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Mining & Metals

Gold and Gemstone Mining Inc. Looking for More JV Opportunities 0

DRAPER, UT — (Marketwire) — 02/12/13 — Gold and GemStone Mining, Inc. (OTCQB: GGSM), a gold and diamond exploration and development stage mining company currently focussed on West Africa, is pleased to announce that it is looking for JV opportunities to add to its current portfolio of mining concessions in West Africa.Charmaine King, CEO, commented, " GGSM is very interested in new JV opportunities to add value and substance to the company for investors and their partners to have a soli

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Russel Metals Announces 2012 Annual and Fourth Quarter Results 0

TORONTO, ONTARIO — (Marketwire) — 02/12/13 — Russel Metals Inc. (TSX: RUS) today announced fourth quarter 2012 earnings of $20 million, or $0.34 per share on revenues of $766 million. These results compare with our 2011 fourth quarter earnings per share of $0.47 on revenues of $712 million.Our fourth quarter earnings include the operating income of Apex Distribution which contributed $6 million in operating income from the date of its acquisition on November 8, 2012. This positive contribut

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Russel Metals Declares Common Share Dividend 0

TORONTO, ONTARIO — (Marketwire) — 02/12/13 — Russel Metals Inc. (TSX: RUS) announced today that it has declared a dividend in the amount of Cdn$0.35 per share on its common shares, payable on March 15, 2013 to shareholders of record at the close of business on February 28, 2013.Russel Metals is one of the largest metals distribution companies in North America. It carries on business in three metals distribution segments: metals service centers, energy products and steel distributors, under

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Opta Minerals Schedules Fourth Quarter and Year End 2012 Financial Results Release 0

WATERDOWN, ONTARIO — (Marketwire) — 02/12/13 — Opta Minerals Inc. (TSX: OPM), announced today that it will issue financial results for the fourth quarter and year ended December 31, 2012, on Wednesday, March 6th, 2013 before the open of the stock market.About Opta MineralsOpta Minerals Inc. is a vertically integrated provider of custom process optimization solutions and related materials for use primarily in the steel, foundry, loose abrasive cleaning and municipal water filtration industri

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Swingplane Ventures Prepares for Gryphon Multi-Parameter Airborne Survey to Directly Assess the Mineral Potential of the Entire Property 0

SANTIAGO, CHILE — (Marketwire) — 02/12/13 — Swingplane Ventures, Inc. (OTCBB: SWVI) (the "Company" or "Swingplane") is pleased to update information pertaining to the Algarrobo property.The Algarrobo Iron oxide-Copper-Gold (IOCG) property (the "Property") is located approximately 850 km north of Santiago, in the III Region, Province of Copiopo, Chile. The city of Copiapo is located approximately 43 km to the southeast of the Property, with the small port city of

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Patrone Options McLennan Lake Property, La Ronge, Saskatchewan 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/12/13 — Patrone Gold Corp. (TSX VENTURE: AUR) (the "Company") is pleased to announce that on February 8, 2013 the TSX Venture Exchange accepted for filing an option agreement with an arm-s length vendor, by which the Company can earn a 100% interest in the McLennan Lake Property, located in the northeastern extent of the La Ronge Gold Belt. Historic exploration activities have focused on the investigation of surface showings in the s

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Noranda Income Fund Reports Fourth Quarter Earnings Before Finance Costs and Income Taxes of $24.3 Million 0

SALABERRY-DE-VALLEYFIELD, QUEBEC — (Marketwire) — 02/12/13 — Noranda Income Fund (the "Fund") (TSX: NIF.UN) had a strong fourth quarter.In addition, you can listen to the teleconference and view the slide presentation from the Noranda Income Fund website: or click on this link: http://events.digitalmedia.telus.com/noranda/021313/index.phpThe pass code is 8788 350# and you will be prompted for your name and company. The recording will be available until midnight on February 27th,

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Mega Uranium Ltd. Releases Unaudited Results for the Three Months Ended December 31, 2012 0

TORONTO, ONTARIO — (Marketwire) — 02/12/13 — Mega Uranium Ltd. ("Mega") (TSX: MGA) announces its results for the three months ended December 31, 2012.SUMMARY FINANCIAL RESULTSAs at December 31, 2012, the Company had mineral properties and related expenditures of $126.9 million as compared to $129.1 million as at September 30, 2012. Long term investments at fair value totaled $6.7 million as compared to long term and short term investments of $16.6 million as at September 30, 2012.

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Belvedere Resources Limited: Disclosure Clarification 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/12/13 — Belvedere Resources Limited (TSX VENTURE: BEL) ("The Company") announces that the issues identified by the BCSC involving the 2012 Progress Report as referred to in our news release dated February 8th, 2013, also apply to copies of the report distributed in print.About Belvedere: Belvedere Resources Limited is a mining Company incorporated in British Columbia with a primary focus on nickel, gold, cobalt and copper in Finland.

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Xtierra Engages Runge Pincock Minarco to Oversee Completion of Bilbao Study 0

TORONTO, ONTARIO — (Marketwire) — 02/12/13 — Xtierra Inc. (TSX VENTURE: XAG) ("Xtierra" or the "Company"), is pleased to announce that it has engaged Runge Pincock Minarco ("RPM Global"), the world-s largest independent group of mining technical experts to take responsibility for the completion of the feasibility study work on its Bilbao project, located in the State of Zacatecas, Mexico and to act as Qualified Person in accordance with National Instrument 43-1

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