Cecilia Jamasmie, Author at MINING.COM

Centerra Gold’s offices in Kyrgyzstan victim of political turmoil

Fate of Centerra mine not sealed as Kyrgyz-owned company yet to see takeover bid

Kyrgyzaltyn has yet to see an offer by Chaarat Gold Holdings to acquire Kumtor mine, which is the Central Asian nation’s largest gold operation.

Cecilia Jamasmie | April 25, 2018 | 8:59 am

Pangolin finds first diamond at Jwaneng project in Botswana

Project is located about 100 km south of Jwaneng, the world’s richest diamond mine.

Cecilia Jamasmie | April 25, 2018 | 5:24 am

One union Centinela reaches deal, another still talking

Lower copper grades take toll on Antofagasta first quarter output

Copper production fell to 153,800 tonnes from 171,900 tonnes, due mostly to lower grades at the company's Centinela and Los Pelambres mines.

Cecilia Jamasmie | April 25, 2018 | 3:45 am

Caterpillar earnings top estimates as price gains offset supply costs

Caterpillar results prove global economy in good shape

The machinery manufacturer logged earnings of $2.82 per share on revenue of $12.9 billion, surpassing expectations.

Cecilia Jamasmie | April 24, 2018 | 9:40 am

Centerra rejects unsolicited offer for its Kumtor gold mine in Kyrgyzstan

Centerra and Kyrgyzstan have had a series of disputes over sharing profits from Kumtor, and London-listed Chaarat was offering the nation to increase its stake in the project’s cash flow in the three-way deal.

Cecilia Jamasmie | April 24, 2018 | 5:00 am

Anglo delays Minas Rio restart until year-end, losing about $400 million

Anglo delays Minas Rio restart until year-end, will lose about $400 million

The announcement is the last of a string of difficulties Anglo has faced with the iron ore mine, which was expected to produce 16 million tonnes this year, but that will now generate just 3 million tonnes.

Cecilia Jamasmie | April 24, 2018 | 2:45 am

Randgold expects Kibali gold output to rise thanks to automation

Company said new technology will help the DRC mine achieve its 2018 production guidance of 730,000 ounces, despite challenges posed by the country's new mining code.

Cecilia Jamasmie | April 23, 2018 | 10:27 am

Gemfields resumes Mozambique operations after nearby attack

Gemfields talks up ‘responsibility’ amid lawsuit over alleged human rights abuses

The UK miner, which is the world's top coloured gems producer, is also adopting a new technology to further drive transparency in the sector.

Cecilia Jamasmie | April 23, 2018 | 9:53 am

Petra Diamonds rallies on revenue growth, record output

Revenue for the quarter ended March 31 climbed 44% to $172 million, while production jumped 20% to a record quarterly volume of 1,194,947 carats.

Cecilia Jamasmie | April 23, 2018 | 7:54 am

DRC miners hopeful new code issues can be resolved

They said they expected authorities to realize the sliding scale they propose would be a more effective mechanism for the government to share in higher commodity prices than the windfall tax and strategic minerals scheme included in the new code.

Cecilia Jamasmie | April 23, 2018 | 5:45 am