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.
Except for a ten-day period from March 14th to the 24th when palladium prices fell off a cliff and then steadily rebuilt, the impact of the Japanese troubles on the price of palladium has been limited.
Following its recent dramatic rise, the question on everyone’s lips is what will the future bring for palladium price prospects in the short, near and long-term time horizons. Answers to these questions depend on both demand and supply dynamics for the metal.
The price of palladium is soaring to a 25-month high on the back of rebounding automotive sales, ETF trading and concerns over a depletion of Russian stockpiles. The price has doubled in the past year, and some analysts see the trend continuing.
Premium Exploration Inc. (TSX VENTURE:PEM) announced that assay results have been received from the final three holes of the Phase-Two drill program at the Friday-Petsite gold project in central Idaho, USA.
FISSION ENERGY CORP. (TSX VENTURE:FIS) and its joint venture partner, the KEPCO Consortium, reported that drill hole WAT10-066, located immediately south of the high-grade mineralization encountered in the WAT10-063A, intersected a 12.0m interval at the unconformity (202.0m-214.0m) grading 3.64% U308, including 1.50m at 27.38% U308.
Midland Exploration Inc. (TSX VENTURE:MD) reported the beginning of a first drilling program on its 100%-owned James Bay Gold Property which is currently under the third year option agreement with Agnico-Eagle Mines Limited.
Midland Exploration Inc.(TSX VENTURE:MD) reported the acquisition by staking of a new property with strong gold potential, covering more than 8 kilometres strike length along the Sunday Lake Deformation Zone (SLDZ).