Cecilia Jamasmie, Author at MINING.COM

More than half of mining execs think industry is on its way up

Mining executives see lots of more sunny days in 2013 with 55% of participants in a recent survey saying they believe their sector will perform better than it did in the first half of 2012.

Cecilia Jamasmie | October 15, 2012 | 3:39 pm

Qatar sees Glencore/Xstrata merger positively

Qatar's sovereign investment fund, the second largest shareholder in Xstrata PLC (LON:XTA) with 12% of equity, confirmed Monday it is looking positively at the company's planned merger with Glencore International (LON:GLEN).

Cecilia Jamasmie | October 15, 2012 | 2:18 pm

Potash power plays: Rio Tinto's big blunder

Vale seeks $500 million IADB financing for potash project

Brazilian giant miner Vale (NYSE: VALE) is about to close a $500 million loan agreement with the Inter-American Development Bank (IADB) for its Rio Colorado potash project in Mendoza, Argentina.

Cecilia Jamasmie | October 15, 2012 | 10:52 am

Canada PM casts doubt on Nexen takeover by China

Canadian Prime Minister Stephen Harper gave investors more reasons to speculate about the final outcome of the deal, as he said that China's “very different" political and economic systems are a concern for his government.

Cecilia Jamasmie | October 12, 2012 | 6:28 pm

Australian miners fire locals and import foreigners

While big miners such as BHP (NYSE:BHP), Xstrata (LON:XTA) and Vale (NYSE:VALE) continue to slash jobs across its operations in Australia, some companies are hiring more foreign workers to carry out their resources projects.

Cecilia Jamasmie | October 12, 2012 | 2:10 pm

First Quantum begins production at $2.1bn Sentinel copper mine in Zambia

Vale kicks off copper production at Zambia mine

Brazil's Vale (NYSE:VALE) announced it has started producing copper concentrate at its Lubambe mine in Zambia.

Cecilia Jamasmie | October 12, 2012 | 1:16 pm

Peruvian mining millionaires allegedly trafficking cocaine

U.S. authorities announced yesterday the seizure of more than $31 million supposedly connected to an international money-laundering scheme run by the owners of two gold mines in Peru.

Cecilia Jamasmie | October 11, 2012 | 6:42 pm

Osisko reaches record Q3 gold production

Canadian gold miner Osisko (TSX:OSK)(EWX.F) achieved record third-quarter gold production at 103,753 oz. from its Malartic mine, in Quebec – a quarter-on-quarter increase of 12.77%.

Cecilia Jamasmie | October 11, 2012 | 4:32 pm

$Study: Acid mine drainage can help clean up fracking wastewater$

Pollutants in water near fracking facility in line with EPA findings

New tests of water nearby natural-gas-drilling sites in Pavillion, Wyoming, shows toxins similar to the ones found last year that are linked to hydraulic fracturing —or fracking—, according to the U.S. Environmental Protection Agency (EPA).

Cecilia Jamasmie | October 11, 2012 | 3:19 pm

South African gold miners reject wage offer

Striking gold miners have rejected the industry's latest wage offer, the National Union of Mineworkers (NUM) said on Thursday, confirming mining companies’ fears of labour unrest lasting longer than expected.

Cecilia Jamasmie | October 11, 2012 | 2:04 pm