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Mining & Metals

Diamond Frank Adopts a Shareholder Rights Plan 0

LAVAL, QUEBEC — (Marketwire) — 02/22/13 — Diamond Frank Exploration Inc. (TSX VENTURE: DOD) announces that its board of Directors (the "Board") has adopted a Shareholder Rights Plan (the "Plan") to encourage a fair treatment of shareholders, should a take-over bid be made for Diamond Frank. The Plan is effective today and will provide the Board and the shareholders, more time to consider unsolicited take-over bid for Diamond Frank. The Plan is intended to discourage coer

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GoldQuest: Drilling Update at Las Tres Palmas, Dominican Republic 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/22/13 — GoldQuest Mining Corp. (TSX VENTURE: GQC)(FRANKFURT: M1W)(BERLIN: M1W) ("GoldQuest" or the "Company") is pleased to announce assay results from three additional holes in the Romero gold/copper discovery zone on the Company-s 100% owned Las Tres Palmas trend in the Dominican Republic.Drilling highlights include:These are the last results from the phase of drilling targeting the shallow Induced Polarization ("IP&

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Cadillac Commences Review of Kirkland Lake Gold Property 0

TORONTO, ONTARIO — (Marketwire) — 02/22/13 — Cadillac Ventures Inc. (TSX VENTURE: CDC) ("Cadillac" or the "Company") is pleased to announce the commencement of an internal review of Cadillac-s Kirkland Lake Gold Property. The property, which Cadillac acquired as part of its acquisition of Richview Resources Inc. in January 2010, is located west of the town of Kirkland Lake, Ontario, within four kilometres of the producing Macassa Mine.A preliminary review of Ontario Asse

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Colonial Coal International Corp. Announces Increased Interest in Joint Venture Relating to Acquisition and Development of Watson Island Site 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/22/13 — Colonial Coal International Corp. (TSX VENTURE: CAD) (the "Company" or "Colonial" – David Austin, President and CEO), is pleased to announce that the Company has acquired its industry participant joint venture partner-s (the "Participant") interest under the memorandum of understanding ("MOU") with the Lax Kw-alaams Band and Metlakatla First Nations (collectively, the "Coast Tsimshian Nation

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Centerra Updates on Kyrgyz Republic Parliamentary Decree and New Environmental Claim for Kumtor Project 0

TORONTO, ONTARIO — (Marketwire) — 02/21/13 — This news release contains forward-looking information that is subject to the risk factors and assumptions set out on page 3 under the heading, "Cautionary Note Regarding Forward-looking Information".All figures are in United States dollars.Centerra Gold Inc. (TSX: CG) reports on two matters relating to its Kumtor mine in the Kyrgyz Republic. Further to the Company-s news release of February 20, 2013, Centerra understands from Kyrgyz med

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North American Palladium Announces Year End 2012 Results and 2013 Guidance 0

TORONTO, ONTARIO — (Marketwire) — 02/21/13 — All figures are in Canadian dollars except where noted.North American Palladium Ltd. ("NAP" or the "Company") (TSX: PDL)(NYSE MKT: PAL) today announced financial and operational results for the year ended December 31, 2012 and guidance for its Lac des Iles mine ("LDI") in 2013.As previously announced, the Company is in the process of exploring divestiture opportunities for its Quebec-based gold division. The year-end

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Galore Proposes to Extend Warrants 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/21/13 — Galore Resources Inc. (TSX VENTURE: GRI) (the "Company") proposes to extend by a further six (6) months, the expiry date of the following share purchase warrants ("Warrants"):If accepted by the TSX Venture Exchange (the "Exchange"), the Company will extend the expiry date of the 1,164,136 Warrants from April 26, 2013 to October 25, 2013, the 7,506,667 Warrants from March 15, 2013 to September 14, 2013, and

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Lundin Mining Fourth Quarter and Full Year 2012 Results 0

TORONTO, ONTARIO — (Marketwire) — 02/21/13 — Lundin Mining Corporation (TSX: LUN)(OMX: LUMI) ("Lundin Mining" or the "Company") today reported net earnings before impairment charges of $45.0 million ($0.08 per share) for the quarter ended December 31, 2012. Cash flows of $49.4 million were generated from operations during the quarter, not including the Company-s attributable cash flows of $39.2 million from Tenke Fungurume.Paul Conibear, President and CEO, commented, &qu

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New Pacific Provides Update for Acquisition of RZY Silver-Lead-Zinc Project in Qinghai Province, China 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/21/13 — New Pacific Metals Corp. ("New Pacific" or the "Company") (TSX: NUX) is pleased to announce that the TSX has conditionally approved the Company-s acquisition of an interest in the RZY Silver-Lead-Zinc project as set out in the Company-s news release dated December 21, 2012 (the "Acquisition"). The Acquisition will involve the Company acquiring a majority interest in Silvercorp Metals Inc.-s wholly owned su

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Russel Metals Announces the Promotion of John G. Reid to Chief Operating Officer 0

TORONTO, ONTARIO — (Marketwire) — 02/21/13 — Russel Metals Inc. (TSX: RUS) today announced the promotion of John G. Reid to Vice President and Chief Operating Officer of the Company. John started with JMS Metals Services, Inc. in 1991 and was promoted to President in 1994. John has served as President of the Company-s JMS Russel Metals operations since the Company-s acquisition of JMS in 2007. Since 2009 John has taken on additional responsibilities within the Russel Metals group of compani

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