Cecilia Jamasmie , Editor-in-Chief

Gold Fields spins off most troubled South African mines

South Africa’s Gold Fields (NYSE:GFI) the world’s 4th largest miner, announced Thursday it would spin off two of its more troubled operation into a new company, Sibanye Gold.

Cecilia Jamasmie | November 29, 2012 | 4:52 pm

Cost inflation to eat miners’ results in 2013

The rise of mining costs will have a more dramatic impact on the 2013 industry results than in the last couple of years, revealed Thursday global ranking agency Fitch Ratings.

Cecilia Jamasmie | November 29, 2012 | 3:04 pm

Oil sands giant Suncor loses temporary injunction against drug test

Canada’s oil sands giant Suncor Energy (TSX, NYSE:SU) has lost an appeal of a temporary injunction that halts the start of random drug and alcohol testing on its employees.

Cecilia Jamasmie | November 29, 2012 | 11:53 am

Value of Canadian mining and metals deals almost halved in 2012

The value of Canadian mining and metals deals dropped a dramatic 43% for the first nine months of 2012, revealed Wednesday the latest report by Ernst & Young.

Cecilia Jamasmie | November 28, 2012 | 8:05 pm

India’s gold demand to drop 19% in 2012

The World Gold Council (WGC) expects India’s total demand for the yellow shiny metal in 2012 to be nearly 19% lower in 2012 than last year, mainly due to low consumption during first two quarters.

Cecilia Jamasmie | November 28, 2012 | 7:43 pm

Mining industry could save billions on capital projects – report

Mining and metals companies saw expenditures reach over $140 billion in 2012, but a study published Wednesday by consultants at Accenture (NYSE: ACN) indicates the sum could have been considerably lower.

Cecilia Jamasmie | November 28, 2012 | 6:05 pm

INFOGRAPHIC: Silver supply and demand

Traditional uses of silver only account for about a third of silver fabrication. This Infographic explains what happens to the other two-thirds.

Cecilia Jamasmie | November 28, 2012 | 4:57 pm

China resubmits deal to acquire Canada’s Nexen to US regulator

In an unusual move, Chinese state-owned CNOOC and Canada’s Nexen Inc. (NYSE,TSX:NXY) have resubmitted notice of their potential deal to US regulators, which will reset the clock on Washington’s approval for the $15 billion energy deal.

Cecilia Jamasmie | November 28, 2012 | 3:32 pm

Barrick to inject $2 billion to Pascua-Lama in 2013

Canada’s Barrick Gold (NYSE, TSX: ABX) will invest about $2 billion in Argentina next year mainly to advance construction at its massive Pascua-Lama gold-silver project, straddling the border with Chile.

Cecilia Jamasmie | November 28, 2012 | 2:50 pm

‪Investcorp sells truck parts unit for $1 billion

Persian Gulf-based Investcorp said on Tuesday it had sold US truck and trailer parts distributor FleetPride to TPG, one of the largest private equity investment firms, for more than $1 billion.

Cecilia Jamasmie | November 28, 2012 | 11:55 am

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