Cecilia Jamasmie, Author at MINING.COM

Freeport-McMoRan reports 4Q loss on metals, oil slump

Quarterly net loss attributable to common stock was $4.08 billion, or $3.47 per share, compared with a loss of $2.85 billion, or $2.75 per share, last year.

Cecilia Jamasmie | January 26, 2016 | 7:06 am

Vale, BHP iron ore venture in Brazil can't pay creditors

Vale reopens iron port for at least 60 days

The company has now at least 60 days to come up with a plan to address and fix pollution problems tied to its operations Tubarão, one of Vale's most important ports.

Cecilia Jamasmie | January 26, 2016 | 3:42 am

Samsung launches gold smart watch way cheaper than Apple’s

While Apple's costs $17,000, Samsung's is expected to go for about $520.

Cecilia Jamasmie | January 26, 2016 | 1:35 am

Iran goes beyond oil — to sign $5.4bn in mining deals with Italy, France

Iran is opening $29 billion of projects to foreign investors now that sanctions have been lifted.

Cecilia Jamasmie | January 25, 2016 | 11:51 am

Amplats expects jump in H1 earnings as metals prices soar

Anglo American Platinum full-year loss to hit over $850 million

Only last month, the South African miner announced it was postponing all investment in new or replacement capacity until at least 2017

Cecilia Jamasmie | January 25, 2016 | 8:00 am

Stellar Diamonds just found a big rock at its Guinea project

The discovery of the 55-carat diamond confirms the presence of large stones in the area, said the company.

Cecilia Jamasmie | January 25, 2016 | 5:15 am

Eldorado Gold to book up to $1.6 billion charge after halting work in Greece

However, the company said it remains committed to having a presence in Greece and has budgeted $155 million in development spending at the Olympias project.

Cecilia Jamasmie | January 25, 2016 | 3:55 am

Chile losing ground as top copper producer as metal price in the pits

Chile losing ground as top copper producer since metal price in the pits

From 2005 to 2015 Chile's copper output rose a mere 8%, while Peru’s grew 37%, China’s 114%, Zambia’s 72% and Congo’s 956%.

Cecilia Jamasmie | January 22, 2016 | 11:03 am

Vale port shut down likely to affect iron ore market, prices jump

The suspension of activities at Vale's Port of Tubarão, ordered by a Brazilian federal court on Thursday, is likely to cause strong reaction in the global iron ore market.

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