Cecilia Jamasmie , Editor-in-Chief

Australian mining community outraged by government’s decision to grant first ever right to hire foreign workers

Australia’s decision to grant first ever right to hire foreign workers at the Roy Hill project in the Pilbara on Friday has sparked heated critics by local unions and the mining community.

Cecilia Jamasmie | May 28, 2012 | 1:16 pm

Aussie travel company and main airlines cash in on mining boom

Hoping to cash on the booming mining industry in Australia and the need for foreign workers, Corporate Travel Management (CTM) has announced a step into Australia’s growing mining industry with its new brand offering, Resource Travel Management (RTM).

Cecilia Jamasmie | May 25, 2012 | 7:31 pm

Foreign workers to relieve labour shortage in Australia’s mining industry

Australia’s government announced Friday it will allow a new mine to hire about 1,700 foreign workers to alleviate a labour shortage threatening the resources boom.

Cecilia Jamasmie | May 25, 2012 | 4:13 pm

Rio Tinto confirms strong potential for diamond jewellery demand in China

An increasing demand for diamond jewellery coming from China could help precious stone producers to boost sales in the following months, hinted diversified miner Rio Tinto (LON:RIO) in a release summarizing key insights from a market research.

Cecilia Jamasmie | May 25, 2012 | 10:58 am

Chief of Codelco quits amid legal battle with Anglo

In what it seems to be the first casualty of the heated conflict between diversified miner Anglo American (LON:ALL) and its Chilean adversary Codelco, the world’s largest copper producer announced its CEO Diego Hernandez resigned late Thursday.

Cecilia Jamasmie | May 25, 2012 | 9:35 am

Impala Platinum faces potential halt to Zimplats operations due to differences with Zimbabwe’s government

Zimbabwe's central bank threatened to freeze Impala Platinum's local account and ordered local banks to halt managing any of the company’s exports because it has “failed to comply with an order to bank locally,” state-controlled newspaper The Herald reports.

Cecilia Jamasmie | May 25, 2012 | 6:54 am

Rio’s Zimbabwe spin-off to acquire Murowa diamond mine

Zimbabwean miner RioZim Limited is negotiating with global giant Rio Tinto in an attempt to acquire the now jointly own Murowa diamond mine in the in south central region of the country.

Cecilia Jamasmie | May 24, 2012 | 6:05 pm

Xstrata weighs political risk in Argentina before deciding on its $5.5 billion copper projects

Xstrata Plc (LON:XTA), the fourth largest copper producer in the world, said it is analyzing political risks in Argentina, where the company has two major copper projects on the go with an estimated investment of $5.5 billion.

Cecilia Jamasmie | May 24, 2012 | 2:40 pm

Guatemala’s Escobal Mine to become one of the top silver projects in the world: report

With a total investment of $406 million, Canadian based mining exploration company Tahoe Resources (NYSE:TAHO), through its subsidiary Minera San Rafael SA, could become one of the largest silver producers in the world thanks to its El Escobal project in southeastern Guatemala, approximately 70 kilometres from Guatemala City.

Cecilia Jamasmie | May 24, 2012 | 10:40 am

Newmont applies substantial cuts to investment in controversial $4.8 billion Conga project in Peru

World number two gold producer, Newmont Mining Corp. (NYSE:NEM), will spend $440 million on the controversial Conga mine project in Peru over the next 18 months, about two-thirds less than the $1.5 billion initially budgeted.

Cecilia Jamasmie | May 24, 2012 | 7:39 am

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