HudBay and Lundin Announce Friendly Business Combination

Transaction creates a new Canadian leader in mining

HudBay Minerals Inc. ("HudBay") (TSX: HBM) and Lundin Mining Corporation ("Lundin") (TSX: LUN)(NYSE: LMC)(OMX: LUMI) are pleased to announce that they have agreed to a business combination (the "Transaction") that will create a new Canadian leader in global mining.

The Transaction will be structured as a plan of arrangement under the Canada Business Corporations Act.

HIGHLIGHTS OF THE TRANSACTION

- On completion of the Transaction, each Lundin common share will be automatically exchanged for 0.3919 HudBay common shares, and Lundin will become a wholly-owned subsidiary of HudBay.

Handover of Lumwana Processing Facilities Accepted by Equinox

Equinox Minerals Limited (TSX and ASX symbol: "EQN") ("Equinox" or the "Company") is pleased to announce it has accepted from its EPC Contractor (a joint venture between Ausenco Projects Limited and Bateman International Projects BV) handover of the process plant and other related infrastructure at its Lumwana Copper Project ("Project"), reaching Practical Completion and attaining the final milestone under the EPC contract.

Equinox reported on October 7, 2008 that crushing of material at the primary crusher had commenced with the 4.5km conveying circuit transporting crushed material to the fine ore stockpile at the copper concentrator.

Norsemont Mining ponders 'unsolicited expressions of interest'

Norsemont Mining Inc. (TSX: NOM.TO) disclosed Wednesday that its board has set up a special committee to deal with "recent unsolicited expressions of interest to acquire the company."

Norsemont, whose main asset is the Constancia copper-molybdenum-gold-silver deposit in southern Peru, cautioned that "there is no assurance that any specific proposal will arise."

It gave no details and added that no timetable has been set for any transaction.

Augyva: Drilling Results Confirm Potential of the Duncan Iron Project

Augyva Mining Resources Inc. ("Augyva" or "Company") (TSX VENTURE:AUV), is pleased to announce the results of the first five holes drilled on its #1 iron deposit of the Duncan Iron Project ('Duncan #1'), located 30 km south of Radisson, James Bay area, Quebec.

Augyva initiated a 10,000 meters phase I drill program in July 2008. Sixteen holes have been completed so far, testing a 0.6 km strike length of the Duncan #1 south limb deposit and a 1.1 km strike length of its north limb. The results of the 5 first holes, all drilled on the south limb, are summarized in the following table: