PennyStockPayCheck.com Rss

Featured Posts

Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

Read more

Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

Read more

Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

Read more

Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

Read more

UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

Read more

TAD Acquires the Iskut Copper Gold Prospect

Category : Stocks

VANCOUVER, BRITISH COLUMBIA–(Marketwired – May 6, 2013) - TAD Mineral Exploration Inc. (“TAD” or the “Company”) (TSX VENTURE:TJ) wishes to announce it has acquired approximately 2,165 acres of land prospective for copper and gold near the village of Iskut, British Columbia, the “Iskut Copper Gold Prospect”. This new prospect is in the vicinity of the recent discovery made on Colorado Resources Ltd.’s (TSX VENTURE:CXO) North Rok Property that retuned grades of 242 m of .63% Cu and .85% Au (April 25, 2013). This region of British Columbia also hosts the Red Chris mine owned by Imperial Metals. This prospect was acquired through staking.

Read the original here: TAD Acquires the Iskut Copper Gold Prospect

Post to Twitter

Orofino Gold Corp (ORFG: OTC Pink Current) | Orofino Gold Corp: The Company finds a rich Gold and Silver resource in Colombia.

Category : Stocks, World News

< ?xml version="1.0" encoding="UTF-8"?>

Orofino Gold Corp: The Company finds a rich Gold and Silver resource in Colombia.

PR Newswire

LAS VEGAS, NV, May 1, 2013

LAS VEGAS, NV, May 1, 2013 /PRNewswire/ – Orofino Gold Corp. (“Orofino” or the
“Company”) (ORFG.PK) on behalf of Board of Directors the Company is
pleased to announce that the

Post to Twitter

Crackdown on rail metal theft starts to take effect as incidents drop two-thirds

Category : Business

Network Rail figures show delays down 50% from 2011 peak after concerted effort to stop thieves taking copper cables

The battle against the recent plague of metal theft may finally be being won by law enforcers – at least on the railways. Figures released by Network Rail show that incidents which affected rail services dropped by two-thirds over the last year.

Total delays caused by the problem fell by more than half in the year to March 2013 to around 2,700 hours – down from more than 6,000 hours of delays to trains at the peak in 2011.

While the cost to the industry was still put at almost £13m over the last year, it represents a significant decline in a crime that has caused widespread disruption and delays for rail passengers over the past few years.

Copper cable theft has been a particular problem, hitting telephone and broadband connections as well as causing rail delays. Despite an increasing police crackdown, thefts in recent weeks caused problems including an entire Lincolnshire village losing its communications and a new bridge in south Wales having to be closed after safety railings were stolen.

Network Rail said passengers were reaping the benefits of years of work to tackle the problem with partners in the railway and associated industries.

Neil Henry, the head of operations and performance at Network Rail, said the figures were a result of several factors, including the targeting of thieves and scrap dealers by the British transport police.

He said: “Our engineers are working with suppliers and other industries to make metal – particularly our cables – harder to steal and easier to identify and our teams around the network are introducing new ways of working to reduce delay and fix thefts more quickly. We believe the introduction of new laws following our work with other industries to explain the need for change to government will continue to help to stifle the market for stolen metal.”

The transport minister Norman Baker said: “The coalition government is strongly committed to tackling metal theft and it is heartening to see that the decisive action that has been taken is now paying off with major reductions in this kind of crime.”

A ban on paying cash for scrap metal came into force in December. Fines have been increased for dealers trading in stolen metal and police have been given new powers to close unlicensed scrap yards.

Detective Chief Inspector Gill Murray of the British transport police said the reduced figures were “encouraging” but added: “We cannot, however, take our eye off the ball and will continue to develop initiatives and tactics to make life even more challenging for thieves and unscrupulous metal recyclers.”

There were 285 thefts that caused delays to rail services last year, down from 845 in 2011-12. The bill for passenger compensation for delayed trains fell to £5.8m from £12m in 2010-11.

The Scrap Metal Dealers act which comes into force in the autumn gives police powers to close unlicensed scrapyards, creates a register of dealers, and requires dealers to record ID from all sellers of metal.

A spike in commodity prices since 2008 made stealing metal an increasingly lucrative business.

Copper prices hit record highs in 2011, having trebled in the previous two years, and remained high until this year.

But recent falls in the price may dampen the appetite for illegal trade, although a report in the Wall Street Journal last week said suppliers were having to pay hefty premiums to source metals at short notice, despite a glut stockpiled in warehouses in Belgium and Malaysia.

Market Research Report — Zinc Dominated the Global Agriculture Micronutrient Market in 2011

Category : Stocks, World News

Post to Twitter

African Copper Plc: Withdrawal of Cautionary Announcement

Category : World News

LONDON, UNITED KINGDOM–(Marketwire – March 7, 2013) - African Copper Plc (“African Copper” or the “Company”) (AIM:ACU)(BOTSWANA:AFRICAN COPPER) draws shareholders’ attention to the cautionary announcement released on RNS on 28 February 2012, and the subsequent related cautionary announcements, wherein shareholders were advised that the Company’s majority shareholder ZCI Limited (“ZCI”) had initiated a process intended to unlock value from its investment in African Copper.

Visit link: African Copper Plc: Withdrawal of Cautionary Announcement

Post to Twitter

Sunward Resources Ltd (SNWRF: OTC Link) | SUNWARD REPORTS RESULTS OF METALLURGICAL TESTWORK

Category : Stocks

SUNWARD RESOURCES LTD.
Suite 880 – 1090 West Georgia Street
Vancouver, BC

Post to Twitter

U.S. Silver & Gold Inc. (USGIF: OTC Link) | U.S. Silver & Gold announces 2012 production totals, 2013 guidance and high-grade silver copper in Caladay Zone

Category : World News

< ?xml version="1.0" encoding="UTF-8"?>

U.S. Silver & Gold announces 2012 production totals, 2013 guidance and high-grade silver copper in Caladay Zone

PR Newswire

TORONTO, Jan. 30, 2013

TORONTO, Jan. 30, 2013 /PRNewswire/ – U.S. Silver & Gold Inc. (“U.S. Silver &
Gold” or the “Company”) (TSX: USA) (OTCQX: USGIF) today announced
production for 2012, production guidance for 2013 and positive new
findings in the Caladay Zone (previously known as the Lead Zone) of the
Galena Complex.

Highlights

  • Strong fourth quarter consolidated silver production totalling 661,337
    ounces along with gold production of 3,832 ounces.

  • Consolidated annual silver production of 2.57 million ounces,
    representing an increase of 6 percent over 2011 and consolidated annual
    gold production of 20,432 ounces.

  • Discovery of a large, high grade area of silver-copper mineralization
    adjacent to the Caladay Zone. Drill results include 3.7 feet at 65.3
    ounces per ton silver (2,239 grams per tonne), 5.5 feet at 59.7 ounces
    per ton silver (2,047 grams per tonne) and 2.0 feet at 66.2 ounces per
    ton silver (2,270 grams per tonne).

  • Additional high grade silver-lead mineralization identified in the
    Caladay Zone since the Company’s last exploration update1 including 16.8 feet at 25.79 ounces per ton silver equivalent2 (884 grams per tonne silver equivalent) and 7.5 feet at 23.90 ounces
    per ton silver equivalent (819 grams per tonne silver equivalent).

  • Year-end cash balance of approximately $19 million.

    Post to Twitter

Catalyst Copper Corp. (CATXF: OTC Link) | Home Country News Release – Catalyst Copper Announces Updated Resource for La Verde Copper Project

Category : Stocks, World News

Catalyst Copper Corp. has filed a Home Country News Release – Catalyst Copper Announces Updated Resource for La Verde Copper Project To view the full release click here (link to PDF).

Read more from the original source: Catalyst Copper Corp. (CATXF: OTC Link) | Home Country News Release – Catalyst Copper Announces Updated Resource for La Verde Copper Project

Post to Twitter

Catalyst Copper Corp. (CATXF: OTC Link) | Home Country News Release – Catalyst Copper Announces Updated Resource for La Verde Copper Project

Category : World News

Catalyst Copper Corp. has filed a Home Country News Release – Catalyst Copper Announces Updated Resource for La Verde Copper Project To view the full release click here (link to PDF).

View original post here: Catalyst Copper Corp. (CATXF: OTC Link) | Home Country News Release – Catalyst Copper Announces Updated Resource for La Verde Copper Project

Post to Twitter

Superior Copper Announces Closing of $800,000 Best Efforts Non-Brokered Private Placement

Category : Stocks

TORONTO, ONTARIO–(Marketwire – Dec. 28, 2012) - Superior Copper Corporation (TSX VENTURE:SPC) (“Superior Copper” or the “Company”) is pleased to announce that has completed the best efforts non-brokered private placement financing announced on December 7, 2012 for gross proceeds of $800,000. A total of 3,700,000 hard dollar units (“HD Units”) were sold at a price of $0.10 per HD Unit for gross proceeds of $370,000, and 3,583,333 flow-through units (“FT Units”) were sold at a price of $0.12 per FT Unit for gross proceeds of $430,000 (the “Offering”).

Continue reading here: Superior Copper Announces Closing of $800,000 Best Efforts Non-Brokered Private Placement

Post to Twitter