Cecilia Jamasmie , Editor-in-Chief

Canadian Atlanta Gold forced to pay $2 million in fines

An Idaho court has ordered Canadian Atlanta Gold Corp (TSX:ATG) to pay a bulky $2 million fine for its continuing failure to stop arsenic and iron from flowing into a tributary of the Boise River system.

Cecilia Jamasmie | July 21, 2012 | 6:46 pm

India’s Jindal employees in Bolivia arrested and equipment seized for alleged ‘breach of contract’

Two employees of India’s Jindal Steel and Power were arrested on Friday and equipment confiscated in Bolivia, after the company abandoned its $2.1 billion El-Mutun iron ore project five days ago.

Cecilia Jamasmie | July 21, 2012 | 5:58 pm

No signs of the mining boom ending for Australia any time soon: studies

There is no end on sight to the mining boom in Australia, a country which mineral resources sector value is expected to reach $122.6 billion by 2016, growing at an annual average rate of 4.3%, reveals a study published Saturday.

Cecilia Jamasmie | July 21, 2012 | 4:54 pm

China’s Sino Iron mine in Australia just got $2 billon more expensive

The cost of building China's CITIC Pacific’s first iron ore mine in Australia, Beijing’s largest investment in the Aussie mining sector, has increased to a shocking $8 billion.

Cecilia Jamasmie | July 21, 2012 | 3:39 pm

Two solar power plants to relieve mining sector’s power needs in Chile

As subsidies for renewable energy are falling in the depressed European economies, which represent the world's largest market for solar technology, manufacturers have started looking to new markets and Chile seems to be the most attractive one.

Cecilia Jamasmie | July 21, 2012 | 12:00 pm

Freeport to start $4 billion Peru’s copper mine expansion in 2013

Freeport-McMoRan Copper & Gold (NYSE: FCX) will start its $4 billion mill expansion at the Cerro Verde copper operation in Peru next year, said CEO Richard Adkerson a conference call to discuss second quarter results published Thursday.

Cecilia Jamasmie | July 20, 2012 | 5:48 pm

Major Anglo American reshuffle as Amplats CEO walks away

Neville Nicolau, the head of Anglo American’s platinum business is leaving the company, after the South African unit warned its earnings per share for the first half could drop as much as 78%.

Cecilia Jamasmie | July 20, 2012 | 3:40 pm

Seaway pipeline expansion almost ready: operators‎

Canadian Enbridge and Enterprise Products Partners LP have nearly completed work on the Seaway pipeline to increase its capacity from 150,000 to 400,000 barrels per day.

Cecilia Jamasmie | July 20, 2012 | 2:58 pm

Colombian coal miners’ strike risks Glencore operation

Following a series of recent protests and other problems affecting mining companies with operations in Colombia, coal workers for the local unit of Glencore International went on strike late Thursday, causing the immediate halt of the company's operations in the country.

Cecilia Jamasmie | July 20, 2012 | 1:21 pm

De Beers’ profit down 53%; Venetia expansion still going ahead

Profit for De Beers, the world's number two diamond producer after Russia's Alrosa, is down 53% for the first half of 2012 affected by worries over consumer demand and shortage of financing for cutters and polishers.

Cecilia Jamasmie | July 20, 2012 | 9:31 am

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