Giralia Resources Nl

Atlas Iron Limited (ASX:AGO) report a net profit for the 6 months ended 31 December 2010 of A$30.1 million.

Atlas Iron Limited (ASX:AGO) report a 24% increase in its Direct Shipping Ore Mineral Resources to 254.4Mt at 56.7%Fe. The updated Resources now include the McCamey's North and Hercules deposits (100% AGO), located 45km east of Newman and 100km south of Port Hedland in the Pilbara respectively.

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.

Atlas Iron Limited (ASX:AGO) and Giralia Resources Limited (ASX:GIR) are pleased to announce that they have signed a Bid Implementation Agreement for an off-market takeover bid by Atlas for all of the shares in Giralia.

Australian Market Report of September 2, 2010 includes; Empire Resources (ASX:ERL) enters into an option agreement with La Mancha Resources, Tanami Gold NL (ASX:TAM) reported further high grade results from its Central Tanami Project, the signing of a Native Title Mining Agreement for development of IronClad Mining's (ASX:IFE) Wilcherry Hill iron ore project and HealthLinx Limited (ASX:HTX) has finalised research agreements to begin the 220 patient study required for South Korea Food and Drug Administration (KFDA).

The Australian stock market opened lower on Wednesday after US stocks dropped and oil and metals prices slipped overnight.

The Directors of Pacific Magnesium Corporation Ltd ("PacMag") (ASX: PMH) are pleased to report the recommencement of drilling at the Blue Rose project in South Australia, targeting extensions to known near surface oxide copper mineralisation, along with first pass testing of five new geophysical targets.