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.
Noront Resources Ltd (TSXV:NOT) is an exploration company focused on developing its multi-metal discoveries in the Ring of Fire of northern Ontario, Canada. Noront is the largest landholder in the Ring of Fire with properties that host high-grade nickel-copper-platinum-palladium, chromium, gold, and vanadium deposits.
The world’s largest nickel supplier suggests it won’t restart idle capacity until prices reach $25,000 per ton Nickel; demand is projected to outstrip supply for the first time in four years; and Brazilian producer Vale’s Canadian plans may be on hold.
Altius Minerals Corporation (TSX:ALS) reported that as part of the recently completed Plan of Arrangement between International Royalty Corporation and Royal Gold Inc.,Altius will receive CAD $37.5 million in cash and 529,251 Royal Gold exchangeable shares for its 8,924,972 shares of IRC. The press release is quoted as saying: The expected gross proceeds to Altius [...]
GlobeStar Mining Corporation (TSX:GMI) reported highlights of its operating results for the three months and twelve months ended December 31, 2009. The press release is quoted as saying: During the fourth quarter of 2009, the Cerro de Maimon Mine in the Dominican Republic continued to operate at planned production levels. Copper production was 5.6 million [...]
Lundin Mining Corporation (TSX:LUN)(OMX:LUMI) announced its Mineral Reserve and Resource estimates as at December 31, 2009. The press release is quoted as saying: Investment in in-mine and near-mine exploration has seen the growth of mineral reserves to replace record ore tonnages mined during the year at both Neves-Corvo and Zinkgruvan. In addition, at Neves-Corvo there [...]
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 [...]
CROWFLIGHT MINERALS INC. (TSX:CML) reported that the company has closed its previously announced private placement financing for gross proceeds of approximately Cdn$11,552,000. The press release is quoted as saying: Crowflight Minerals Inc. (TSX:CML) is a Canadian junior mining company that owns the Bucko Lake Nickel Mine near Wabowden, Manitoba. The Company is also focused on [...]
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, [...]
By Kishori Krishnan Exclusive To Nickel Investing News The Euro has bounced back. London trade base metals on Friday were just that wee bit higher, with indicator charts registering the slow but sure climb of nickel. Dow Jones reported that 3-month nickel ended the day at $9.40/lb, a new high for 2010 and a gain [...]
Seekingalpha.com reported Nickel in a Pickle : Of the six major base metals, nickel has been the most volatile performer over the past several months. As we’ll soon explain, that’s not such a big surprise. This market is faced with a supply-and-demand dilemma that’s making for tricky forecasting and treacherous trading. Click here to access [...]