Cecilia Jamasmie, Author at MINING.COM

Barrick in talks with South African miners to sell stake in Acacia — report

The potential sale of its its 64% interest in Acacia would be part of Barrick's broader strategy of selling non-core assets to reduce debt.

Cecilia Jamasmie | July 26, 2016 | 11:50 am

China gold imports fall in June on higher prices, inventories

Net gold imports dropped 38.5% to 70.886 tonnes in June, down from 115.29 tonnes in May, according to The Hong Kong Census and Statistics Department.

Cecilia Jamasmie | July 26, 2016 | 8:02 am

Caterpillar further cuts profit, sales forecast

CAT said commodity prices remain on the low end and had yet to translate into increased mining activity or higher demand for equipment.

Cecilia Jamasmie | July 26, 2016 | 4:50 am

Anglo reshuffles Kumba Iron Ore management ahead of sale

The company however is still debating whether to sell or spin off its majority stake in Kumba Iron Ore Ltd, Africa's top producer of the commodity.

Cecilia Jamasmie | July 26, 2016 | 3:05 am

Tesla to open its Gigafactory years ahead of schedule

The company now has 1,000 construction workers on two shifts, seven days a week to ready for the launch of its Model 3 early next year.

Cecilia Jamasmie | July 25, 2016 | 11:15 am

China snaps up $4.5bn worth of overseas mining assets in just six months

Most of them have been after existing operations and companies, rather than trying to build mines from scratch.

Cecilia Jamasmie | July 25, 2016 | 9:02 am

Petra Diamonds results beat expectations on strong sales, production

Output rose 16% to 3.7 million carats, which puts Petra on track to hit its long term annual target of 5 million carats in 2018, a year earlier than planned.

Cecilia Jamasmie | July 25, 2016 | 4:45 am

Congo PM to mediate dispute over Tenke copper and cobalt mine

Fresh wave of Chinese firms to go after Congo’s riches — report

Faced with declining domestic production, China's top copper company — Minmetals — said earlier this year that the "only solution” was going overseas, and many are following its steps.

Cecilia Jamasmie | July 22, 2016 | 8:00 am

Rising metal prices help AngloGold Ashanti swing back to profit

The world’s third-biggest gold miner said its net earnings will also benefit from weaker operating currencies in South Africa, Brazil, Australia and Argentina.

Cecilia Jamasmie | July 22, 2016 | 3:54 am