BHP Billiton Limited

Australian Market Report of January 17, 2011 includes: Sheffield Resources Limited (ASX:SFX) acquires large mineral sands exploration project; Mutiny Gold Limited (ASX:MYG) upgraded gold resource at the Deflector Deposit; Kula Gold Limited (ASX:KGD) announced high grade drilling results at its 100% owned Woodlark Island Gold Project in Papua New Guinea; Speewah Metals Limited (ASX:SPM) reported exceptional high grade copper and silver assays in Western Australia.

Dragon Energy Ltd (ASX:DLE) is pleased to announce significant assay results from 100% owned E69/2126-I, which is the eastern tenement of the Lee Steere Project in the Eastern Nabberu Basin, about 200km northeast of Wiluna.

Iron Road Limited (ASX:IRD) (Iron Road) is pleased to announce that Mr Jerry Ellis has been appointed to the Board of Iron Road as a Non-Executive Director. Mr Ellis has had a long and distinguished career in business, particularly in the resources sector and his experience will be invaluable as Iron Road progresses its flagship project at Central Eyre.

Linc Energy (ASX:LNC) (OTCQX:LNCGY) is pleased to announce that it is currently working with potential buyers of the Teresa coal resource whilst continuing to develop and de-risk the asset even further with four more core holes drilled in the resource and more detailed work around port and rail access.

Atlas Iron Limited (ASX:AGO) (Atlas) today announced that it has agreed to enter into good faith discussions with BHP Billiton Iron Ore (ASX:BHP) (NYSE:BHP) concerning an integrated transport solution in Port Hedland.

Gold Anomaly Limited (ASX:GOA) is pleased to announce that it will raise A$2.3 million by way of a placement to various professional and sophisticated investors through several broking firms. Allocations have been made to brokers and receipt of placement funds is being finalised.

D'Aguilar Gold Limited (ASX:DGR) is pleased to announce that its subsidiary, Navaho Gold Pty Ltd ("Navaho Gold") has entered into a joint venture agreement with Renaissance Gold Inc. (CVE:REN) whereby Navaho Gold may earn a joint venture interest in RenGold's Rose Mine project in Nevada.

D'Aguilar Gold Limited (ASX:DGR) is pleased to announce that its subsidiary, Navaho Gold Pty Ltd has entered into a Letter of Intent with Miranda Gold Corp. (CVE:MAD) whereby Navaho Gold may earn a joint venture interest in Miranda's TAZ project in Nevada.

Venus Metals Corporation Limited (ASX:VMC) is pleased to advise the results of the recently completed gravity surveys at Mt Morris IOCG/base metal target. The gravity results indicate three discrete 2 mGal gravity highs typical of Iron oxide-Copper-Gold deposits.

Following the Demerger of Dart Energy Limited (ASX:DTE) from Arrow Energy Limited (ASX:AOE) (PINK:ARWEF) and the subsequent establishment of Dart as an independent ASX-listed company, the Board has been seeking to build out the executive and management team of Dart.