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Mining & Metals

Crystallex Updates Shareholders 0

TORONTO, ONTARIO — (Marketwire) — 03/16/12 — Crystallex International Corporation (OTCQB: CRYFQ) ("Crystallex" or the "Company") announced today that, in light of its financial circumstances, the Company will not be in a position to prepare and file annual audited financial statements and other annual disclosure documents, required by Canadian securities laws in respect of the Company-s financial year ended December 31, 2011, by March 30, 2012. Consequently, following Ma

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Prize Mining Announces Tier Classification Change 0

CALGARY, ALBERTA — (Marketwire) — 03/16/12 — Prize Mining Corporation (TSX VENTURE: PRZ) (the "Corporation" or "Prize") announces that effective at the close of trading, Friday, March 16, 2012, the company-s tier classification will change from Tier 1 to Tier 2.Reader AdvisoryCertain statements contained herein constitute forward-looking statements, most particularly the expected record and meeting date of the Corporation-s next annual general and special meeting. All st

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Lumina Copper Announces Acquisitions of Mineral Concessions 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/16/12 — Lumina Copper Corp. (TSX VENTURE: LCC) (the "Company") is pleased to announce that it has acquired, through its wholly-owned subsidiary, Corriente Argentina S.A., certain mineral concessions in Argentina in close proximity to its Taca Taca project from private individuals, in consideration for approximately US$2.1 million (of which approximately 25% was payable pursuant to the issuance of 42,169 common shares of the Company).

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Barkerville Gold Mines: News Release 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/16/12 — Barkerville Gold Mines Ltd. (TSX VENTURE: BGM)(FRANKFURT: IWUB) (the "Company") announces that it has been advised that Farshad Shirvani, a director of the Company, was issued a Notice of Hearing from the British Columbia Securities Commission (the "BCSC") dated March 13, 2012 alleging that he failed to disclose in certain regulatory filings the fact that the BCSC issued three cease trade orders against Internationa

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Fortress Corporate Update 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/16/12 — Fortress Minerals Corp. ("Fortress" or the "Company") (TSX VENTURE: FST) announces the appointment of Mr. Glenn Kondo as Chief Financial Officer of the Company effective immediately. Mr. Kondo replaces Mr. Peter Chow who has resigned to pursue other endeavours within the Lundin Group.Mr. Kondo also currently serves as CFO of Lucara Diamond Corp., a company developing a major new diamond mine in Botswana. Mr. Kondo i

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Izard Nobel LLP Announces Class Action Lawsuit Against Nevsun Resources Ltd. 0

WEST HARTFORD, CT — (Marketwire) — 03/16/12 — The law firm of Izard Nobel LLP, which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the Southern District of New York on behalf of purchasers of the common stock of Nevsun Resources Ltd. ("Nevsun" or the "Company") (NYSE Amex: NSU) between March 31, 2011 and February 6, 20

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Mineralfields Group Sale of Assets (Including Pathway Asset Management and Energyfields Group) to Global Financial Group of Companies Will No Longer Proceed 0

TORONTO, ONTARIO — (Marketwire) — 03/16/12 — Pathway-MineralFields Group and Global Financial Group of Companies have decided to terminate Global Group-s proposed purchase of Pathway-MineralFields.About Pathway Asset Management: Pathway Asset Management specializes in the manufacturing and distribution of structured products and mutual funds (including the Pathway Multi Series Fund Inc. corporate-class mutual fund series).About MineralFields Group and EnergyFields Group: MineralFields Group

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Kent Exploration Amends Non-Brokered Private Placement, Adds Royalty Interest from Future Barite Mine Revenue 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/16/12 — Kent Exploration Inc. (TSX VENTURE: KEX)(PINKSHEETS: KXPLF)(FRANKFURT: 7KX) (the "Company" or "Kent") announces that, subject to approval by the TSX Venture Exchange ("TSX-V"), it is amending its previously announced non-brokered private placement (see news release dated Jan 26, 2012) consisting of up to 12 million Units at $0.05 cents per Unit for gross proceeds of $600,000 to 20 million Units for gross p

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GeoMegA Announces a $1.5 Million Bridge Loan by SIDEX 0

MONTREAL, QUEBEC — (Marketwire) — 03/16/12 — Geomega Resources Inc. ("GeoMegA" or the "Corporation") (TSX VENTURE: GMA) announces the grant of a $1,500,000 loan by SIDEX, Limited Partnership ("SIDEX").The loan is secured by an hypothec on the universality of GeoMegA-s receivable from Revenu Quebec tax credits for the fiscal years ended in 2011 and 2012 from Revenu Quebec and related to mineral exploration. The loan must be repaid on the earlier of December 31,

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Lincoln Mining Renews Investor Relations Agreement With Value Relations GmbH 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/16/12 — Lincoln Mining Corporation (TSX VENTURE: LMG) ("Lincoln" or the "Company") is pleased to announce that it has renewed its investor relations consulting agreement ("Agreement") with Value Relations GmbH of Frankfurt, Germany ("Value Relations") whereby Value Relations will continue to act as the Company-s strategic investor relations consultant in Germany, Austria and Switzerland for a period of o

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