Cecilia Jamasmie, Author at MINING.COM

Weir abandons $6.1bn bid to buy rival Metso

The Finnish firm rejected a sweetened multibillion-dollar bid on the grounds that it was "significantly" undervalued and appeared "opportunistic."

Cecilia Jamasmie | May 29, 2014 | 4:37 pm

De Beers plans for Snap Lake mine challenged by locals

The firm wants to change its water licence to double the current chloride limit pumped into nearby lake.

Cecilia Jamasmie | May 29, 2014 | 3:09 pm

Major new coal projects unlikely to be lucrative: Goldman Sachs

Major new coal projects unlikely to be profitable: Goldman Sachs

The bank analysts say the window for profitable investment in new thermal coal mining and infrastructure capacity “has closed.”

Cecilia Jamasmie | May 29, 2014 | 11:40 am

The 33 Chilean miners rescued alive back in the spotlight

Thanks to polemic TV commercial encouraging Chile’s national soccer team to be bold and daring in upcoming World Cup.

Cecilia Jamasmie | May 28, 2014 | 7:09 pm

Oyu Tolgoi feasibility study won't have financials or schedule

Rio Tinto to axe hundreds of jobs at Oyu Tolgoi mine

Amid the miner's efforts to reduce costs at its gigantic copper and gold operation in Mongolia.

Cecilia Jamasmie | May 28, 2014 | 5:38 pm

Barrick comments on planning for $900 gold price

Barrick putting Pascua Lama back on track

World's top gold miner reaches an initial agreement with Chile’s Diaguita community, the indigenous group that first blocked the $8.5 billion project.

Cecilia Jamasmie | May 28, 2014 | 2:45 pm

Mining investment in Australia falls again as boom fades

Spending committed by mining and energy companies to start or expand projects fell 14.6% to US$212bn at the end of April from $248bn a year earlier. That is a $36 billion drop.

Cecilia Jamasmie | May 28, 2014 | 11:30 am

Copper near 12-week high on hopes of Chinese stimulus

Prices are up nearly 5% so far this month, heading for a second straight monthly gain.

Cecilia Jamasmie | May 27, 2014 | 5:56 pm

Vale’s New Caledonia nickel plant under siege, up to $30m in damage

Angry rioters attacked the nickel facility, which has been closed since early May after an estimated 100,000 litres of acid-tainted effluent polluted a nearby creek.

Cecilia Jamasmie | May 27, 2014 | 3:54 pm

World’s leading hub for diamond trade threatened by further Russian sanctions

While Russia can always sell its diamonds at other trading centres, Antwerp will likely be left scrambling to find a new source of the coveted gems.

Cecilia Jamasmie | May 27, 2014 | 2:00 pm

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Cecilia Jamasmie , Editor-in-Chief

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