Cecilia Jamasmie, Author at MINING.COM

Enbridge back in the black as oil shipments rise

Canada’s largest pipeline company's first-quarter profit rose as record volumes carried on its main pipeline system helped shield it from a sustained drop in oil prices.

Cecilia Jamasmie | May 12, 2016 | 3:11 am

Intrepid Potash idles US mine, lays off hundreds

The Denver-based potash miner is placing its West facility in New Mexico in "care and maintenance” beginning July.

Cecilia Jamasmie | May 11, 2016 | 9:55 am

Japan risks wasting US$56bn in new coal-fired power stations — report

According to the University of Oxford’s Smith School of Enterprise and the Environment, Japan’s plants are set to become stranded assets as a result of overcapacity and cheaper power sources, such as renewables.

Cecilia Jamasmie | May 11, 2016 | 8:00 am

Gold bounces back on weak dollar, Goldman’s brighter forecast

The bank increased its three, six and 12-month forecasts to $1,200, $1,180, and $1,150 an ounce from $1,100, $1,050 and $1,000 respectively.

Cecilia Jamasmie | May 11, 2016 | 5:15 am

Zijin Mining reports 175% jump in first half profit

Global gold output to remain weak despite price recovery

BMI Research analysts also believe gold prices bottomed in 2015 and expect the metal to edge higher over the coming quarters.

Cecilia Jamasmie | May 11, 2016 | 2:45 am

BHP resumes expansion plans, says not waiting for prices to recover

Strategic shift comes as the world's biggest miner tries to regain investors' confidence.

Cecilia Jamasmie | May 10, 2016 | 5:00 am

Heart of Canada’s oil sands industry saved from fire’s worst

Companies and authorities now discussing plans to resume production.

Cecilia Jamasmie | May 10, 2016 | 3:32 am

Lucara’s massive Constellation diamond sells for record $63 million

Lucara’s Constellation diamond sells for record $63 million

The record sale is likely to ramp up speculation about how much a second Lucara diamond — the "Lesedi la Rona" — will fetch at auction next month.

Cecilia Jamasmie | May 9, 2016 | 10:45 am

Production at giant Arctic diamond mine just weeks away

Gahcho Kué, the world's largest new diamond mine under development, is now 94% complete with first production planned for the second half of this year.

Cecilia Jamasmie | May 9, 2016 | 7:25 am