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.
PolyMet Mining Corp.(TSX:POM)(NYSE Amex:PLM) announced on the current status of the environmental review and permitting program at its Erie Plant and NorthMet mine project. The press release is quoted as saying: PolyMet Mining Corp. is a publicly-traded mine development company that controls 100% of the NorthMet copper-nickel-precious metals ore body through a long-term lease and [...]
Niocan Inc. (CA:NIO 0.34, +0.04, +13.33%)reported that the company has received positive preliminary metallurgical testing results for its iron ore property. The press release is quoted as saying: Niocan’s mission is to become a ferroniobium producer as soon as possible, following the issuance of a Certificate of Authorization from the Ministry of Sustainable Development, Environment [...]
Champion Minerals Inc. (TSX VENTURE:CHM)(FRANKFURT:P02) reported the completion of its previously announced non-brokered private placement , subject to final TSX Venture Exchange acceptance. The press release is quoted as saying: Champion is an exploration company focused on discovering and developing significant metal resources in eastern Canada, particularly in the provinces of Quebec and Newfoundland and [...]
First Point Minerals Corp. (TSX VENTURE:FPX) reported the discovery of nickel-iron alloy on its 100%-owned Klow property. The press release is quoted as saying: The disseminated nickel-iron alloy grains and composites range from less than 50 to more than 900 microns in size based on petrographic microscope examination. The Klow property is located about 135 [...]
CHAMPION MINERALS INC. (TSX VENTURE:CHM)(FRANKFURT:P02) provided an update on the exploration program at the Company’s wholly-owned Attikamagen Iron Property following the completion in 2009 of a detailed mapping and sampling campaign and a 2008 airborne magnetic survey by Labec Century Iron Ore Inc. The press release is quoted as saying: Champion is an exploration Company [...]
Alderon Resource Corp. (TSX VENTURE:ALD) reported that the company has closed the $10 million non-brokered private placement previously announced on January 15, 2010 through the issuance of 10 million subscription receipts, at a price of $1.00 per subscription receipt. The press release is quoted as saying: The Company and Privco are parties to an Option [...]
Adriana Resources Inc. (TSX VENTURE:ADI) reported that Mr. Ronald P. Gagel has been appointed as a director of the Company effective immediately. The press release is quoted as saying: Mr. Gagel is a chartered accountant with more than 30 years of professional experience, predominantly in the natural resources sector. Mr. Gagel is currently the Senior [...]
The Seekingalpha.com reports China on the Prowl for Iron Ore: With steel demand rising steadily, China has its eye on acquisitions for iron ore and copper in 2010 after a record $32B overseas takeover in 2009. China will hunt particularly for iron ore in the new year according to Jing Ulrich, the chairwoman of China [...]
Consolidated Thompson Iron Mines Ltd. (TSX:CLM) reported the appointment of Bernard R. Wilson to the new position of Lead Director. The press release is quoted as saying: Consolidated Thompson Iron Mines Limited is a development and exploration mining company. The Company is presently developing at the expected initial rate of 8.0 million tonnes per year [...]
China Armco Metals, Inc. (OTCBB: CNAM), a distributor of imported metal ore with plans launched a new state of the art scrap metal recycling facility in China. The company also announced that it has received approval to list its common stock on NYSE Amex. The press release is quoted as saying: China Armco Metals, Inc. [...]
