Gold, copper and silver producer Anglo Asian Mining posted Thursday pre-tax profits of $10.5 million for the six months to the end of June - down from $14.2 million a year ago.
BHP Billiton, the world's number one miner, has put its $30 billion Olympic Dam copper-uranium expansion back in the spotlight by asking South Australia state for a 46-month extension for the project.
China's Zhongrun Resources Investment Corp is on track to acquire 42% of Australia's Noble Mineral Resources (ASX:NMG) for AUD$85 million as well as options to obtain a majority stake.
Nathan Tinkler's fortune has plunged by over 50% since last year causing the electrician-turned-mining magnate to tumble to second place on a list of Australia's richest young entrepreneurs.
The scions of two of Australia's leading mining dynasties are waging battle in court once again, this time over ownership of the Hope Downs iron ore deposits in Western Australia's mineral-rich Pilbara.
Lundin Mining Corporation (TSX:LUN) shed more than 3% on Wednesday after announcing that it does not intend to exercise its $80 million option to acquire 80% of a copper project in northern Spain.