T-Steel Top of the table in its Product Class

Astra Mining, an Australian diversified mining company, has released new technical and economic data for its revolutionary T-Steel product.

North Adelaide, SA, August 05, 2011 - T-Steel types range from structural steel (T1) through to premium grade, high category, specialised steels (T9).

Astra Mining CEO Dr Jaydeep Biswas says the T-Steel range consists of premium category steels within specific steel families that have a demonstrated price-to-performance advantage over other steel products.

“One of the most important factors in the implementation of the T-Steel technology is that factories which cannot afford multi-billion dollar investments in new equipment are able to manufacture higher quality steels using existing factory infrastructure with relatively minor capital investment,” Dr Biswas says.

“These average factories are therefore able to enter markets where they can sell a premium category steel, for example T5, and increase their sales and hence profits.”

Astra Steelworks Ltd, which is part of the Astra Mining group, is planning to start the production of high-quality steels based on highly specialized processes and special alloying technologies invented over a 30-year period in Hungary.

The end product, T-Steel, has numerous advantages over the production of regular steel types including substantial yield savings, a reduction in alloys used, significant savings in energy used and advanced properties when compared to most HSLA steels.

Astra’s managing director, Silvana De Cianni, says the viability of the T-Steel technology is underpinned by the numerous industrial applications of the steels produced.

“These applications include low carbon content stainless steels, non-alloyed construction steels, case hardened alloyed steels and ball bearing steels,” Ms De Cianni says.

“As an example there are a number of top German steel mills which produce rails for various rail systems and sell these at a premium price.

“Comparable quality rails can be produced by the T-Steel process with a lower grade steel through a less prestigious factory, say in Hungary, and sold at a similar premium.”

Astra Mining’s global portfolio includes gold and tin interests in Southeast Asia and southern India, coal mines in Australia and Africa, iron ore in India and Africa, and the production of the high-strength T-Steel technology in Hungary.

Astra has also confirmed its plans to list on the Frankfurt Stock Exchange before the 31st of August or soon thereafter.

For more information visit www.astramining.com or email investor-relations@wedgewoodcommunications.com

Contact:

Caitlin Petrou

Astra Mining

46 Tynte Street

North Adelaide, SA 5006

+61 (0) 402 823 343

caitlin@astramining.com

http://www.astramining.com

Stepping Stone Secures €200m Line of equity for Astra Mining

Corporate advisory firm Stepping Stone Equity has secured a €200 million line of equity for Australian diversified resources company Astra Mining.

Brisbane, QLD, July 04, 2011 - The deal, which is the result of a term sheet signed on 26 April, will provide working capital and a project-standby facility for Astra after its Frankfurt Exchange listing in August while it finalises a major global prospectus being placed with a number of investment banks and international brokers.

The line of equity is being facilitated through private investment group Equity Partners Fund SPC with the backing of two major commercial banking institutions from Asia and South America.

Stepping Stone executive director James Skinner says the syndicated transaction will provide post-listing funding for a period of three years as and when needed by Astra Mining.

"Astra is an emerging global resource company with a number of opportunities either underway or in the pipeline, and as such this line of equity will enable them to continue to develop these opportunities," Mr Skinner says.

"Through Equity Partners Fund SPC we have managed to gain the backing of two large commercial banks, the Zigong Commercial Bank Company of China and the Banif Banco de Investimento of Brazil, with a third commercial bank in South East Asia considering additional facilities.

"We expect this line of equity to significantly boost interest in Astra’s unconditional listing on the Deutsche Börse next month when we expect them to debut at €1.50."

Astra Mining’s global portfolio includes gold and tin interests in south east Asia and southern India, coal mines in Australia and Africa, iron ore in India and Africa, and the production of a new high-strength steel technology.

Astra’s CEO Dr Jaydeep Biswas says the line of equity will ensure the company is able to continue to successfully operate on a global scale and comes at a pivotal point in time.

"Astra has a number of interests in the resources sector spanning four continents and this funding will help us continue with our projects immediately after our listing," Dr. Biswas says.

"We’re on the cusp of concluding our interests in several projects including joint ventures to produce gold and coal which will all add enormous value to the equity base of the company.

"We are also developing positions in high-grade iron ore mining and trading which puts us in a unique low-cost supply position for the steel manufacturing industry which we are also heavily involved in.

"As such we believe the line of equity will further propel the company towards becoming a leading worldwide resources group."

Stepping Stone Equity is an Australian based corporate finance company that is an associate partner and deal flow manager for private institutional investors operating a network of agents worldwide.

The firm, together with Gebo Equity Management, has assisted a number of companies list on the Deutsche Börse including most recently online gaming and entertainment company 2UP Gaming PLC (2GM:GR) who is currently trading at €0.26 per share, up from its listing of €0.10 per share, with a market capitalisation of approximately €72 million (USD$103 million at the current exchange rate).

Equity Partners Fund SPC, which has established separate portfolios for the two commercial banks, generally looks to invest in listed companies with consistent trading volumes for a variety of activities including working capital, acquisitions and other growth opportunities.

The fund’s investment guidelines, apart from a company’s size and liquidity, require them to have exceptional management and long-term sustainable growth opportunities with the potential to achieve significant milestones over a developmental period.

Contact:

Bruce Nelson

Stepping Stone Equity

Level 9

100 Edward Street

Brisbane, QLD 4000

Australia

bruce@zakazukha.com

http://www.steppingstoneequity.com.au

Acquisition Agreement for Cambodian Gold Mine Positive for Astra Mining

The agreement provides Astra with a majority interest in Petone Mining (Asia) which has the acquisition agreement for the mine. A mining license will be applied for prior to production expansion of the mine.

Adelaide, Australia, June 26, 2011 - Astra Mining, an Australian diversified mining company, has signed an option agreement to fund the acquisition of an operating gold mine in Cambodia which presently has an exploration license.

The agreement provides Astra with a majority interest in Petone Mining (Asia) which has the acquisition agreement for the mine. A mining license will be applied for prior to production expansion of the mine.

The first report on the gold exploration license has been received showing the 222 square kilometre lease in the Ratanakiri Province has the potential to host a significant gold deposit.

Astra Mining CEO, Dr Jaydeep Biswas, says while the report is preliminary and assay data from samples collected in the field are yet to be received, early indications are that a small tonnage of high-grade ore is immediately accessible for processing.

"The site inspected by our consultant geologist indicates an extensive system with the potential to host an Intrusion-Related Gold System, a newly defined deposit classification," Dr Biswas says.

"Similar structures overseas, particularly in Alaska, have been known to host greater than three million ounces of gold resources.

"No indiation of the grade of the ‘high grade’ portions could be ascertained in the field, however we have seen some evidence of a range from between six and 33 grams of gold per tonne."

The samples studied comprised grab samples from mine dumps, channel samples, existing pits and composite rock chip samples and samples of ore from small crushing mill.

Astra considers Cambodia to be one of the few remaining countries in the world that has favourable geology in under-explored areas containing high potential for world class, undiscovered gold and copper ore bodies.

"Cambodia is considered a last frontier region for ore deposits, with virtually no coverage by modern exploration techniques," Dr Biswas says.

"A viable, ‘company maker’ mineral deposit for us will require an open-cuttable resource delivering between one and three grams of gold per tonne.

"While early indications are that this is certainly achievable, all information is currently subject to verification as part of our due diligence process involved in the option to acquire a majority ownership in the lease."

Astra’s majority stake in Petone is subject to raising sufficient capital to enable Petone to acquire the gold mine and fund its expansion and final due diligence.

A copy of the report is available at www.astramining.com/projects/gold/vietnam.

Astra Mining’s global portfolio includes gold and tin interests in south east Asia and southern India, coal mines in Australia and Africa, iron ore in India and Africa, and the production of a new high-strength steel technology.

The company has already announced signed Business Cooperation Agreements and Memorandums of Understanding with two Vietnamese groups to enter into joint venture operations for three exploration and extraction licenses in Hoa Binh, which is situated in the Doi Bu gold region of Vietnam, and three exploration and extraction licenses in the Nghn An province.

Astra is in advanced discussions on merging these Vietnamese initiatives with a major Vietnamese resource company of which details will be announced as soon as they become available.

Astra has also confirmed its plans to list on the Frankfurt Stock Exchange before the end of August.

For more information visit www.astramining.com or email investor-relations@wedgewoodcommunications.com

Contact:

Caitlin Petrou

Astra Mining

46 Tynte Street

North Headline, SA 5006

+61 (0) 402 823 343

caitlin@astramining.com

http://www.astramining.com

Astra Mining Announce Appointment of Brokering Firm Kea Funds Management

Head of Kea Corporate, Mr Matthew Critchley has said that they are excited to be a part of what they consider a leading resources company of the future.

Adelaide, Australia, June 23, 2011 - The board of Astra Mining Ltd and Astra Resources PLC (Astra) is pleased to announce the appointment of Australian-based broking firm Kea Funds Management (Kea) as its exclusive broker with immediate effect.

Head of Kea Corporate, Mr Matthew Critchley has said that they are excited to be a part of what they consider a leading resources company of the future.

Kea believes that their three (3) niches in the financial services space will compliment such an attractive opportunity. These being:-

* Active Investment Managers - Consciously managing the portfolios of both high net-worth and institutional clients, through their range of funds and direct client relationships;

* Institutional Execution - Through their partnership with a leading execution service provider in the world, institutional execution is done in a timely and efficient manner;

* General Corporate - With their extensive network of corporate clients in both Australia and Offshore, in particular in the mining space, Kea is able to offer Corporate Services including capital raising, placements and roadshows.

Kea welcomes any enquiries on +61 7 3212 6600 or alternatively email at info@keafundsmanagement.com.au .

For more information about the company visit www.astramining.com or email investor-relations@wedgewoodcommunications.com

Contact:

Caitlin Petrou

Astra Mining

46 Tynte Street

North Headline, SA 5006

+61 (0) 402 823 343

caitlin@astramining.com

http://www.astramining.com

Expert Opinion Verifies Revolutionary New steel Making Process for Astra Mining

Astra Mining, an Australian diversified mining company, has received an independent expert opinion from Hungary’s University of Miskolc confirming the potential of its revolutionary new steel manufacturing process.

North Headline, SA, June 17, 2011 - The end product, T-Steel, is significantly stronger than regular steel and provides vast production, operational and environmental benefits.

T-Steel was used commercially to strengthen steel for non-civilian use. Astra has taken the opportunity with the devolution of the Eastern bloc countries to acquire the technology and roll it out globally.

Astra Mining CEO, Dr. Jaydeep Biswas, says the independent verification of the steel’s unique properties comes from one of the University of Miskolc’s leading metallurgical engineers, Professor Emeritus Dr. Farkas Otto.

"This expert opinion on a study into the preparation of the production of T-Steel confirms it has better qualities compared to traditional steels," Dr. Biswas says.

"It also confirms the CO2 emission in its manufacture can be up to two times less than with traditional steel making technologies, reducing a manufacturing plants carbon footprint which is highly beneficial to the environment.

"Astra has a substantial 30 percent ownership of T-Steel’s IP and has full operational and management control of its business, so we are very excited to receive this independent verification."

T-Steel is a direct, high category replacement for the currently produced equivalent steel types and has immediate benefits in high use countries such as China and India. It can also play a large role in countries trying to reduce C02 emissions such as Australia.

The basic product, which includes the use of unique alloy based formulas invented over a 30 year period in Hungary, is based on a process which can modify the metallurgical properties of steel at a molecular level.

"T-Steel can be produced by existing steel mills with little or no retrofitting needed, however this can only be done if the mills have access to the T-Steel technology and the correct steel plant operation conditions," Dr. Biswas says.

"This makes T-Steel nearly impossible to replicate, as attempts to meet all necessary conditions would cost many hundreds of millions, something that would not be cost effective for individual steel manufacturing companies.

"Astra is in negotiations for a long term co-operation agreement with one the world’s largest steel traders for the DAM Steel Works in Hungary which will produce 500,000 tonnes per annum of T-Steel annually.

"The acquisition of DAM Steel plant is not a pre-requisite for rollout for the T-Seel technology, it is one part of a comprehensive business plan, however the relationship would position Astra ideally to capitalise on its strategic growth plan and market T-Steel products worldwide."

The viability of the T-Steel technology has been verified by extensive independent reporting and the technology is commercially viable due to its strong record of commercial applications, including areas in construction, automotive and machinery.

Companies that have already utilised T-Steel technology in the past include those in vehicle manufacturing and industrial applications.

"A Top 4 accounting firm completed the financial model for the valuation of T-Steel, which is based on a single manufacturing mill producing 500,000 tonnes of steel per annum and a separate business unit distributing the alloy-based formula globally," Dr. Biswas says.

"It is estimated that the project of global commercialisation of T-Steel technology has a NPV over A$6.12 billion, assuming the level of risk is in line with industry average.

"Based on the 30 percent IP ownership, Astra’s share is extremely valuable to our company."

Astra Mining’s global portfolio includes gold and tin interests in south east Asia and southern India, coal mines in Australia, iron ore in India, and the production of a new high-strength steel technology.

Astra has also confirmed its plans to list on the Frankfurt Stock Exchange before the end of August.

For more information visit www.astramining.com or email investor-relations@wedgewoodcommunications.com

Contact:

Caitlin Petrou

Astra Mining

46 Tynte Street

North Headline, SA 5006

+61 (0) 402 823 343

caitlin@astramining.com

http://www.astramining.com/projects/intellectual-property/

Astra Mining Confirms Frankfurt Stock Exchange Listing

Astra Mining, an Australian diversified mining company, has confirmed its intention to list on the Frankfurt Stock Exchange at an Extraordinary General Meeting held today.

Adelaide, Australia, June 15, 2011 - Astra Mining, an Australian diversified mining company, has confirmed its intention to list on the Frankfurt Stock Exchange at an Extraordinary General Meeting held today.

A resolution was passed that will see the shareholders in Astra Mining roll their shares into Astra Resources PLC, a UK public listed company, and seek a listing date.

The listing is unconditional and a listing date will be chosen to maximise the share price, expected between 18th July and 31st August 2011.

The time frame will also enable the directors to deliver an additional increase in the value of the shares by raising capital prior to the listing so as to create a more successful IPO.

Astra CEO, Dr Jaydeep Biswas, says the move is designed to ensure the company is able to continue to successfully operate on a global scale and comes at a pivotal point in time.

"Astra has a number of interests in the resources sector spanning four continents and our listing on one of the world's largest trading exchanges gives the company incredible exposure and access to 35 percent of the world’s investment capital," Dr. Biswas says.

"We’re on the cusp of concluding our interests in several projects including joint ventures to produce gold and coal which will both add enormous value to the equity base of the company.

"We are also developing positions in high-grade iron ore mining and trading which puts us in a unique low-cost supply position for the steel manufacturing industry which we are also heavily involved in.

"As such we believe we should use this momentum to list to create further forward trajectory for the company which will allow us to become a leading worldwide resources group."

The company first signalled its intentions in early May with an announcement it had signed a listing agreement with two corporate advisory firms to assist with the admission process.

The EGM’s other resolutions include a share swap on a one-for-one basis for every share held by the shareholders in Astra Mining in exchange for one founders’ share in Astra Resources PLC, and that these shares issued in Astra Resources PLC would be held in escrow for 12 months.

Shareholders also approved the appointment of Dr. Biswas and Ms Silvana De Cianni as directors of Astra Resources PLC and for the company to expand its current business activities from the operation of steel, iron ore, coal, gold and mining house services to include additional activities of oil, gas, energy, environmental and health services and the provision of all raw materials used in the process and products of steel making.

Corporate advisors GEBO Equity Management and Stepping Stone Equity have been retained to manage the Frankfurt Stock Exchange listing.

Founded over 400 years ago, Deutsche Borse's Frankfurt Stock Exchange is the world's third largest trading exchange, ranking only behind the New York Stock Exchange (NYSE) and NASDAQ, and is home to public companies from more than 80 different countries.

Astra Resources’ global portfolio will include gold and tin interests in south east Asia and southern India, coal mines in Australia and Africa, iron ore in India and Africa, and the production of a new high-strength steel technology.

For more information visit www.astramining.com or email investor-relations@wedgewoodcommunications.com

Contact:

Caitlin Petrou

Astra Resources

46 Tynte Street

North Adelaide SA 5006

+61 (0) 402 823 343

caitlin@astramining.com

http://www.astramining.com

Astra Mining sign JV with Nigerian Company to Pursue Mining Opportunities

Astra Mining, an Australian diversified mining company, has signed a joint venture agreement to develop mining licenses in the natural resource rich Nigeria

Adelaide, Australia, June 12, 2011 - Astra Mining, an Australian diversified mining company, has signed a joint venture agreement to develop mining licenses in the natural resource rich Nigeria

The agreement has been struck with Tirogo Nig. Ltd, which is part owned by the founder and Chairman of the Australia-Nigeria Council, Ade Kukoyi.

Mr Kukoyi is a highly regarded Nigerian national who established the Council to encourage and promote trade and economic opportunities between the two countries.

The joint venture has formed a Singapore registered company (which owns a Nigerian subsidiary) to take advantage of the favourable tax structure and treaty in place between Singapore and Nigeria.

The Nigerian subsidiary is the holder of an export licence in respect to mining related products.

Astra CEO Dr. Jaydeep Biswas says the joint venture agreement is a major step forward for the company in its international expansion plans.

‘The joint venture has been established to develop various mining licences in Nigeria and, through its wholly owned Nigerian subsidiary Bingi Commodities Nig. Ltd, establish separate special purpose vehicles for every mining licence to be acquired and developed in Nigeria," Dr. Biswas says.

"Provision for the shareholding of local landowners in Nigeria will be made within every special purpose vehicle established.

"In addition to the development of mining licences in Nigeria, the joint venture will engage in any projects relating to iron ore, coal, oil, gas, gold and other commodities relating to the steelmaking process, and the provision of mining housing infrastructure for the resources industry in Nigeria."

Astra believes the signing of the agreement will greatly assists the diversification of the company, and will add an enormous income stream going forward.

Dr. Biswas says Astra’s investment in Nigeria is not only an investment in the future of the resource rich country but also in the future growth of Astra Mining.

Astra Mining’s global portfolio includes gold and tin interests in south east Asia and southern India, coal mines in Australia, iron ore in India, and the production of a new high-strength steel technology.

Astra has also announced its plans to list on the Frankfurt Stock Exchange in the coming months.

For more information visit www.astramining.com or email investor-relations@wedgewoodcommunications.com

Contact:

Caitlin Petrou

Astra Mining

46 Tynte Street

North Adelaide SA 5006

+61 (0) 402 823 343

caitlin@astramining.com

http://www.astramining.com