Nevada Copper Reaches Milestone with Passing of Lyon County Land Bill

Nevada Copper Reaches Milestone with Passing of Lyon County Land Bill

Copper – It's been a couple of years coming, but with today's passing of the Lyon County Land Bill in the US House of Representatives, Nevada Copper is one step closer to permitting Stage 2 of its Pumpkin Hollow project. The Northern Nevada Land Conservation and Economic Development Act, which includes the Lyon County bill, was passed unanimously on Monday.

Junior Zinc Mining Companies on the Rise

Zinc – InZinc Mining, Pasinex Resources and Cypress Development have all seen share price increases of over 100 percent since the beginning of 2014.

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Company News

Energizer Resources Announces Common Share Financing

Energizer Resources Announces Common Share Financing

Graphite – Energizer Resources Inc. (TSX:EGZ,OTCQX:ENZR,FWB:YE5) announced a brokered private placement, on a best efforts basis, of common shares of the Company for gross proceeds of up to US$4,800,000.

Super Nova Closes Private Placement for Over $80,000

Super Nova Closes Private Placement for Over $80,000

Oil – Super Nova Petroleum (CSE:SNP) announced it had closed the third tranche of a non-brokered private placement, raising over $80,000. The company issued 791,500 units at CAD$0.05/unit for aggregate gross proceeds of CAD $39,575 and 999,974 units at US$0.05/unit for aggregate gross proceeds of US$49,998.70.

Oceanus Resources Doubles Strike Length at Dos Hermanos

Gold – Oceanus Resources Corporation (TSXV:OCN) reported assay results from its drill program at the La Lajita property in Durango, Mexico. Further high-grade results were returned from drilling at the Santo Nino Prospect, while drilling doubled the strike length of the mineralized zone at the Dos Hermanos prospect.

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Company Videos

Jeb Handwerger Interview on Palisade Radio

Gold Stock Trades Editor, Jeb Handwerger, is this week’s Palisade Radio interviewee. In the interview, Mr. Handwerger talks about current world events and the potential ‘black swan’ events, which could spark off a rally in commodities.

Market News

Copper Surge Triggers Stop Spike Event

Copper – On Tuesday, Bloomberg reported that copper prices rose to their highest in 13 months on China stimulus reports, triggering a "stop spike event" and halting trades for 10 seconds. The red metal slid back to 0.9 percent to $3.1385 a pound at 11:07 a.m. on Wednesday, according to another Bloomberg article.

Copper Up to $6,920 on China Stimulus News

Copper – Copper for delivery in three months on the London Metal Exchange was up 0.28 percent or $19.38 to trade at $6,920 per tonne on Wednesday, according to Reuters.

Russian Consortium to Build $3 Billion Platinum Mine in Zimbabwe

Platinum – Reuters reported that a consortium of Russian companies is planning to develop a platinum mine in Zimbabwe. The $3 billion project will target 250,000 ounces of annual production within three years, with Mines Minister Walter Chidhakwa stating that the project would have a mine life of 20 years.

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