Rio Tinto Limited

A$2.5 Million Placement made with Convergence Capital Corporation Victory West Moly Limited (ASX:VWM) is pleased to announce the placement of 20,833,333 new fully paid ordinary shares at a price of A$0.12 per share to raise A$2.5 million. The shares are being placed with Convergence Capital Corporation and or its sophisticated and institutional investors. These additional funds will strengthen the company's cash position as it finalises due diligence on the previously announced DSO Nickel acquisition.

Mukuba Resources Limited (CVE:MKU) (PINK:MKBAF) is pleased to announce that it has mobilized a drill rig to undertake a program of diamond drilling across the Chipirinyuma prospect within the Nyimba Project Area located east of Lusaka, Zambia.

Victory West Moly Limited (ASX:VWM) is pleased to announce the execution of a binding Memorandum of Agreement ("MOA") with China Guangshou Group Corp ("CGGC") that will fully fund VWM's Malala Molybdenum Project to large scale production.

Victory West Moly Limited (ASX:VWM) ("VWM" or the "Company") confirms that on 21 October 2010, the Company entered into a Share Acquisition Agreement with the shareholders of Victory West Pty Ltd (Victory West) to formalise its agreement to acquire the remaining 25% of their shares in Victory West as previously announced.

Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) is pleased to announce that Mr Colin Steyn has been appointed as a Non-Executive Director of the Company. Mr Steyn has over 30 years experience in the resources sector. His appointment follows the recently completed placements to the Highland Park Group who have become a strategic investor in the Company.

Dynasty Metals Australia Limited (ASX:DMA) are pleased to announce that it has successfully secured a strategic tenement following a strongly contested ballot. The new tenement, (E52/2591) is contiguous with Dynasty's existing tenement holdings, and is located near to the vast Mt Newman mining operations.

Victory West Moly Limited (ASX:VWM) (FSE:R1E) are very pleased to announce the successful grant of Production and Operational (Exploitation) IUP licenses for its two most strategic concessions that form the core of the Malala Molybdenum Project located in North Sulawesi, Indonesia.

Australian Market Report of September 13, includes: Arafura Resources Limited (ASX:ARU) has successful produced commercial quality separated Rare Earth Oxides; ABM Resources NL (ASX:ABU) announced Best gold intersections at the Buccaneer Gold Porphyry Prospect; John Holland, a wholly owned subsidiary of Leighton Holdings Limited (ASX:LEI), has been awarded a A$276 million marine contract; Austpac Resources N. L (ASX:APG) has signed an agreement with CMC Cometals Australia for the supply of raw materials.

Victory West Moly Limited (ASX:VWM) (ETR:R1E) is pleased to announce the signing of a binding Memorandum of Understanding with China Guangshou Group Corp ("CGGC") that, subject to due diligence, is to acquire a 65% interest in the Malala Molybdenum Project.

Victory West Moly Limited (ASX:VWM) to Acquire a Majority Interest in Highly Prospective Direct Shipping Ore (DSO) Nickel Project in South Sulawesi, Indonesia is pleased to announce that it has entered into a binding agreement (the "Agreement") with Oceantide Investments Pty Ltd ("Oceantide") for the right to acquire within the next 60 days, subject to due diligence, Oceantide's rights to a highly prospective DSO Nickel Project in South Sulawesi, Indonesia (either through the acquisition of 100% of Oceantide's equity capital or 100% of Oceantides rights to the project).