Cecilia Jamasmie, Author at MINING.COM

Caterpillar axes sales forecast, warns factors depressing orders could linger

While quarterly earnings beat analysts expectations, revenue fell short of estimates and CAT also lowered its full-year guidance.

Cecilia Jamasmie | October 25, 2016 | 3:34 am

Protest ends at MMG’s Las Bambas copper mine in Peru, exports to resume

The process of restoring calm in local communities and the re-opening of essential infrastructure is now underway, said the miner Monday.

Cecilia Jamasmie | October 24, 2016 | 9:42 am

Caterpillar rally hindered by fresh drop in sales

The world’s largest heavy machinery maker has logged a 18% drop in global sales of machinery for the three-month period ended in September.

Cecilia Jamasmie | October 24, 2016 | 6:57 am

Mining robots key to colonizing Mars — Elon Musk

He envisions people living in big glass-carbon fiber domes on the surface, with additional areas mined out below the surface by robots for "industrial" uses.

Cecilia Jamasmie | October 24, 2016 | 5:51 am

Decision on new coal mine close to nature reserve ‘could spell end’ to the industry in UK

Decision on coal mine close to UK reserve ‘could spell end’ to industry

Banks Group’s Highthorn coal mine would provide about 100 jobs during its five-year operation, with no mining activity planned within 500 metres of Druridge Bay beach.

Cecilia Jamasmie | October 24, 2016 | 4:22 am

Acacia Mining soars after revising gold output forecast up

Stock climbed 12.94%, closing the session at 529p.

Cecilia Jamasmie | October 21, 2016 | 8:03 am

Refiners lash out at regulators plans to force banks cover gold holdings

Under the new rules, banks will need a higher ratio of longer term, more pricey funding against the precious metal on their balance sheets, they argue.

Cecilia Jamasmie | October 21, 2016 | 5:55 am

Mexico’s mining sector to reach $17.8bn by 2020 on the back of silver, zinc prices

The country's sector, dominated by precious metals and zinc, will be well-positioned for the expected price outperformance of these commodities, shows new report.

Cecilia Jamasmie | October 21, 2016 | 3:46 am

Glencore sells sell Australia coal rail unit for $874 million

Glencore sells Australia coal rail unit for $874 million

With the deal, the Swiss group is only a step away from meeting chief executive Ivan Glasenberg’s target of $5bn in assets sales this year.

Cecilia Jamasmie | October 20, 2016 | 11:25 am

Done deal: Centerra Gold buys Thompson Creek for $1.1 billion

With the deal Centerra gets its hands on Mount Milligan, a large mine in British Columbia and reduces its reliance on Kumtor mine, in Kyrgyzstan, for cash flow.

Cecilia Jamasmie | October 20, 2016 | 9:55 am