Cecilia Jamasmie, Author at MINING.COM

CITIC Metal Ok’d to complete C$612m investment in Ivanhoe Mines

CITIC ok’d to complete C$612m investment in Ivanhoe Mines

The Chinese miner has received the necessary internal approvals for its subsidiary CITIC Metal Africa to complete its second investment in Ivanhoe Mines.

Cecilia Jamasmie | June 25, 2019 | 10:10 am

Kirkland Lake buying Detour Gold in stock deal worth $3.7-billion

Kirkland Lake jumps on the gold deal-making wagon with online assessment tool

Miner has launched the KL Gold Deal Room, an online tool to help attract, assess and refine investment opportunities.

Cecilia Jamasmie | June 25, 2019 | 9:15 am

Endeavour buys rival Semafo, creates one of West Africa’s top gold miners

Endeavour Mining ups reserves at flagship Houndé mine in Burkina Faso by 41%

A large portion of the Kari Pump maiden estimate for measured and indicated resource was converted to reserves.

Cecilia Jamasmie | June 25, 2019 | 6:55 am

Norway’s $1 trillion fund resumes investing in miners, oil and Walmart

It will invest again in miners Rio Tinto and Nutrien, as well as in retailer Walmart after their exclusions from the fund's investments on ethical grounds were revoked.

Cecilia Jamasmie | June 25, 2019 | 4:03 am

Tenke Fungurume copper and cobalt mine, in Congo.

Falling cobalt prices add fresh challenges to DRC’s economy

GDP growth in the DRC is expected to fall to 4.3% this year from 5.8% in 2018, due to a slowdown in mining activity triggered mainly by lower cobalt prices.

Cecilia Jamasmie | June 24, 2019 | 11:23 am

Tanzania gives Acacia to March 30 to stop water pollution at Mara or face shutdown

Acacia pokes holes in Barrick’s takeover bid, still open to “fair” offer

The African miner said it "strongly disagreed" with Barrick's valuation of the company and that the proposal appears to have ignored the value of its exploration and development assets.

Cecilia Jamasmie | June 24, 2019 | 10:19 am