Cecilia Jamasmie, Author at MINING.COM

S.Africa's Kumba pins hopes on China's infrastructure stimulus

Anglo’s Kumba Iron Ore just got a lot more attractive to potential buyers

The company, Africa's largest iron ore producer, expects profits to more than double this year on the back of higher iron ore prices and a weak rand.

Cecilia Jamasmie | January 26, 2017 | 3:55 am

US withdrawal from TTP likely to severely impact steel sector — Wood Mackenzie

US withdrawal from TPP to impact steel sector — Wood Mackenzie

Steel the US has traditionally exported to TPP countries is high in value–added, which is exactly the kind of product that helps keeping the high-cost local steelmaking business afloat, analysts warn.

Cecilia Jamasmie | January 25, 2017 | 7:05 am

Barrick’s gold output fell almost 10 percent in 2016

But lower all-in sustaining costs mitigated the impact of decreased production, preliminary full-year figures show.

Cecilia Jamasmie | January 25, 2017 | 4:50 am

Fresnillo logs record gold and silver output for 2016

This year, the miner expects to produce 58 million ounces to 61 million ounces of silver and between 870,000 ounces and 900,000 ounces of gold.

Cecilia Jamasmie | January 25, 2017 | 3:43 am

Trump expected to greenlight Keystone XL and Dakota Access pipelines in day two

Trump greenlights Keystone XL and Dakota Access pipelines

The US President has signed two separate orders that advance the construction of TransCanada’s Keystone XL and Energy Transfer Partners LP’s Dakota Access oil pipelines.

Cecilia Jamasmie | January 24, 2017 | 7:58 am

Canadian junior Pistol Bay stock just went ballistic and here’s why

Shares were up more than 45% on Tuesday mid-morning after it announced that joint venture partner Rio Tinto will start drilling for uranium at the company's asset in Saskatchewan.

Cecilia Jamasmie | January 24, 2017 | 7:15 am

De Beers has just sold largest amount of rough diamonds in a year

The world's top diamond producer sold $720 million of rough gems at its January offering as retailers restocked after the holidays.

Cecilia Jamasmie | January 24, 2017 | 4:55 am

Rio Tinto exits state mining lobby amid climate rift

China’s Yancoal grabs Rio Tinto’s coal mines in $2.45bn deal

The world’s second-largest miner has agreed to sell its Coal & Allied Industries Ltd. subsidiary to Yancoal Australia Ltd., controlled by China's Yanzhou Coal Mining.

Cecilia Jamasmie | January 24, 2017 | 3:07 am

Endeavour Mining reports record gold output in 2016, shares climb

The company, which earlier this month revealed is in merger talks with African gold producer Acacia Mining, expects to produce between 600,000 and 640,000 ounces of the precious metal this year.

Cecilia Jamasmie | January 23, 2017 | 8:23 am