Cecilia Jamasmie, Author at MINING.COM

Harmony Gold says Moab Khotsong mine purchase to boost cash flows

The $300 million deal, which incorporates the Great Noligwa underground mine and related infrastructure, is expected to boost Harmony's operational cash flow by 60%.

Cecilia Jamasmie | December 7, 2017 | 6:29 am

AngloGold gets going on $36 million expansion of Western Australia mine

Strategy adds 2.1 million ounces to Tropicana's business plan and extends the mine life by seven years to 2027.

Cecilia Jamasmie | December 7, 2017 | 3:22 am

Copper price falls after Chinese economic growth hits 28-year low

This new model tracks copper use from cradle to grave…to reincarnation

Research also charts rapid growth of China’s copper use.

Cecilia Jamasmie | December 6, 2017 | 7:44 am

Newmont rises output target for 2018, lowers expected costs

Newmont raises output target for 2018, lowers expected costs

The world’s No.2 gold miner is also planning to boost dividend by at least 50% next year, based on balance sheet improvements and the performance of its gold mines.

Cecilia Jamasmie | December 6, 2017 | 5:08 am

De Beers reshuffles executive committee

Chief executive Bruce Cleaver said the changes were necessary to sustain De Beers' success as a business.

Cecilia Jamasmie | December 6, 2017 | 3:02 am

Diamond Fields to resume mining off Namibian coast next year

The country’s Ministry of Mines and Energy has renewed the Canadian miner's licence for ten years.

Cecilia Jamasmie | December 5, 2017 | 9:32 am

Glencore, Canadian teachers launch mining royalty firm

BaseCore Metals will be independently operated and have its own board of directors.

Cecilia Jamasmie | December 5, 2017 | 7:58 am

Sierra Leone ‘Peace Diamond’ sold for less-than-expected

The egg-sized, 709-carat rough yellowish diamond was sold for $6.5 million to luxury jeweller Laurence Graff, chairman of Graff Diamonds.

Cecilia Jamasmie | December 5, 2017 | 6:01 am

Freeport Indonesia targets 2023 copper ore output at 1.6bn pounds - CEO

Indonesia to grab Rio Tinto stake in Grasberg mine

After pumping billions into the Indonesian mine for almost 25 years, Rio might be able to see a decent return as the country’s government plans to acquire the miner’s 40% stake in the coveted operation.

Cecilia Jamasmie | December 5, 2017 | 3:48 am