Cecilia Jamasmie, Author at MINING.COM

Mick Davis wants BHP’s coal division to be cornerstone of his new mining empire

Davis’ X2 Resources has already built a war chest of almost $4 billion and is believed to be asking JPMorgan for US$8bn loan to back up a formal offer to BHP.

Cecilia Jamasmie | April 28, 2014 | 2:04 pm

Vale mulls legal action against Guinea for revoking iron ore rights

Vale mulls legal action over lost iron ore rights in Guinea

The world’s biggest iron ore miner says it's “actively considering its legal rights and options.”

Cecilia Jamasmie | April 28, 2014 | 1:36 pm

Bolivia’s new mining law to move forward after deal with cooperatives

Mining cooperatives will now be able to enter into contracts with private companies by forming “mixed companies” with the State.

Cecilia Jamasmie | April 28, 2014 | 11:14 am

Construction, not mining lifts Caterpillar’s profit

The world’s largest maker of heavy machinery posted a 5% increase in quarterly profit, beating analysts’ estimates.

Cecilia Jamasmie | April 24, 2014 | 5:37 pm

Illegal gold mining expands in South Africa at sky-high rates: report

Authorities estimate there are about 14,000 people currently involved in illegal mining in the country.

Cecilia Jamasmie | April 24, 2014 | 4:03 pm

Platinum strike doesn’t get to spoil Anglo American’s first quarter results

Platinum output fell by nearly 40% as a consequence of a more than three-month strike over pay in the sector South Africa.

Cecilia Jamasmie | April 24, 2014 | 2:00 pm

Deep-sea miner Nautilus to get $113m of escrowed funds

First seabed mine to go ahead as Nautilus solves dispute with PNG

Under the agreement, the Papua New Guinea government paid Nautilus $7 million, which entitles it to a 15% stake in the project, with an option to increase it by another 15% in the next 12 months.

Cecilia Jamasmie | April 24, 2014 | 11:15 am