Cecilia Jamasmie, Author at MINING.COM

Turkey approves Centerra’s Oksut gold environmental assessment

Turkey approves environmental assessment for Centerra’s Oksut project

Construction of the gold mine, located in the south-central Kayseri province, should start in early 2016, followed by production by mid-2017.

Cecilia Jamasmie | November 10, 2015 | 6:12 am

Moody's: Alberta’s emissions program will preserve industrial sector credit quality

Oil sands industry to remain under siege until 2020 on low crude prices

The gloomy outlook comes as the International Energy Agency predicts crude oil won't reach $80 a barrel until at least the end of the decade.

Cecilia Jamasmie | November 10, 2015 | 4:06 am

Gold recovers, but still heading for third-straight year of losses

The last time the yellow metal dropped in value for three consecutive years was between 1996 and 1998, and experts say prices will fall even further.

Cecilia Jamasmie | November 9, 2015 | 10:05 am

China smog at ‘record’ levels as coal burning for heating begins

Local authorities have issued the highest alert, warning residents to stay indoors.

Cecilia Jamasmie | November 9, 2015 | 8:10 am

Brazil tailings dam spill much smaller than original estimates

BHP Billiton hits seven-year low in wake of Brazil disaster

Analysts estimate the accident is likely to keep the the Samarco iron ore mine shut until financial 2019, with clean-up costs exceeding US$1 billion.

Cecilia Jamasmie | November 9, 2015 | 5:25 am

Lonmin sees salvation, launches $407m rights issue at only 1 pence per share

The company has priced its $407 million share sale at a discount of 94% as it fights for survival after a near-collapse in the commodity's price.

Cecilia Jamasmie | November 9, 2015 | 4:17 am

Europe’s biggest zinc producer exploring total exit from mining

World’s biggest zinc producer exploring total exit from mining

Nyrstar is also considering to cut global zinc concentrate supply by up to a further 400,000 tonnes if the slump in commodity prices continues.

Cecilia Jamasmie | November 9, 2015 | 3:09 am

Obama ends seven-year saga: rejects TransCanada’s Keystone XL pipeline

The decision, confirmed this morning, puts an end to a seven-year saga that became one of the biggest environmental flashpoints of Obama's presidency.

Cecilia Jamasmie | November 6, 2015 | 7:37 am

Regulator to weigh on Suncor attempts to take over Canadian Oil Sands

Suncor steeped up its hostile Cdn$4.3bn bid for COS by asking the Alberta Securities Commission to strike down the target’s rights plan to prevent a takeover.

Cecilia Jamasmie | November 6, 2015 | 6:07 am

Gold prices are collapsing on surprisingly strong US jobs data

Blame Fed Chair Janet Yellen, as she said earlier this week that a rate hike in December was a “live possibility” if the economy continued to perform well.

Cecilia Jamasmie | November 6, 2015 | 4:15 am