Cecilia Jamasmie , Editor-in-Chief

Centerra gets $200 million for royalty portfolio and Kemess silver stream

The miner is receiving an upfront cash payment of $155 million for AuRico Metals’ royalty portfolio and about $45 million payable in four tranches for Kemess's silver output.

Cecilia Jamasmie | May 17, 2018 | 3:19 am

Yamana begins gold and silver production at Cerro Moro mine in Argentina

Commercial production is expected in the second quarter of the year.

Cecilia Jamasmie | May 16, 2018 | 7:08 am

BHP faces shareholder class action over Brazil mine disaster

Australian law firm Phi Finney McDonald alleges BHP knew the dam was at imminent risk of breaking but did not tell markets.

Cecilia Jamasmie | May 16, 2018 | 4:00 am

Historic blue diamond auction exceeds expectations — sold for $6.7 million

The Farnese Blue diamond, which was passed down through European royal families for about 300 years, sold Tuesday for $1.4 million more than the maximum figure experts estimated it would fetch.

Cecilia Jamasmie | May 15, 2018 | 11:05 am

Rio Tinto says climbing costs, resource nationalism once again big threats

Chief executive Jean Sebastien-Jacques said the challenge for the industry is to ensure the benefits from the past frugal years are not lost against a backdrop of rising oil prices and increased political risk.

Cecilia Jamasmie | May 15, 2018 | 8:58 am

Mountain Province hires former De Beers financial chief as president and CEO

Stuart Brown has over 25 years of experience in the diamond industry and is the outgoing Firestone Diamonds chief executive officer.

Cecilia Jamasmie | May 15, 2018 | 6:05 am

Lonmin tanks as UK competition watchdog looks into Sibanye takeover

By mid-morning, Lonmin shares had lost 5.6% of their value in London, while Sibanye’s were down 4.9% in Johannesburg, even though the companies announced they had received the approval of the South African Reserve Bank (SARB).

Cecilia Jamasmie | May 15, 2018 | 3:45 am

Canadian explorer looking to restart Europe’s last tin mine to list in London

Vancouver-based Strongbow Exploration expects the London listing to help it raise 25 million pounds ($34 million) over the next 18 months, which will use to study the feasibility of resuming production at the South Crofty tin mine in Cornwall.

Cecilia Jamasmie | May 14, 2018 | 9:20 am

IDM Mining expects environmental permits for Red Mountain by Sept.

The company expects both the province and the federal government environmental decisions on the gold-silver project to be issued in the third quarter of the year.

Cecilia Jamasmie | May 14, 2018 | 5:47 am

Barrick signs 10-year gas supply deal to make Dominican mine greener

Converting the power plant that feeds the Pueblo Viejo mine from heavy fuel oil to natural gas is expected to reduce the operation’s average cost of sales and all-in sustaining costs by about $54 per ounce.

Cecilia Jamasmie | May 14, 2018 | 3:28 am

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