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.
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, [...]
Wildcat Exploration Ltd. (Wildcat) (TSX VENTURE:WEL) reported that the company has resolved the action and all counterclaims in the Prizant v. Wildcat Exploration Ltd. et al matter in which a former executive of Wildcat had made claims for defamation and wrongful dismissal in the approximate amount of $13 million. The press release is quoted as [...]
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 [...]
Pan American Silver Corp. (TSX:PAA)(NASDAQ:PAAS) reported record-setting operating and financial results for the fourth quarter and fiscal year ended December 31, 2009. The Company updated on its operations and its production forecast for 2010. The press release is quoted as saying: Pan American expects gold production to decline in 2010, to 85,600 ounces as a [...]
International Millennium Mining Corp. (TSX VENTURE:IMI)(FRANKFURT:L9J) announced that the company has increased it’s non-brokered private placement from $252,000 to $350,000. 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 polymetallic mineral properties in Canada [...]
International Millennium Mining Corp. (TSX VENTURE:IMI)(FRANKFURT:L9J) reported that the company has begun the drilling program on the Company’s 100% owned Simon Mine Property located in the Walker Lane Trend, near Mina, Nevada. The press release is quoted as saying: International Millennium Mining Corp. is a mineral exploration and development company engaged in acquiring known small [...]
Arco Resources Corp. (TSX VENTURE:ARR) reported that the results from the underground sampling program announced October 14, 2009 on its 386 hectare Taviche property, located approximately 56 kilometers from Oaxaca City, Mexico. The press release is quoted as saying: Arco holds a 100% interest in six mineral claim blocks located in the State of Oaxaca, [...]
Duncastle Gold Corp. (TSX VENTURE:DUN)(FRANKFURT:5D3) announced that the company plans to issue up to 6.875 million common shares in two non-brokered private placements for total gross proceeds of C$500,000. The press release is quoted as saying: Duncastle Gold Corp. is a Vancouver based gold exploration company with mineral claims covering or surrounding past producers in [...]
Zinccorp Resources Inc. (TSX VENTURE:ZN) updated on a number of recently acquired mineral properties, primarily gold, located west of Timmins along the Destor-Porcupine Fault Zone. The press release is quoted as saying: Zinccorp Resources Inc., a member of the Hughes Exploration Group of companies, is a recently formed, tightly held junior mineral exploration company. The [...]
Sultan Minerals Inc. (TSX VENTURE:SUL)(FRANKFURT:RZN) announced that preliminary data from the resource estimate for the Jersey Lead-Zinc-Silver Mine suggests a significant lead zinc resource may remain on the property. The press release is quoted as saying: Sultan recently acquired the adjacent HB, Garnet and Aspen Lead-Zinc-Silver mines and has almost doubled the size of the [...]