Cecilia Jamasmie , Editor-in-Chief

Rio Tinto exits PNG, gives away copper-gold mine with $51bn in reserves

Decision follows a company review of the asset that was triggered by the Bouganville government’s pressure to restart mining at Panguna or give it up.

Cecilia Jamasmie | July 1, 2016 | 12:10 am

Newmont selling Indonesian unit for $1.3 billion

With the sale, Newmont is offloading its Batu Hijau mine, Indonesia’s the second-biggest copper and gold operation.

Cecilia Jamasmie | June 30, 2016 | 3:48 am

Despite the hype world’s second-largest diamond ever found fails to sell

Canada's Lucara Diamond, the company that found the massive gem, said it will keep it as bids fell short of the minimum reserve price.

Cecilia Jamasmie | June 29, 2016 | 12:15 pm

Kinross eyes expansions at its new gold mines in Nevada

Kinross, which operates two mines in Russia and also owns the problem-plagued Tasiast operation in Mauritania, seeks to strengthen its portfolio in North America.

Cecilia Jamasmie | June 29, 2016 | 8:59 am

Latin America the world’s most dangerous place for environmental activists

More environmentalists were murdered in Latin America in 2015 than anywhere else in the world, with anti-mining causes claiming the most lives, a report by Global Witness shows.

Cecilia Jamasmie | June 29, 2016 | 6:00 am

Gold builds on gains, heads for best first-half in more than 40 years

Analysts believe there is a strong probability gold will move above $1,340 towards resistance near $1,580 an ounce.

Cecilia Jamasmie | June 29, 2016 | 3:22 am

World’s largest diamond found in 100 years goes under the hammer

CEO of Lucara Diamond, the company that found it, is urging the potential buyer to leave it untouched.

Cecilia Jamasmie | June 28, 2016 | 9:05 am

These five coal miners spent $95 million on lobbying before going bankrupt

Report claims that Walter Energy, Patriot Coal, Alpha Natural Resources, Arch Coal and Peabody Energy also allocated more than half a billion dollars for top executives salaries in decade before going bankrupt.

Cecilia Jamasmie | June 28, 2016 | 6:52 am

Copper is soaring, hits 7-week high

Thanks in part to a weak US dollar and the chance of monetary policy easing in China, responsible for nearly half of global metals demand.

Cecilia Jamasmie | June 28, 2016 | 4:39 am

Canada oil sands output to grow 1 million barrels daily by 2025

The 42%-growth to 3.4 million barrels per day by 2025 will come from the expansion of existing facilities rather than new projects, IHS says.

Cecilia Jamasmie | June 27, 2016 | 10:55 am

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