Cecilia Jamasmie, Author at MINING.COM

Nova Scotia’s proposed overhaul of mining rules met with criticism, demands

While the province says the proposed ruling will cut red tape, environmental groups claim it doesn't do enough to prevent mining on privately protected lands.

Cecilia Jamasmie | April 26, 2016 | 9:15 am

Freeport finally free to focus on copper

Freeport axes oil and gas workforce as it posts sixth straight loss

The company, which is the US biggest miner by market value, is cutting 25% of its workforce to reduce debt.

Cecilia Jamasmie | April 26, 2016 | 8:00 am

Teck Resources posts better-than-expected profit as costs drop

Canada’s largest diversified miner logged a 38% increased in overall profit for the first quarter of the year.

Cecilia Jamasmie | April 26, 2016 | 6:38 am

Argentina mining exports to drop by 25% in 2020

Barrick Gold swings to quarterly loss, but trims debt further

The world's largest gold producer, reported a quarterly loss, compared with a year-earlier profit, as asset sales impacted production and realized gold prices fell.

Cecilia Jamasmie | April 26, 2016 | 4:40 am

Eldorado to sell Chinese gold mine for $300 million

Eldorado Gold to sell Chinese mine for $300 million

Jinfeng produced 149,655 ounces of gold in 2015 and is expected to generate 95,000-105,000 ounces of gold this year.

Cecilia Jamasmie | April 26, 2016 | 2:42 am

Barrick’s fourth CFO in five years may be what shareholders were waiting for

Most shareholders hope that Catherine Raw persuades management to stop prizing output over profitability and, instead, place more emphasis on investors’ returns.

Cecilia Jamasmie | April 25, 2016 | 9:15 am

Czech coal miner NWR on the verge of collapse as rescue talks freeze

NWR warned that unless the government and creditors agree on the firm's restructuring by Friday, it would have to consider filing for insolvency of OKD.

Cecilia Jamasmie | April 25, 2016 | 5:48 am

Power cuts weigh on Randgold’s Ivory Coast mine output

Energy supply issues also hurt equipment at the miner's Tongon gold operation in the first three months of this year.

Cecilia Jamasmie | April 25, 2016 | 3:47 am

Metso keeps suffering from global mining slump

The Finland-base supplier posted a lower-than-expected quarterly profit and new orders, as miners are not spending much on grinding mills and crushers.

Cecilia Jamasmie | April 22, 2016 | 8:33 am

Elite diamond-buying club shrinks as De Beers culls old clients

De Beers moving out of historic London HQ

The famous De Beers office at Charterhouse St., adjacent to the Hatton Garden diamond district, is one of the assets Anglo is considering to sell to cut its debt burden.

Cecilia Jamasmie | April 22, 2016 | 6:30 am