Cecilia Jamasmie, Author at MINING.COM

Eldorado to invest $520 million on a mill at its Turkish mine

Eldorado to invest $520 million in mill at its Turkish mine

The project would make Kışladağ a nine-year, 270,000-ounce-per-annum gold mine.

Cecilia Jamasmie | October 26, 2018 | 4:00 am

Barrick could trade copper mines for gold ones to expand Tier 1 assets

The combined miner plans to focus on Tier 1 assets, those producing at least 500,000 ounces of gold annually, with a mine life of more than 10 years and low costs.

Cecilia Jamasmie | October 25, 2018 | 8:55 am

Lucapa Diamond restarts Mothae mine in Lesotho

Lucapa secures $7m loan to boost Lesotho mine development

First commercial diamonds from the company's 70%-owned Mothae mine expected in early November.

Cecilia Jamasmie | October 25, 2018 | 6:35 am

Newmont profit falls, promotes COO to President

Falling gold and copper prices hurt the miner's results for the three months to Sep. 30.

Cecilia Jamasmie | October 25, 2018 | 3:53 am

About $5B in assets to be sold due to Barrick-Randgold merger — expert

BMO Capital Markets has flagged a total of 13 mines that could be sold following the $6-billion merger.

Cecilia Jamasmie | October 24, 2018 | 8:35 am

Antofagasta cuts copper output guidance, sees increase in 2019

Company now expects to produce between 705,000-725,000 tonnes this year, down from the earlier 705-740,000 tonnes target.

Cecilia Jamasmie | October 24, 2018 | 6:00 am

Fresnillo falls as it cuts full-year silver output guidance again

The miner, which is the world's largest primary silver producer and Mexico's second largest gold company, revised silver output guidance down to between 62 million ounces and 64.5 million ounces from a range of 64.5 million to 67.5 million earlier.

Cecilia Jamasmie | October 24, 2018 | 3:55 am

CITIC goes after Clive Palmer’s Mineralogy over iron ore project claims

CITIC goes after Palmer’s Mineralogy over iron ore project claims

Aussie mining tycoon Clive Palmer is being sued by China’s largest conglomerate, CITIC, over his alleged “refusal” to co-operate in making more land available on a major iron ore project in Western Australia.

Cecilia Jamasmie | October 23, 2018 | 12:03 pm

Caterpillar plummets after flagging tariffs-triggered high material costs

The world's no.1 heavy machinery maker reported third-quarter earnings that topped analysts’ estimates, but said the ongoing trade dispute resulted in $40 million in extra costs for materials in the period.

Cecilia Jamasmie | October 23, 2018 | 6:42 am