Cecilia Jamasmie, Author at MINING.COM

Teck Resources coal sales to exceed prior outlook

Shares in Canada’s Teck Resources (TSX:TCK.B) (NYSE:TCK) climbed slightly Friday after the company announced that coal sales for the fourth quarter are expected to top its prior outlook of 6.2 million tonnes.

Cecilia Jamasmie | December 21, 2012 | 7:22 pm

South Africa won’t nationalize its mines, but taxes go up

After years of debate, South Africa’s ruling party African National Congress rejected Thursday plans to nationalize the country’s mining sector, but voted in favour of higher taxes in the world’s main producer of platinum and chrome.

Cecilia Jamasmie | December 21, 2012 | 5:44 pm

Fracking activities polluted Alberta’s groundwater: ERCB

Leaked fluid from fracking activities polluted groundwater after a “serious” incident at a well site near Grande Prairie, a city in the northwestern part of the Canadian province of Alberta, in September 2011.

Cecilia Jamasmie | December 21, 2012 | 5:00 pm

Disconnect between metal futures and physical is excessive — Maguire

Silver market trader and whistleblower Andrew Maguire told King World News the disconnect between gold and silver futures markets and the physical markets has reached an extreme rarely seen before.

Cecilia Jamasmie | December 21, 2012 | 3:59 pm

Brazil doubles gold reserve to highest level in 12 years

Brazil increased gold reserves for a third month in November to double the country’s holdings since August, reaching levels not seen since November 2000.

Cecilia Jamasmie | December 21, 2012 | 2:59 pm

Centerra Gold files new technical report for its Kumtor mine

Document was submitted a week after Canadian Centerra Gold (TSX:CG) rejected as “exaggerated” and “without foundation” a $152 million environmental damages claim from the Kyrgyzstan government.

Cecilia Jamasmie | December 21, 2012 | 2:21 pm

Fresh wave of violence strikes South African mines: eight dead

Lonmin’s Marikana mine controversy far from over: survivors allegedly ‘shot again’

Lawyer says there is enough evidence to say the police had planned to shoot miners and not arrest them.

Cecilia Jamasmie | December 20, 2012 | 7:32 pm

Enbridge acquires 50% of wind farm for $170 million

Enbridge said Thursday it will invest $170 million to acquire a 50% stake in the 150-megawatt Massif du Sud wind farm in Quebec.

Cecilia Jamasmie | December 20, 2012 | 5:53 pm

All that glitters in 2013 is gold – PwC predicts soaring prices

Gold is the favoured commodity of 2013 with more than 80% of gold executives expecting to see a rise in the price of gold, despite the poor performance of the precious metal in the last two days.

Cecilia Jamasmie | December 20, 2012 | 5:24 pm