Cecilia Jamasmie , Editor-in-Chief

Freeport to yield control of giant Grasberg copper mine to Indonesia

The company has greed to reduce its stake in the Grasberg mine to 49% in exchange for licenses to operate the massive copper and gold pit until 2041.

Cecilia Jamasmie | August 29, 2017 | 3:27 am

India launches world’s first diamond futures exchange

The Indian Commodity Exchange Limited (ICEX) will start trading in 1 carat/100 cent contracts, to later add 50 cent and 30 cent contracts.

Cecilia Jamasmie | August 28, 2017 | 7:07 am

Glencore to offload second coal mine in Australia in less than three months

Decision comes as the Swiss-based miner and commodities trader rethinks how to deploy capital as its cuts debt.

Cecilia Jamasmie | August 28, 2017 | 3:29 am

Philippines to expand mining ban to watershed areas, ore exports

In an effort to receive more financial benefits from mining operations, the government's proposal will also require investors in the sector to get legislative approval before operating.

Cecilia Jamasmie | August 25, 2017 | 7:08 am

Guatemalan court backs Tahoe’s Escobal mine suspension

Together with reevaluating its previous multi-year guidance, the company is now reviewing the financial impact of the mine suspension to its longer term capital and exploration programs.

Cecilia Jamasmie | August 25, 2017 | 4:57 am

Trump to open parts of Utah National Monument to miners, oil firms — report

The monument, one of the 27 President Trump is taking a second look at, covers 1.3 million acres (about 5,260 square km), and it includes land considered sacred to Native Americans.

Cecilia Jamasmie | August 24, 2017 | 9:55 am

Bacanora to complete Sonora lithium project feasibility study this year

Final study focuses on a two-phase open pit mine and lithium carbonate processing facility with a life of over 20 years.

Cecilia Jamasmie | August 24, 2017 | 6:57 am

Brazil to let mining happen in Amazon area the size of Switzerland

The region, preserved as a national reserve for more than three decades, is thought to be rich in gold, iron ore, copper and other minerals.

Cecilia Jamasmie | August 24, 2017 | 5:20 am

Germany brings home $28bn worth of gold reserves

With the move, the country’s central bank has completed its plan to bring back home 54,000 gold bars that were still being held in foreign vaults.

Cecilia Jamasmie | August 23, 2017 | 5:32 am

Scientists figure out how to make it rain diamonds

It's the first time the event has been reproduced in a lab environment similar to the one within Neptune and Uranus.

Cecilia Jamasmie | August 22, 2017 | 8:56 am

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