Cecilia Jamasmie, Author at MINING.COM

Glencore’s profit soars on commodities rebound

A surge in commodity prices combined with its multibillion-dollar asset fire-sale has put the company in a position to pay big dividends and explore acquisitions.

Cecilia Jamasmie | February 23, 2017 | 3:07 am

BHP has lost 41,000 tonnes of copper due to strike at Escondida

The company is reviewing its copper output guidance for 2017 as industrial action at its largest copper mine enters its third week Thursday.

Cecilia Jamasmie | February 22, 2017 | 9:18 am

Caterpillar touts automation solutions as top miners swing back to profit

The world's No.1 heavy machinery maker is telling miners not to rest on their laurels now that the industry is finally coming back up from a brutal downturn and keep focused on maximizing returns and efficiency.

Cecilia Jamasmie | February 22, 2017 | 9:00 am

Iron ore sharp recovery helps Fortescue nearly quadruple first-half profit

Iron ore sharp recovery helps Fortescue nearly quadruple profit

The world's fourth largest miner of the steelmaking ingredient said it also benefitted from declining costs.

Cecilia Jamasmie | February 22, 2017 | 5:50 am

Anglo American not selling assets any more as it returns to profit

The world's number five diversified miner posted its first annual net profit in five years.

Cecilia Jamasmie | February 22, 2017 | 3:10 am

World’s biggest miner hasn’t given up hope for potash

BHP Billiton still sees potash as a key commodity in which to base its future growth despite prices for the fertilizer remain weak.

Cecilia Jamasmie | February 21, 2017 | 8:58 am

Colombian court lets Zonte Metal sue authorities over gold permit rejection

The Canadian junior explorer argues its exploration application was not processed in accordance with the country’s mining code.

Cecilia Jamasmie | February 21, 2017 | 5:25 am

BHP Billiton back into the black and paying higher-than-expected dividend

BHP Billiton back into the black, pays higher-than-expected dividend

Net profit was $3.2bn for the six months to December 31, compared with a loss of $5.7bn in the same period a year earlier.

Cecilia Jamasmie | February 21, 2017 | 3:10 am

Renewables overtaking coal-fired power generation for first time

Enbridge buys stake in one of Europe’s largest wind parks for $1.7bn

The Hohe See wind park, to be located in the North Sea, has a planned capacity of about 500 megawatts.

Cecilia Jamasmie | February 17, 2017 | 5:03 am

Northern Dynasty slams short-seller report as class-suit over possible securities violations looms

Northern Dynasty slams short-seller report as class-suit looms

Rebuttal comes as shareholders launched an investigation over possible false and misleading statements made by the miner about its Pebble copper-gold project in Alaska.

Cecilia Jamasmie | February 17, 2017 | 3:21 am