Cecilia Jamasmie , Editor-in-Chief

Key report for Newmont’s $4.8 billion Conga gold project now expected tomorrow

Peru’s long-running Conga mine dispute is about to reach a turning point as international consultants appointed by the government in February are expected to deliver their report on the viability of proposed water for Newmont Mining (NYSE:NEM) and Buenaventura’s US$4.8 billion copper-gold project tomorrow.

Cecilia Jamasmie | April 16, 2012 | 7:02 pm

Unheard of mineral discovered in a cave in Spain

A team of researchers from the Geological Survey of Spain and the Complutense de Madrid University has discovered a new mineral, the zaccagnaita-3R, in a cave known as “The Soplao,” located in the historical northern region of Cantabria.

Cecilia Jamasmie | April 16, 2012 | 6:33 pm

U.S. Defense Department undervaluing importance of rare earths for national security: report

The U.S. Defense Department needs to realize the dangerous consequences a potential lack of domestic rare earths may have on the U.S. weapon industry, suggests a latest study by the Congress released last week.

Cecilia Jamasmie | April 16, 2012 | 4:10 pm

Anglo American and Xstrata among four companies accused of environmental violations in Australia

Anglo American (LON:AAL) and Xstrata (LON:XTA) coal mines are among the four operations being investigated over probable environmental violations, after they were accused of discharging contaminated water into the Fitzroy River, located in the North East state of Queensland, Australia.

Cecilia Jamasmie | April 16, 2012 | 2:44 pm

Gem Diamonds expects prices to keep rising

Rough diamond prices were expected to continue climbing “across the market” this year, London-listed Gem Diamonds said on Monday.

Cecilia Jamasmie | April 16, 2012 | 1:30 pm

Anglo American faces new obstructions to Minas Rio

Anglo American has halted preliminary work for installation of a power line at its Minas Rio iron ore project in Brazil, following a judge's decision to suspend the installation license for the line.

Cecilia Jamasmie | April 16, 2012 | 1:05 pm

Kinder Morgan goes ahead with its $5 billion pipeline expansion to Vancouver

Kinder Morgan (NYSE: KMP) is going ahead with its planned $5 billion expansion of the Trans Mountain pipeline in Canada, which brings crude oil from the Alberta oil sands to Vancouver’s port.

Cecilia Jamasmie | April 13, 2012 | 4:48 pm

NovaGold profit tumbles to $16.8 million but on track with sale of Galore Creek stake

Canadian NovaGold Resources Inc. (TSX:NG) said its net income fell to $16.8 million in the first quarter pushed by the elimination of foreign exchange gains because of a new arrangement with warrant holders.

Cecilia Jamasmie | April 13, 2012 | 3:34 pm

Doe Run Peru to be liquidated after rejected restructuring of La Oroya smelter

Metals producer Doe Run Peru’s creditors rejected a restructuring plan the company presented with a view to restarting operations at the La Oroya smelter, said in a statement the Energy and Mines Ministry, Jorge Merino Tafur.

Cecilia Jamasmie | April 13, 2012 | 1:35 pm

Melting Arctic is nothing but good news for the mining industry: Lloyd’s/Chatham House

The melting ice cap in the Arctic sea could open up access to immense mineral reserves, attracting billions of dollars in investment, but also bringing with it unique risks and challenges, says Lloyd’s/Chatham House latest Risk Insight report.

Cecilia Jamasmie | April 13, 2012 | 12:36 pm

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