MINING.COM Staff Writer

Oz Minerals reported its half year financial results on Monday. Highlights were revenue of $632.7 million, and reported net profit after tax of $113.9 million with underlying net profit after tax of $189.1 million.

High River Gold Mines on Monday reported its financial results and operational highlights for the three month period ended June 30, 2011 showing net gold revenue of $136.2 million, an increase of 11% from $122.4 million in Q1 2011, an increase of 20% from $113.8 million in Q2 2010. Net income of $41.4 million ($0.05 per share) compared to a net income of $37.3 million ($0.04 per share) in Q1 2011 and a net income of $37.5 million ($0.05 per share) in Q2 2010.

US China Mining Group's results for the second quarter of 2011 showed the Company generated net sales of $11.4 million compared to $10.0 million for the same period in 2010, an increase of 14%. The Company sold approximately 216,011 metric tons of coal in the three months ended June 30, 2011, similar to the 215,489 metric tons sold in the second quarter of 2010. The average sales price per ton increased 13% year-over-year, from $46.25 to $52.37, due to strong industry demand.