Sierra Mining Limited

Australian Market Report of January 11, 2011 includes: Eldorado Gold Corporation (ASX:EAU) (TSE:ELD) (NYSE:EGO) today announced its 2010 operating results and 2011 operating guidance; Wasabi Energy (ASX:WAS) acquired a geothermal power plant in Northern Iceland; Sierra Mining Limited (ASX:SRM) has entered into an agreement with Barrick Limited for explorations in Papua New Guinea; Lachlan Star Limited (ASX:LSA) announced the first JORC Resource estimate of 664,000 ounces of gold in Chile.