Cecilia Jamasmie , Editor-in-Chief

Lundin Mining foresees a rise in zinc and copper production in 2013 and 2014

Lundin Mining (TSE:LUN) said Monday that higher grades of ore and a ramp up of production is expected to boost zinc and copper production in 2013 and 2014.

Cecilia Jamasmie | December 12, 2011 | 5:08 pm

Fracking can cause water pollution: EPA

Environmentalists and academics alike welcomed the latest report by the U.S. Environmental Protection Agency (EPA), which confirms a link between hydraulic fracturing for natural gas —or fracking— to groundwater contamination.

Cecilia Jamasmie | December 12, 2011 | 4:15 pm

New mining minister appointed in Peru amid deepening crisis

Jorge Humberto Merino, an engineer who worked for the Peruvian government agency that promotes foreign investment, swore in last night as the new mines and energy minister, amid a mining crisis that has had the country under state of emergency since Dec. 4.

Cecilia Jamasmie | December 12, 2011 | 2:44 pm

Extract Resources calls shareholders to “take no action” regarding Chinese takeover bid

Australia's Extract Resources Ltd., owner of the world’s fourth-largest uranium deposit, advised shareholders to take no action regarding the $2.2 billion takeover bid from Chinese nuclear fuels supplier Guangdong Nuclear Power Corp (CGNPC).

Cecilia Jamasmie | December 9, 2011 | 6:39 pm

China bets on Bolivian lithium

Chinese state company CITIC Guoan Group Corp. will commence exploration of the Bolivian salt flats to determine and quantify reserves of lithium and potassium, under the an agreement signed by the parties in August, reports America Economia magazine.

Cecilia Jamasmie | December 9, 2011 | 4:16 pm

Codelco to invest US$ 244 million in Quetena copper deposit

Codelco, the world's largest copper producer, will invest US$ 244 million to speed up the development of its Quetena copper deposit in northern Chile, an open pit operation that will produce 62,000 tons of fine copper per year.

Cecilia Jamasmie | December 8, 2011 | 4:26 pm

Jaguar shares suffering after CEO’s abrupt departure

Brazilian gold miner Jaguar (NYSE:JAG), which last month became the subject of takeover rumours, fell more than 10% on Wednesday, after the sudden resignation of its CEO and president Daniel Titcomb.

Cecilia Jamasmie | December 8, 2011 | 2:09 pm

Chilean Justice gives Mitsubishi three days to answer Codelco’s demands

A Chilean civil court told Japanese Mitsubishi today that it has three working days to respond to the lawsuit filed by Codelco in the context of the conflict with Anglo American. Codelco's legal action seeks to annul the $5.39 billion deal between Anglo and Mitsubishi, after the Japanese company sold its 24.5 percent stake in Anglo American Plc’s Sur unit.

Cecilia Jamasmie | December 7, 2011 | 5:19 pm

Billions of tonnes of diamonds in the galaxy suspected

Giant terrestrial planets also know as “Carbon super-Earths” that contain up to 50 per cent diamond may possibly be in the Earth's galaxy, a new study suggests. But if they exist, those planets are unlikely to have any sort of life and incapable of supporting it.

Cecilia Jamasmie | December 7, 2011 | 2:43 pm

Gold still one of the best portfolio diversifiers

Gold is still the king of commodities when it comes its role as a diversifier and foundation asset in the portfolios of euro-based investors, says the new report "Gold as a strategic asset for European investors," commissioned by The World Gold Council (WGC).

Cecilia Jamasmie | December 6, 2011 | 4:05 pm

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