Uranium miner Energy Resources of Australia Ltd.(ERA.AU) said Monday it expects to post unaudited net earnings of more than A$120 million fore six months ended June 30.

Its fiscal first et profit is up more than three times from the A$38.9 million that the Darwin-based company posted in the first half of fiscal 2008.

Last week,ERA, which is 68%-owned by Rio Tinto Ltd. (RTP), reported that it substantially boosted its second-quarter uranium oxide production from a year earlier owing to improved grades and milling rates.

-By Andrew Harrison, Dow Jones Newswires; 61-3-9292-2095; andrew.harrison@dowjones.com
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