MHM Metals Limited

Asian Activities Report for November 4, 2011 includes: Gascoyne Resources Limited (ASX:GCY) announces more outstanding drilling results from its 100% owned Glenburgh gold project in Western Australia; Ceramic Fuel Cells Limited (ASX:CFU) has raised AUD 5.9 million through an institutional placement and a share subscription with an existing UK private investor; MHM Metals Limited (ASX:MHM) has secured its first overseas processing contract for the supply of feedstock to MHM's first US salt slag and black dross processing facility; Magna Mining NL (ASX:MAN) has received official confirmation that the tin, copper and gold tailings in Far Eastern Russia have now been released for economic exploitation.

The Australian sharemarket ended slightly lower on Monday after a positive start driven by a resources sector buoyed by higher commodity prices. The pullback was led by major banks, and consumer staples. At close, the benchmark S&P/ASX200 index was down 6.4 points, or 0.14 per cent, to 4644.1, while the broader All Ordinaries gave up 6.1 points, or 0.13 per cent, at 4665.8.

Macquarie Harbour Mining Limited (ASX:MHM) has surface sampling results showing iron content up to 69 per cent from recent ground reconnaissance of the Company's 100 per cent-owned Birthday Bay Iron Ore Project in western Tasmania.