Cecilia Jamasmie, Author at MINING.COM

Duke Energy, U.S. Gov’t end 15-year-old Clean Air Act litigation

The company still denies the alleged violations, but has agreed to settle the case solely to avoid the costs and uncertainties of continued litigation, it said.

Cecilia Jamasmie | September 10, 2015 | 9:30 am

Nazi ‘gold train’ treasure hunters show alleged picture of found wagons

The Polish military has urged caution in the search for the missing train, especially after a 39-year-old treasure seeker died yesterday when falling into a pit while looking for it.

Cecilia Jamasmie | September 10, 2015 | 6:55 am

Gemfields expands outside Africa, targets Latin America emerald assets

The London-listed precious stones miner plans to buy two emerald projects in Colombia.

Cecilia Jamasmie | September 10, 2015 | 5:04 am

Mineral IRL reopens Peru gold mine after reaching deal with locals

Latin America-focused precious metals miner extended a social contract with locals until 2018.

Cecilia Jamasmie | September 10, 2015 | 4:00 am

Half of South Africa’s gold mines operating at loss — report

Experts believe the troubles affecting gold producers in South Africa go way deeper than a slump in prices for the metal or the usual cycles the mining industry experiences.

Cecilia Jamasmie | September 9, 2015 | 7:15 am

Canada’s Capstone puts Chile copper project in back burner

The Vancouver-based miner blamed low commodity prices for the measure.

Cecilia Jamasmie | September 9, 2015 | 5:38 am

Anglo sells platinum mines in S. Africa to Sibanye for $330m

The deal involves an upfront payment of 1.5 billion rand, with a minimum deferred payment of 3 billion rand, equal to 35% of cash flow generated by the operation.

Cecilia Jamasmie | September 9, 2015 | 2:09 am

Done deal? Amplats said to have sold platinum mines to Sibanye for $100M

The companies are expected to make an official announcement on Wednesday.

Cecilia Jamasmie | September 8, 2015 | 9:30 am

Lucara Diamond to host second stone tender in November

Since the recovery of the first large diamond from the Karowe mine in 2013, Lucara has found 216 gems, which it has sold for more than $250,000 each.

Cecilia Jamasmie | September 8, 2015 | 7:33 am

SA platinum cuts to hurt global output over next two years

Supply for the year, however, is expected to increase by 9% to 7.91 million ounces, owing to the recovery in the country’s output following strikes in 2014, as well as increased platinum recycling.

Cecilia Jamasmie | September 8, 2015 | 4:45 am