Cecilia Jamasmie, Author at MINING.COM

Strife with indigenous groups could derail Ecuador's drive to be a mining power

Lundin Gold to step up exploration in Ecuador after securing $30m in financing

A syndicate of underwriters, co-led by GMP Securities and BMO Capital Markets, had agreed on a bought deal basis to buy 7.5 million shares at C$5.40 each.

Cecilia Jamasmie | February 21, 2019 | 2:08 am

Barrick still committed to Chile, despite Pascua-Lama major setback

Barrick still committed to Chile, despite Pascua-Lama setback

Chief executive officer Mark Bristow, who is in the South American nation to review the company’s regional strategy, said Barrick’s assets in Chile were an important part of its global portfolio.

Cecilia Jamasmie | February 20, 2019 | 10:56 am

Investor Cornerstone looks to replace SolGold's board

Newcrest ups stake in Ecuador with Cornerstone deal

Australia’s largest gold producer has signed an option and farm-in agreement with Toronto-listed Cornerstone Capital Resources over two early stage projects in Ecuador.

Cecilia Jamasmie | February 20, 2019 | 9:12 am

Glencore post $2.6bn loss, scraps dividend

Glencore yields to investor pressure, caps coal production

The mining and trading giant will cap its production of thermal and coking coal at about 150m tonnes per year, close to its planned output level for 2019.

Cecilia Jamasmie | February 20, 2019 | 5:10 am

Tanzania gives Acacia to March 30 to stop water pollution at Mara or face shutdown

Barrick and Tanzania reach proposal to settle country’s row with Acacia

The gold giant said it would approach the board of Acacia Mining to back the formal proposal that would settle a long-running dispute with the Tanzanian government.

Cecilia Jamasmie | February 20, 2019 | 2:05 am

Chilean watchdog could fine Lumina Copper up to $35.9B for environmental breach

Lumina Copper faces charges, up to $55m fine for environmental breaches in Chile

This is not the first time the Chilean watchdog has fined Lumina.

Cecilia Jamasmie | February 19, 2019 | 9:55 am

Canada clears Newmont’s $10B merger with Goldcorp

Canadian regulator clears Newmont’s $10B merger with Goldcorp

The companies announced their planned all-share tie-up in January, just two weeks after the Barrick-Randgold merger was finalized.

Cecilia Jamasmie | February 19, 2019 | 9:00 am

Waterton steps up efforts to oust Hudbay Minerals’ CEO, reshuffle board

Waterton steps up efforts to oust Hudbay Minerals CEO, board of directors

Toronto-based private-equity firm Waterton Global Resource Management is pushing for an overhaul of Hudbay Minerals’ board and the exit of the CEO, Alan Hair, over alleged "mismanagement."

Cecilia Jamasmie | February 19, 2019 | 4:55 am

BHP’s transformation boss to leaves as part of internal overhaul

BHP urges miners to create global body to oversee tailings dams

CEO Andrew Mackenzie said it was too early to say what impact the recent Vale tailings dam disaster will have on efforts to restart BHP and Vale's jointly owned Samarco mine, shut since November 2015 after a dam collapse killed 19 people.

Cecilia Jamasmie | February 19, 2019 | 3:20 am

IBM steps up efforts to help miners improve health and safety records

The company is working with several wearable technology providers so companies can monitor biometric and environmental data to identify whether employees are experiencing dangers or risk, beyond a equipment failure.

Cecilia Jamasmie | February 16, 2019 | 7:25 am

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Cecilia Jamasmie , Editor-in-Chief

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