Young Australian Mines Ltd.

TORONTO, ONTARIO -- (Marketwire) -- 12/20/10 -- Moly Mines Limited (TSX: MOL)(ASX: MOL) is pleased to announce that it has confirmed the booking of a vessel for the maiden iron ore shipment from the Spinifex Ridge Iron Ore Project.

The 'MV Father Neptune' is due to arrive at Port Hedland on 27 December 2010. Loading will commence soon after

TORONTO, ONTARIO -- (Marketwire) -- 12/03/10 -- Moly Mines Limited (TSX: MOL)(ASX: MOL) is pleased to announce that the immediate parent entity of Hanlong Mining Investment Pty Ltd ('Hanlong') has received the key Chinese government approval in the process toward completing the financing for the Spinifex Ridge Molybdenum/Copper Project

TORONTO, ONTARIO -- (Marketwire) -- 11/24/10 -- Moly Mines Limited (TSX: MOL)(ASX: MOL) is pleased to announce that it has commenced mining iron ore at Spinifex Ridge, 50km northeast of Marble Bar in the Pilbara of Western Australia.

Mining has commenced at an annualized rate of 1 million tonnes of iron ore per annum with approximately 18,000

TORONTO, ONTARIO -- (Marketwire) -- 10/20/10 -- Moly Mines Limited (TSX: MOL)(ASX: MOL) (Moly Mines or Company) is pleased to announce that it has today in Chengdu, China, executed an iron ore sales agreement for 100% of its production from the Spinifex Ridge Iron Ore Project (Sales Agreement) with Hanlong Metals Limited (Hanlong Metals), an