Cecilia Jamasmie, Author at MINING.COM

Caterpillar misses on earnings, slashes outlook

The world's largest equipment maker not only reported lower quarterly profits, but also cut its 2015 earnings forecast and warned its revenue would fall even further next year.

Cecilia Jamasmie | October 22, 2015 | 6:50 am

Freeport logs third-quarter loss after massive oil and gas write-down

The U.S’s largest mining company unveils plans to further slash copper and molybdenum output.

Cecilia Jamasmie | October 22, 2015 | 5:14 am

Teck Resources in the red after $1.7 billion charge

Teck Resources swings to loss after $1.7 billion charge

Earnings, however, beat analysts’ estimates as Canada’s largest diversified miner cut costs to deal with weak commodity prices.

Cecilia Jamasmie | October 22, 2015 | 3:08 am

Greenpeace to keep coal in the ground by buying some of Europe’s largest mines

The environmental group is after Vattenfall's lignite business in eastern Germany, in a bid to scale back the operations put up for sale by the Swedish state-owned energy giant.

Cecilia Jamasmie | October 21, 2015 | 10:11 am

Canada’s Ivanhoe to start copper production at new DRC mine in 2018

The Vancouver-based miner estimates that Kamoa, discovered in 2007, holds the equivalent of at least 45 million tonnes of pure copper.

Cecilia Jamasmie | October 21, 2015 | 5:11 am

Alrosa sells less than half the diamonds mined in Q3

Alrosa sells less than half the diamonds it mined

The rough-diamond miner extracted about 11.6 million carats in Q3, or 20% more than in the same period last year. However, it could only sell 4.9 million carats.

Cecilia Jamasmie | October 21, 2015 | 3:01 am

Japan admits first possible case of cancer linked to Fukushima

The worker who developed leukemia was exposed to less radiation than many, said authorities, which suggests that the number of compensation cases could spike.

Cecilia Jamasmie | October 20, 2015 | 9:56 am

Construction of giant York Potash mine to begin next year

The $3.15 billion project will tap into the world’s largest and highest grade deposit of polyhalite, used as a fertilizer, inside the North York Moors National Park.

Cecilia Jamasmie | October 20, 2015 | 8:08 am

China’s weak demand for diamonds drags sector into slump

Prices for the precious rocks have fallen almost 12% in the past year, amid weakening diamond jewellery demand from China, the second largest consumer after the U.S.

Cecilia Jamasmie | October 20, 2015 | 5:30 am