Katanga Mining Limited: Luilu Plant Resumes Copper and Cobalt Metal Production

Katanga Mining Limited (TSX: KAT) ("Katanga" or the "Company") confirms that, following an isolated fire incident in mid-November, a replacement transformer has been successfully fitted at the Luilu metallurgical facility and production of copper and cobalt metal from Luilu has now resumed.

Steven Isaacs, Interim CEO, Katanga Mining Limited said:
"I am pleased to report that a replacement transformer has been successfully fitted at the Luilu Plant. Installation, repair and testing work was completed in less than two weeks and copper and cobalt metal production at Luilu has now been restored. Company revenues have not been adversely impacted in 2008 due to the immediate availability of finished metal inventories at the time of the incident which meant that there was no disruption in copper sales and minimal disruption in cobalt sales."

HudBay Recommends Shareholders Take no Action in Response to Jaguar Proposal

HudBay Minerals Inc ( HBM ) ("HudBay") today announced that Jaguar Financial Corporation issued a press release on November 21, 2008 stating its intention to make an unsolicited offer to acquire all of the issued and outstanding common shares of HudBay.

No formal offer to the shareholders of HudBay has been made by Jaguar at this time. HudBay and its board of directors will evaluate the proposed transaction should a formal offer be made by Jaguar.

HudBay encourages shareholders to refer to HudBay's and Lundin's websites for accurate, factual information about their respective operations, and the proposed business combination.

Midland Discovers New Gold and Base Metal Mineralization on its James Bay Gold Project

Midland Exploration Inc. ("Midland") (TSX VENTURE: MD.V) is pleased to announce that the first year exploration with Agnico-Eagle Mines Limited ("Agnico-Eagle") on the James Bay gold properties has been very successful in finding several new gold bearing outcrops with values as high as 9.1 g/t Au. Prospecting along aeromagnetic anomalies high has led also to the discovery of a significant new base metal and precious metal showing returning 6.1% Cu, 0.26 g/t Au and 30.8 g/t Ag. These gold properties are currently held 100% by Midland Exploration Inc and are under an option agreement with Agnico-Eagle.

These new diversified mineralization discoveries clearly demonstrates the significant potential for finding orogenic gold and gold-rich volcanogenic massive sulphide deposits in the Lac Trieste and Lac Duhesme greenstone belts lengthening through the Midland's Property. Midland is very encouraged by these results which dictate additional works in the form of ground geophysics, stripping and channel sampling, detail geochemistry and diamond drilling.

GobiMin Signs Definitive Sales and Purchase Agreement To Sell its Chinese Nickel Properties

Subsequent to the two revocable framework agreements (the "Framework Agreement") signed on November 1, 2008 and the press release published on November 3, 2008, GobiMin Inc. ("GobiMin" or the "Company") is pleased to announce that it has entered into two definitive Sale and Purchase Agreements (the "Definitive Agreement") with Xinjiang Xinxin Mining Industry Co., Ltd. ("Xinxin") to dispose of its three nickel-copper mining properties, namely Yellow Mountain East, Xiangshan and Yellow Mountain, in Hami, Xinjiang Uygur Autonomous Region ("Xinjiang") of the People's Republic of China ("China"). The transaction (the "Transaction") will be facilitated by the sale of its respective entire 93.55% and 95.16% equity interests in the two Chinese subsidiaries, Xinjiang Yakesi Resources Co. Ltd. ("Yakesi") and Hami Jubao Resources Co. Ltd ("Jubao") through its wholly owned subsidiary, Alexis Investments Limited ("Alexis"). Xinxin, based in Xinjiang, is China's second-largest nickel producer. Its "H" shares have been listed on The Stock Exchange of Hong Kong Limited since 2007.