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.
The Obama administration’s 2013 budget plan calls to overturn a 140 year old mining law which exempts gold and other metal miners operating in the US from paying royalties.
In 2010 some analysts thought John Embry’s forecast of the 2012 gold price, which placed the yellow metal between $1,500 and $2,000 an ounce, was too optimistic. Now it seems that Embry may have undershot the mark.
May 8th-14th is BC Mining Week 2011, a week full of educational and networking events to celebrate one of the province’s largest and oldest industries.
Nortec Minerals Corp. (CVE:NVT)(PINK:NMNZF)(FRA:WMQ) announces that it has identified three mineral property areas with porphyry copper-gold-molybdenum potential in Ecuador for acquisition.
The Ottawa Citizen reports that Industry Minister Tony Clement said he will determine if a review is necessary for the proposed merger between the Toronto and London stock exchanges.
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.
Cream Minerals Ltd. (CVE:CMA) announces the initiation of its 2011 exploration and drill program at the company’s flag ship project, the Nuevo Milenio Silver-Gold Project located in Nayarit State, Mexico.