VANCOUVER, BRITISH COLUMBIA--(Marketwire - Mar 20, 2013) - (All US$ unless otherwise specified) Mercator Minerals Ltd ( TSX:ML ) ("Mercator" or the "Company") today announced its financial results for the three months and year ended December 31, 2012. For 2012 the Company reported revenues of $262.6 million, an operating profit of $24.7 million before the El Creston asset impairment charge*, a net loss of $128.7 million (loss of $0.48 per share, basic) or an adjusted net loss* of $1.2 million ($nil per share). Included in the net loss is the $119.8 million (or $0.44 per share) non-cash accounting charge for the impairment of the El Creston project. Cash flow from operations, before non-cash working capital changes, was $20.6 million in 2012.