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
MONTREAL, QUEBEC — (Marketwire) — 02/21/13 — Critical Elements Corporation (TSX VENTURE: CRE) (OTCQX: CRECF) (FRANKFURT: F12) announces that it is currently arranging non-brokered private placement for up of $1,400,000, consisting in:The proceeds of this private placement will be used for working capital and to pursue the feasibility study. The private placement is subject to regulatory approval.About Critical Elements CorporationCritical Elements is actively developing its 100%-owned Rose
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/21/13 — Global Met Coal Corporation (TSX VENTURE: GMZ)(FRANKFURT: B1H) (the "Company") announces that excellent progress has been achieved toward obtaining the mining permit for its Black Creek Coal Mine.The 450 acre Black Creek property is located in Jefferson County, Alabama, and once permitted, sales contract discussions can be concluded and production of metallurgical coal to local customers can commence. The Company is planning
TORONTO, ONTARIO — (Marketwire) — 02/21/13 — Belo Sun Mining Corp. (TSX: BSX) has received positive results from the ongoing metallurgical test work program for its 100% owned Volta Grande Gold Project located in Para State, Brazil. The metallurgical test work program returned an average recovery of 94%. The program was focused on the diorite gold-bearing material of the Grota Seca (GS) and Ouro Verde (OV) ore bodies which make up the Volta Grande Project. The purpose of the metallurgical t
MONTEREY, CA — (Marketwire) — 02/21/13 — Century Aluminum Company (NASDAQ: CENX) reported a net loss of $6.9 million ($0.08 per basic and diluted common share) for the fourth quarter of 2012.For the fourth quarter of 2011, the company reported a net loss of $31.1 million ($0.35 per basic and diluted common share). Financial results were positively impacted by an unrealized net gain on forward contracts of $2.4 million primarily related to the mark to market of aluminum price protection optio
TORONTO, ONTARIO — (Marketwire) — 02/21/13 — KWG Resources Inc. (TSX VENTURE: KWG) ("KWG") has released a study that it commissioned by the international engineering firm Tetra Tech WEI Inc. to compare the capital and operating costs of both a railroad and an all-weather road to the Ring of Fire. The study estimates the capital costs for a roadway at $1.052 billion and a railroad at $1.561 billion. If 3 million tonnes per year are shipped, operating costs are estimated at $10.50 p
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VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/21/13 — Almaden Minerals Ltd. (TSX: AMM)(NYSE MKT: AAU) ("Almaden" or "the Company") announces that it has commenced a diamond drill program on its 100% owned El Cobre porphyry copper-gold project in Veracruz State, Mexico. Drilling has been planned to test various geophysical and geochemical anomalies within this extensive porphyry copper-gold system. The drill program consists of one drill capable of drilling to greater t
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/21/13 — High Desert Gold Corporation ("HDG" or the "Company") (TSX VENTURE: HDG)(OTCQX: HDGCF) is pleased to announce today the appointment of Mr. Joshua Kingsmill as a Director of the Company. Mr. Kingsmill brings an investment banking and wealth management background to the board of the Company. He was the lead investment banker who took the Company public in 2007 and has been involved in more than 100 corporate finance t
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