Melissa Pistilli has been reporting on market-shaking news in the resource and mining investment sector for over five years and has been with the Investing News Network since 2008. She has written on a wide variety of topics, from managing political risk in the mining industry to manipulation in the silver market. Formerly the managing editor of the Investing News Network, Melissa now serves as a senior reporter writing for Lithium Investing News and Uranium Investing News. She is most interested in the impact of global economics, politics and sociocultural influences on the commodities markets, and this shows in her reporting. Melissa holds a bachelor’s degree in English education as well as a master’s degree in teaching of writing, both from Humboldt State University, California. She currently resides at the heart of Canada’s mining industry — Vancouver, British Columbia.
Zinc prices have fallen dramatically due to large surpluses of the metal. Many analysts see a surplus of upwards of 750,000 tonnes in 2011, and continuing into 2012. However, a lack of concentrate coming from mines may bring the market into balance in the future.
Constantine Metal Resources Ltd. (CVE:CEM) announces a signed agreement to acquire a 100% interest in the 909 acre Hornet Creek property located in the Hornet Creek mining district of west central Idaho, USA.
Field crews have completed the 2010 exploration program at Callinan Mines (CVE:CAA) wholly owned Coles Creek property near Houston, BC. A total of 20 diamond drill holes were completed to test structures identified by geophysics and by previous drilling. Activity was centered on a newly discovered volcano-sedimentary structure exhibiting well mineralized intersections of sphalerite, galena, [...]
Tara Minerals Corp. (OTCBB: TARM) (BERLIN:6T3), a subsidiary of Tara Gold Resources Corp. (PINKSHEETS: TRGD) (FRANKFURT: T8N), reported the decision to advance the San Felipe Gold & Silver structure into production. The press release is quoted as saying: Tara Minerals Corp. is generating cash from the sale of Silver, Zinc, and Lead concentrate from its [...]
International Millennium Mining Corp. (TSX VENTURE:IMI)(FRANKFURT:L9J) announced further to its announcements on February 11, and 12, 2010,that the Company has closed a $350,000 private placement. The press release is quoted as saying: International Millennium Mining Corp. is a mineral exploration and development company engaged in acquiring known small mines world-wide and in the exploration of [...]
International Millennium Mining Corp. (TSX VENTURE:IMI)(FRANKFURT:L9J) has amended, restated and re-filed the management discussion and analysis for; the Year ended December 31, 2008, the quarter ending March 31, 2009, the quarter ending June 30, 2009, and the quarter ending September 30, 2009 in response to a request from the British Columbia Securities Commission, July 13, [...]
Pro Minerals Inc.(CA:PRM 0.08, -0.02, -20.00%) reported that the Company has now commenced an extensive exploration program on its recently announced Discovery Lake VMS Project. The press release is quoted as saying: Located a relatively short distance from the renowned James Bay Lowlands/Ring Of Fire region, the Discovery Lake Project represents an opportunity to open [...]
Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) and mine owner NANA Regional Corporation, Inc. commented on an appeal that has been filed against the U.S. Environmental Protection Agency for renewal of the water discharge permit issued to Teck Alaska’s Red Dog Mine. The press release is quoted as saying: Teck is a diversified [...]
Paragon Minerals Corporation (TSX VENTURE:PGR) reported that further to its news releases dated November 30, 2009 and December 18, 2009, the company has completed the non-flow-through portion of a non-brokered private placement, and has issued 1,428,772 non-flow-through Units at a purchase price of $0.14 per NFT Unit for gross proceeds of $200,028. The press release [...]