Cecilia Jamasmie, Author at MINING.COM

BHP Billiton mulls spinning off non-core divisions into a $18bn firm

BHP’s Mackenzie vows ‘substantial’ cash returns to shareholders by June

The only stumbling block is the firm's $27bn net debt, which BHP expects to drop below $25bn in three months, removing the final hurdle.

Cecilia Jamasmie | March 16, 2014 | 6:00 pm

Five major copper mines to begin operations in Peru by 2016

Combined estimate investment exceeds $13 billion, says the government.

Cecilia Jamasmie | March 16, 2014 | 5:00 pm

Rio Tinto to pay an extra $75 million in taxes on new rulings

The miner is warning the multitude of new legislation could send compliance costs soaring by tens of millions of dollars for global companies.

Cecilia Jamasmie | March 16, 2014 | 3:15 pm

Gold prices to rally this week on Ukraine and China worries

Traders are closely following Sunday’s poll in Ukraine's Crimea region, as its results could further increase geopolitical tensions and hence affect gold prices.

Cecilia Jamasmie | March 16, 2014 | 2:23 pm

India’s Goa freezes third phase of iron ore e-auction

Due to slump on prices for the steel-making material.

Cecilia Jamasmie | March 16, 2014 | 1:56 pm

Scientists find way to turn base metal into precious one

More than conquering the age-old quest to turn base metals into precious ones, these scientists are applying modern day alchemy to build the next-generation of fuel cells and electrolyzers.

Cecilia Jamasmie | March 16, 2014 | 12:14 pm

Man finds 2.89-carat diamond at Arkansas state park

Estimated to be worth around $20,000.

Cecilia Jamasmie | March 14, 2014 | 3:55 pm

Rio Tinto’s Sam Walsh scores $9m pay increase in first year

Rio Tinto’s Sam Walsh scores $9m after pay increase in first year

The figure includes salary, a cash bonus, shares and other benefits for the man who was able to take Rio Tinto from a US$3 billion loss to a US$3.7 billion profit in a year.

Cecilia Jamasmie | March 14, 2014 | 2:46 pm