CAPITAL MARKETS

Mining briefs: Hillgrove, NQM, Anglo Australia and more

<b>HILLGROVE Resources</b> has optioned a suite of new bauxite projects in Indonesia, saying today the company will pay $US840,000 ($A954,000) in cash and shares to acquire the options over a 70% holding in five companies which control 1400 square kilometres of granted bauxite exploration licenses in west Kalimantan.