Cecilia Jamasmie, Author at MINING.COM

Blackwater founder launches fund to invest in electric car battery metals

The founder of the US private security company aims to raise as much as $500 million to invest in deposits of metals such as cobalt, lithium and copper.

Cecilia Jamasmie | January 2, 2019 | 5:19 am

China’s Zijin to sell $1.2B worth of shares to fund Nevsun takeover

China’s Zijin plans selling $1.2B worth of shares to fund Nevsun takeover

China’s No.1 gold miner aims to sell up to 3.4 billion A shares to investors, a plan which is subject to shareholder and regulatory approval.

Cecilia Jamasmie | January 2, 2019 | 3:25 am

Lucapa Diamond locks in Mothae mine funding

The Australian diamond miner has secured 100 million rand (about $7m) in development funding for the Lesotho mine from South Africa’s Industrial Development Corporation (IDC).

Cecilia Jamasmie | December 21, 2018 | 9:20 am

Eight months and billions later, Anglo American restarts Minas Rio

Eight months and millions later, Anglo American restarts Minas Rio mine

The massive iron ore mine was expected to produce 16 million tonnes this year, but that will now generate just 3 million tonnes of the steelmaking material.

Cecilia Jamasmie | December 21, 2018 | 7:05 am

Zambia royalty spat halts $2 billion of copper mine projects

First Quantum Minerals to let 2,500 workers in Zambia go over tax hikes

The Canadian miner said the job cuts will be implemented in phases during the first quarter of 2019, adding they’ll be equally split between its Kansanshi and Sentinel mines.

Cecilia Jamasmie | December 21, 2018 | 4:09 am

Zambia tax authority clears Gemfields’ Kagem mine of tax evasion

There were no findings of wrongdoing or late payment, the Zambia Revenue Authority (ZRA) said.

Cecilia Jamasmie | December 20, 2018 | 9:28 am

Australia's top gold miner boosts bets on Ecuador copper project

Australia’s top gold miner boosts bet on Ecuador copper project

Newcrest Mining has upped its holdings in Ecuador-focused explorer SolGold to 15.33% from 13.83%, nudging further ahead of the company's second biggest shareholder BHP.

Cecilia Jamasmie | December 20, 2018 | 7:16 am

Regis Resources buy $688m stake in Anglogold's Tropicana mine

AngloGold Ashanti’s Tropicana gold mine can go underground — study

A prefeasibility study into the development of a mine beneath the Boston Shaker pits confirmed the technical and financial viability of an underground mine at AngloGold Ashanti and Independence Group's Tropicana operation.

Cecilia Jamasmie | December 20, 2018 | 7:08 am

Australia's lithium miners bank on brighter times ahead as prices soar

Orocobre shares crushed on weak lithium prices, outlook

Low pricing achieved recently has been affected partly by soft market conditions in China, the Brisbane-based lithium miner said.

Cecilia Jamasmie | December 20, 2018 | 3:10 am

Gem Diamonds mining lease for Letšeng renewed for 10 years

Gem Diamonds finds record 14 stones over 100 carats in 2018

Miner is ending 2018 on a high note after finding another two large diamonds from its Letšeng mine in Lesotho, the world’s highest dollar per carat diamond operation.

Cecilia Jamasmie | December 19, 2018 | 10:16 am