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.
Last week, Dalradian Resources received C$8.6 million in proceeds from the exercise of roughly 96.5 percent of 10 million warrants issued last February. The company sees the exercise as “a strong vote of confidence from Dalradian’s warrantholders,” and analysts at Dundee Securities seem to agree.
Ucore Rare Metals (TSXV:UCU) reported successfully using IBC Advanced Technologies’ proprietary Molecular Recognition Technology (MRT) to separate each individual rare earth element at high purity. The process consistently separated rare earths to produce rare earth salts at 99 percent purity from a pregnant leach solution (PLS).
The most recent drill results from Fission Uranium (TSX:FCU) have returned off-scale radioactivity, on-land, 555 meters west of the Triple R deposit. Hole PLS15-343 returned 9.31 meters of 10,000 cps radioactivity over a 65.5 meter mineralized interval.
Copper Fox Metals (TSXV:CUU) reported its annual results for 2014. The company reported a financial loss of $912,959 for the year. In addition, Copper Fox incurred $4,421,802 in expenditures toward furthering the exploration of its Van Dyke copper project in Arizona and obtained a 42 percent equity interest in Carmax Mining (TSXV:CXM) by investing $1,237,025.
Following a shutdown of its coal operations over Christmas, Glencore (LSE:GLEN) announced plans to reduce Australian exports by 15 million tonnes in 2015. Analysts still see both the thermal and metallurgical coal markets as very oversupplied.
Last than a month after the Greek government unequivocally stated its opposition to Eldorado Gold’s (TSX:ELD) Skouries mine in the country, Reuters reported that Greece has said that it won’t block the mine. However, the government will review permits for a processing plant at the site.
Focus Graphite (TSXV:FMS) reported results from initial independent laboratory test work conducted to compare carbon coated Spherical Graphite to commercial carbon coated synthetic graphite. Results indicated that Lac Knife coated Spherical graphite showed a superior electrochemical performance, compared to commercial grades of synthetic graphite, in lithium ion batteries.