Cecilia Jamasmie, Author at MINING.COM

Barrick braces for up to $3 billion in writedowns

The asset writedown is primarily related to two Latin American assets — Pascua Lama project, on the border of Chile and Argentina and Pueblo Viejo, in Dominican Republic.

Cecilia Jamasmie | January 22, 2016 | 2:08 am

China shutting another 4,300 coal mines

Beijing will invest $4.6 billion over the next three years to close small and inefficient coal mines across the country.

Cecilia Jamasmie | January 21, 2016 | 7:58 am

Aussie mining tycoon Palmer promises ‘truth’ on massive job cuts at his nickel refinery

He said he would open up after a creditors meeting next week in Townsville, where his his Queensland Nickel company is based.

Cecilia Jamasmie | January 21, 2016 | 4:30 am

Samarco top executives take leave two months after Brazil dam burst

CEO Ricardo Vescovi and operations chief Kleber Terra were among those accused of environmental crimes by Brazil’s Federal Police earlier this month.

Cecilia Jamasmie | January 21, 2016 | 3:12 am

Greek court annuls Govt. decision to revoke Eldorado Gold licence

The ruling comes only a few days after the Canadian miner decided to halt work at its mine in northern Greece, putting 600 jobs in the line.

Cecilia Jamasmie | January 20, 2016 | 10:00 am

De Beers lowers diamond prices to boost sales

In a fresh attempt to counter weakening demand, the diamond giant is said to have cut prices by as much as 7% at the Jan. 18 sale.

Cecilia Jamasmie | January 20, 2016 | 9:11 am

Gold recovers some shine as global markets collapse

Gold has become this year the best-performing non-agricultural commodity.

Cecilia Jamasmie | January 20, 2016 | 7:55 am

Canada Revenue Agency goes after Silver Wheaton again

Last year, the CRA slapped the company with a fine and ordered the miner to pay more than $200 million in back taxes, but the firm objected the decision.

Cecilia Jamasmie | January 20, 2016 | 5:10 am

Oil, Asian stocks rout deepens miners wounds

Oil, Asian stocks rout deepen miners wounds

Miners suffering fresh sell-off as oil price falls and the IMF lowers growth forecast for China, rattling investors.

Cecilia Jamasmie | January 20, 2016 | 4:06 am

Apple, Sony, Samsung linked to child labour claims in cobalt mines

Consumer products sold across the globe could contain traces of the metal produced by informal Congolese mines, who employ children as young as seven, says Amnesty International.

Cecilia Jamasmie | January 19, 2016 | 7:30 am