Cecilia Jamasmie, Author at MINING.COM

Chile’s Codelco to seal $1 billion deal with UK

Chile’s Codelco to seal $1 billion deal with the UK

The giant copper miner is also planning to sell about $8 billion of bonds over the next five years to help finance a nearly $30bn investment program aimed to revamp its aging mines.

Cecilia Jamasmie | October 21, 2014 | 2:02 pm

India diamond merchant boss gives 500 cars, 200 apts to employees

He has also insured 280 employees who have been with the company for more than a decade to the tune of $160,000 each.

Cecilia Jamasmie | October 21, 2014 | 11:30 am

Russian diamond giant Alrosa Q3 output falls

The miner's total diamond production for the quarter reached 9.7 million carats, slightly down from 9.9 million carats in the same period last year.

Cecilia Jamasmie | October 20, 2014 | 6:37 pm

China sets tougher restrictions on illegal mining, exporting of rare earths

Beijing has launched a five-month campaign that aims to finally crackdown on illegal extraction and smuggling of the coveted elements.

Cecilia Jamasmie | October 20, 2014 | 5:53 pm

Polish coal miner slashes production forecast amid restructuring

Announcement comes as Polish authorities work on a plan to group its loss-making mines into a “bad” or a “good” unit.

Cecilia Jamasmie | October 20, 2014 | 4:43 pm

Hundreds strike at Glencore’s coal mine in South Africa

Workers downed tools Friday after talks over the structuring of packages for employees who face lay offs hit a roadblock.

Cecilia Jamasmie | October 20, 2014 | 3:42 pm

TECO Energy sells coal subsidiary for $170 million

The sale price includes future payments of $50 million if certain coal benchmark prices reach specified levels over the next five years.

Cecilia Jamasmie | October 20, 2014 | 2:44 pm

Peabody swings to loss as coal prices plunge

While coal sales have shown some signs of a rebound, low natural-gas prices continue to pressure the fossil fuel demand and pricing.

Cecilia Jamasmie | October 20, 2014 | 2:28 pm

One of these five companies will run the gold fix

Broker Autilla Ltd (Sapient), the Chicago Mercantile Exchange jointly with Thomson Reuters, U.S. derivatives bourse Intercontinental Exchange, the London Metal Exchange and broker ICAP's online platform EBS will present their proposals this Friday.

Cecilia Jamasmie | October 20, 2014 | 1:05 pm