Cecilia Jamasmie , Editor-in-Chief

Xstrata to lavish $260,000 on every resident of tiny Australian town

Wandoan, with a population of less than 380 people, could get about $106 million from mining giant Xstrata if the Swiss company decides to go ahead with its $6 billion coal project bordering the local community.

Cecilia Jamasmie | August 9, 2012 | 1:28 pm

Rio Tinto banking on China rebound as profits drop 34%

Giant miner Rio Tinto is closing down its Blair Athol coal mine in Australia as the company considers whether to limit spending on new projects next year.

Cecilia Jamasmie | August 8, 2012 | 5:53 pm

Hecla Mining’s bid to take over US Silver falls through

US Silver board of directors voted instead to merge with Canadian RX Gold & Silver and form a new firm.

Cecilia Jamasmie | August 8, 2012 | 4:37 pm

South Africa’s gold production continues to fall

South Africa's total mineral production grew 4.2% in June but the negative trend in gold output continued its course with bullion output dropping 4% by volume.

Cecilia Jamasmie | August 8, 2012 | 3:21 pm

Coeur d’Alene beats analysts’ estimates, acquire Hundra Silver shares

USA’s largest primary silver producer, Coeur d’Alene Mines (NYSE:CDE)(TSX:CDM), reported a second-quarter profit on Tuesday that beat analysts' estimates thanks to cost cutting and improved gold production results at its Kensington gold mine in Alaska.

Cecilia Jamasmie | August 8, 2012 | 1:16 pm

Miners to finally stop rejecting each other’s advances

For those who expected that Canada’s reporting season would give its subdued mergers-and-acquisitions market a good push, consultants from Ernst & Young have a clear message: a merging frenzy this way comes.

Cecilia Jamasmie | August 8, 2012 | 12:38 pm

BHP in talks to sell Ekati diamond mine to Harry Winston

A deal between BHP Billiton and Toronto-based jeweller Harry Winston Diamond might be around the corner according to the Financial Times.

Cecilia Jamasmie | August 7, 2012 | 5:04 pm

Mexico’s record gold production takes it closer to bullion superpower status

Mexico may not be breaking records at London’s Olympic Games, but back home it is scoring big. On Monday, the Mexican Chamber of Mining announced the country hit a new record in gold production in 2011.

Cecilia Jamasmie | August 7, 2012 | 3:38 pm

From women’s fingers to fingernails: Jeweller launches $250k black diamonds-based nail polisher

Hollywood-based jewellery company Azature, has started selling a $250,000 nail polish containing 267 carats of black diamonds.

Cecilia Jamasmie | August 7, 2012 | 2:16 pm

Barrick pursuing acquisitions despite operations and projects review

Barrick Gold, the world’s largest producer of the precious metal, said it would continue to pursue acquisition opportunities despite the full review of its operations.

Cecilia Jamasmie | August 7, 2012 | 1:40 pm

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