Rio Tinto Limited

Rio Tinto (ASX:RIO) confirmed it is reviewing the potential impact of Australian government's proposed Resource Super Profits Tax (RSPT) on all of its operations and new projects in Australia, but no decision has been made to shelve any projects in Australia.

Republic Gold Limited (ASX:RAU) today announce that the Company has made significant progress towards finalising the Bankable Feasibility Study ("BFS") for the Amayapampa Gold Project ("Amayapampa" or the "Project") in Bolivia. The two major engineering contracting firms involved in completing the metallurgical component of the BFS, WorleyParsons (tailings dam and water supply) and Fraser Osborn (treatment plant design and costing) have made simultaneous and successful visits to Bolivia and the Project.

Victory West Moly Limited (ASX:VWM) is pleased to provide shareholders with this Quarterly Activities Report for the three (3) months ending 31 March 2010. Activities continued to focus on the Anomaly B and Promistis prospect areas within the Malala Molybdenum Project located in northern Sulawesi, Indonesia.

Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) is pleased to announce that it will make a placement to the Highland Park Group who will become a strategic investor in the Company. The placement will significantly strengthen the Company's financial position as well as provide access to Highland Park's substantial resource management skills and also greatly assist in lifting the Company's profile in North American markets. Funds from the placement will enable the Company to accelerate the development of its Hinton Coal Project based in Alberta, Canada and pursue related new business development opportunities.

Asian markets mostly opened lower today despite Wall Street gained for its sixth straight day on Thursday. Australian shares fell slightly as the market is taking a breather after rallies in the past several days. Yesterday Asian shares were encouraged by China's first quarter economic growth. China's National Bureau of Statistics said yesterday that its economy surged by 11.9 per cent in the March quarter, up from 10.7 per cent in the final three months of 2009. Japan's Nikkei 225 Average rose 0.6 per cent and South Korea's Kospi was up 0.5 per cent. Hong Kong and Australia markets posted small gains. China's Shanghai Composite ended flat.

Rio Tinto (ASX:RIO) said most of its operation continued to run at capacity. But the mining giant is still cautious about the short term volatility, despite strong demand from China and recovery in OECD markets. Rio Tinto said its global iron ore production in the first quarter 2010 was up 39 per cent compared with the same quarter of 2009.

Victory West Moly Limited (ASX:VWM) is pleased to announce it has completed a thorough assessment of all available geological data sets from the Anomaly B prospect, part of the Company's highly prospective Malala Molybdenum Project in Sulawesi, Indonesia. As a result, a robust geological model has been developed which illustrates that significant upside exists at Anomaly B.

Wall Street's modest gain overnight provided Asian stocks a positive lead, but lingering concerns over China's monetary policy could drag the regional markets today. Investors may keep cautious ahead of policy meetings by the US Federal Reserve and the Bank of Japan this week. Yesterday most Asian markets were lower. Japan's Nikkei 225 ended flat and South Korea's Kospi fell 0.8 per cent. China's Shanghai Composite lost 1.2 per cent, and Hong Kong's Hang Seng Index declined 0.6 per cent amid fears of Chinese government's possible credit tightening measure.

Most Asian markets fell Thursday as investors took profit from recent rallies. Resources shares declined across the region after news that International Monetary Fund plans to sell 191.3 metric tons of gold on open markets. Hong Kong's Hang Seng Index lost 0.5 per cent and South Korea's Kospi fell 0.4 per cent. However, Japan's Nikkei stock average rose 0.3 per cent while the Bank of Japan left its interest rate at 0.1%. China, Taiwan and Vietnam markets remained closing on Friday.

Iron Road Limited (ASX:IRD) is pleased to announce that significant progress has been made at the Gawler Iron Project in South Australia. Planned commencement Company's maiden drilling programme at Gawler remains within Q1 2010.