtained graphite bearing grab samples from three trenches, with assay values between 13.6-18.1 percent graphitic carbon.
The Guardian reported today that Adani Enterprises (NSE:ADANIENT) has been given approval for its Carmichael mine. The $16.5 billion project will be the largest coal mine in Australia, according to the Guardian.
The Wall Street Journal reported today that big companies are shifting towards more developed nations for their oil and gas exploration projects. For companies like Shell (NYSE:RDS.A) and Exxon Mobil (NYSE:XOM), higher costs and tighter regulations are balanced by the benefit of political stability, according to the Journal.
Reuters columnist Clyde Russell wrote today that iron ore miners BHP Billiton (NYSE:BHP) Rio Tinto (NYSE:RIO) and Vale (NYSE:VALE) are bent on keeping their dominant position in the market by increasing low cost production. The strategy will depend on whether demand from China will continue to support prices, according to the author.
Paladin Energy Ltd. (TSX:PDN,ASX:PDN) provided its quarterly activities report for the three months ended June 30, 2014. Highlights included the completion of the Langer Heinrich minority Joint Venture US$190 million sale, strong FY14 production and a 25 percent increase in Measured and Indicated resources for the Michelin project.