Cecilia Jamasmie, Author at MINING.COM

Osisko Mining buying Queenston in $550-million deal

Canada’s Osisko Mining Corp. (TSX:OSK) announced Monday it will buy Queenston Mining Inc for about $550 million to get access to gold-rich properties in the Kirkland Lake area in north-eastern Ontario.

Cecilia Jamasmie | November 12, 2012 | 3:32 pm

Shale revolution will make the U.S. world’s top oil producer

Shale will make the U.S. world’s top oil producer

The United States will surpass both Saudi Arabia and Russia becoming the world’s top oil producer by 2017, says the latest yearly world energy outlook published Monday by International Energy Agency (IEA).

Cecilia Jamasmie | November 12, 2012 | 2:58 pm

Fatal earthquake collapses gold mine in northern Myanmar

A 6.8-magnitude earthquake hit northern Myanmar on Sunday, collapsing a gold mine, a bridge, damaging several old Buddhist pagodas and leaving as many as 12 people feared dead.

Cecilia Jamasmie | November 12, 2012 | 1:46 pm

BHP Billiton coal mine goes on a two-week strike

Supervisors at a BHP Billiton's subsidiary Illawarra Coal in the Australian state of New South Wales have voted to strike for up to two weeks over a pay dispute.

Cecilia Jamasmie | November 12, 2012 | 12:32 pm

Yamana Gold insists on risky project in northern Chile

Canadian miner Yamana Gold Inc. (TSX:YRI) (NYSE: AUY) is refusing to give up on its plans to re-open the old “Agua de la Falda” gold mine in Chile’s northern Atacama region, a particularly sensitive area in terms of energy costs.

Cecilia Jamasmie | November 12, 2012 | 11:53 am

Historic Archduke Joseph diamond may reach up to $25 million

The Archduke Joseph diamond, one of the world's most famous and rarest gems from Europe's aristocracy, is expected to reach up to $25 million when it goes under Christie’s hammer on Tuesday.

Cecilia Jamasmie | November 9, 2012 | 7:11 pm

Canadian miner brings first group of foreign workers since last year labour dispute

Canada may change entire temporary foreign worker program over Chinese miners controversy

Accusations of Chinese miners being dubiously brought into the Canadian province of British Columbia to work in coal mines has prompted the federal government not only to investigate the issue, but to review its entire temporary foreign worker program.

Cecilia Jamasmie | November 9, 2012 | 5:13 pm

Hochschild slashes management pay, turns chairman into non-executive

Peruvian company acquires Canadian gold junior Andina Minerals

Peruvian precious metals miner Hochschild (LON:HOC) is acquiring Canadian Andina Minerals (TSX-V:ASM), after the junior gold miner agreed late Thursday to a friendly takeover.

Cecilia Jamasmie | November 9, 2012 | 4:10 pm

Obama energy adviser says still doubts about Keystone XL

Obama energy adviser says doubts about Keystone XL remain

While Calgary-based TransCanada (TSX, NYSE:TRP) remains optimistic about its Keystone XL pipeline’s prospects, given Obama administration’s focus on moving the U.S. away from its dependence on foreign oil, uncertainties around the project remain.

Cecilia Jamasmie | November 9, 2012 | 3:48 pm

UK lets China to buy its nuclear power stations

Nickel miner Talvivaara falls on radioactive leak worries

Shares of nickel producer Talvivaara (LON:TALV) dropped down over 10% on Friday over reports the firm had failed to solve a waste water leak at a nickel and zinc mine in eastern Finland, where nuclear safety officials confirmed to have radioactive uranium levels 50 times higher or more than normal volumes.

Cecilia Jamasmie | November 9, 2012 | 3:12 pm