Cecilia Jamasmie, Author at MINING.COM

Global mining cross border M&A deals amount to $7.7bn in Q4 – report

Kaz Minerals surprises market with dividend, Russian copper project buy

The copper miner said it would pay a dividend of 6 cents per share, the first since 2012, when it began ramping up its two mines in Kazakhstan.

Cecilia Jamasmie | August 16, 2018 | 6:55 am

US to roll plans allowing mining on land removed from monuments

US to allow mining on land removed from monuments

The US Bureau of Land Management has announced plans to allow increased mining on land that once belonged to two national monuments Donald Trump shrank.

Cecilia Jamasmie | August 16, 2018 | 3:45 am

Rio Tinto closer to selling $6bn stake in Iron Ore of Canada

Company is said to have hired Credit Suisse to conduct an auction of its 58.7% interest in IOC.

Cecilia Jamasmie | August 15, 2018 | 7:26 am

Gold Fields profit jumps on surging bullion prices

Gold Fields boss says South Deep lay-offs are ‘last-gasp measure’

Holland said the company has made every effort to avoid the drastic move, but said the choice was now between that and serious risk to the future of South Deep and its many stakeholders.

Cecilia Jamasmie | August 15, 2018 | 5:46 am

Gem Diamonds big discoveries reach a dozen

The company that digs the world’s most valuable diamonds may soon become the one that also finds the biggest.

Cecilia Jamasmie | August 15, 2018 | 3:25 am

Columbus Gold to buy 70% stake in Maripa project from IAMGOLD

The project is made up of five contiguous exploration permits and has a historic gold production of around 40,000 ounces of gold, mined between 1985 and 1996.

Cecilia Jamasmie | August 14, 2018 | 9:27 am

China’s Ganfeng grabs SQM’s stake in Argentinean lithium project

The $87.5-million deal is the latest Chinese acquisition of a lithium project in South America, following Tianqi Lithium’s decision to buy 24% of SQM for $4.1 billion, which has not yet been approved by Chile’s antitrust regulator.

Cecilia Jamasmie | August 14, 2018 | 7:34 am

Lithium boom unlikely to disrupt potash market — analyst

While lithium and potash are often found in the same deposits and mined together, the increasing number of projects aimed at producing the white metal shouldn’t have an impact in the potash market.

Cecilia Jamasmie | August 14, 2018 | 5:55 am

Gold Fields expands South American footprint with $6.7 billion acquisition of Yamana Gold

About 1,500 jobs to go at Gold Fields’ South Deep as part of restructuring

The struggling mine, Gold Fields’ only asset left in South Africa, holds the world’s largest gold deposit after Grasberg in Indonesia and accounts for 60% for the company’s mineral reserves.

Cecilia Jamasmie | August 14, 2018 | 3:15 am