Cecilia Jamasmie , Editor-in-Chief

Colombia’s new energy and mining minister promises to ‘get it right’

Colombia’s energy and mining minister Federico Renjifo, who assumed the position on Thursday, said he is aware he’ll face difficult times as analysts are predicting a slowdown in demand for the country’s commodities in coming years, but he said he’ll make sure the sector remains competitive and attractive to foreign investors.

Cecilia Jamasmie | September 2, 2012 | 3:09 pm

Athabasca confirms oil sands venture

Athabasca Oil Corp. (TSX:ATH) confirmed Friday that it is in the preliminary stages of establishing a joint venture for two of its Alberta oil sands assets, but it declined to identify its partner.

Cecilia Jamasmie | August 31, 2012 | 6:58 pm

South African strikes spread, hit Gold Fields

Mining workers dissatisfaction in South Africa has now hit the country's second-largest gold producer, Gold Fields Ld. as about 12,000 employees downed tools at the KDC mine, on Johannesburg's West Rand.

Cecilia Jamasmie | August 31, 2012 | 2:09 pm

India looks for rare earths under the sea

India is already building a rare-earth mineral processing plant in the east coast state of Orissa and will invest $135 million in a new exploration ship and the refurbishing of another vessel to mine minerals under its oceans.

Cecilia Jamasmie | August 31, 2012 | 1:27 pm

Macabre twist: Lonmin protesters who survived massacre face murder charges

Two weeks after South African police opened fire on a group of 3,000 workers and killed 34 people protesting at the platinum miner Lonmin's (LON:JSE) Marikana mine, prosecutors are bringing murder charges against a unexpected group of suspects: the miners themselves.

Cecilia Jamasmie | August 30, 2012 | 7:13 pm

Conga remains key for Newmont

Newmont Mining's (NYSE:NEM) $4.8 billion copper-gold project in Cajamarca Peru remains as one of the company’s priorities, but further development will be done on a very measured basis, told MINING.com the company’s head of communications, Omar Jabara.

Cecilia Jamasmie | August 30, 2012 | 4:10 pm

Xstrata kicks off production at Mount Margaret mine‎

London listed Xstrata (LON:XTA) started Thursday copper production at its $310 million (A$300) Mount Margaret operation in north-west Queensland, Australia.

Cecilia Jamasmie | August 30, 2012 | 2:06 pm

Qatar Holding confirms it will vote against Glenstrata next week, shares dive

Qatar’s sovereign wealth fund has publicly said Friday it will vote against the mooted $70 billion merger between Glencore (LON:GLEN) and Xstrata (LON:XTA), which sent shares of both the Swiss commodity trader and the coal giant down the slope Thursday in London.

Cecilia Jamasmie | August 30, 2012 | 1:01 pm

Iron ore freefall catches miners

Iron ore prices hit the lowest level since November 2009 on Tuesday as the commodity crashed 4.6% closing at $94.80. The dive proved a drag for producers of the commodity, particularly companies investing heavily to expand their production capacity.

Cecilia Jamasmie | August 29, 2012 | 6:14 pm

Gran Colombia gold announces additional purchases of shares by managers directors

Canadian Gran Colombia Gold Corp. (TSX:GCM), the largest underground gold and silver producer in the South American country, announced that senior managers and members of the board of directors have purchased a combined 380,000 common shares of the company.

Cecilia Jamasmie | August 29, 2012 | 4:08 pm

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