Cecilia Jamasmie , Editor-in-Chief

MMG submits proposal for Canadian Arctic zinc-copper mine

China-backed metals producer Minerals and Metals Group (MMG) might be the new kid on the Canadian Arctic block, but it is already moving ahead with its plans to build mines in Nunavut in the next six years.

Cecilia Jamasmie | November 20, 2012 | 7:52 pm

Mining CFOs more pessimistic than the rest of Canada’s financial officers

A lot gloomier than any other Canadian chief financial officer (CFO) are those executives working for mining companies, reveals industry-specific data published Tuesday by GE Capital as part of its Bi-Annual Mid-Market CFO Survey.

Cecilia Jamasmie | November 20, 2012 | 6:46 pm

Tiffany lends Diamcor $4 million to expand diamond project in South Africa

Canadian diamond supplier Diamcor Mining Inc. (TSX-V.DMI) has secured an additional $4 million loan from its long-term strategic alliance partner Tiffany & Co., to expand the Krone-Endora diamond project in South Africa.

Cecilia Jamasmie | November 20, 2012 | 5:25 pm

Glenstrata, the new mining king, is born

In what shouldn’t come as a surprise for those following the recent events related to the touted and long delayed $66 billion merger between diversified miner Xstrata (LON:XTA) and commodity trader giant Glencore International (LON:GLEN), the Swiss company's shareholders have approved the deal.

Cecilia Jamasmie | November 20, 2012 | 4:30 pm

Anti oil sands protest blocks Canada-EU Energy Summit in London

A group of activists performing what they called an “oil orgy” protest interrupted the Canada Europe Energy Summit, at Canada House, in London Tuesday morning.

Cecilia Jamasmie | November 20, 2012 | 4:05 pm

BHP Billiton looks for new CEO outside mining

BHP Billiton's (NYSE:BHP), the world's largest mining company, has not been successful in its quest to find a suitable successor to Marius Kloppers, as the South African approaches his sixth year as chief.

Cecilia Jamasmie | November 20, 2012 | 3:42 pm

Conflict diamond new definition not likely to see the light this year

The official definition of conflict diamond, as outlined by the Kimberley Process (KP), isn’t likely to change at the next week’s industry plenary in Washington D.C., says the head of the certification scheme, Gillian Milovanovic.

Cecilia Jamasmie | November 20, 2012 | 2:12 pm

Vale gets green light for railway expansion

Brazil’s Vale (NYSE:VALE), the world's number one iron ore producer, was granted Monday an environmental permit to expand the Carajás railroad (EFC), a key part of its plans to increase iron ore production in the Amazon.

Cecilia Jamasmie | November 19, 2012 | 7:03 pm

Cliffs Natural Resources delays massive iron ore projects

Cliffs Natural Resources (NYSE:CLF), U.S.’ s largest producer of iron-ore pellets, said Monday it would delay mine expansion in Quebec as well as a portion of production at two of its operations in the U.S., as a result of weak commodity prices.

Cecilia Jamasmie | November 19, 2012 | 5:55 pm

India to auction 54 coal mines

Only three days after India’s auction for the 2G telecom spectrum ended in a fiasco with no bids, the South East Asian country is now talking about selling 54 coal mines.

Cecilia Jamasmie | November 19, 2012 | 5:27 pm

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