Cecilia Jamasmie, Author at MINING.COM

Barrick’s profit dives in Q1, cuts full year copper output outlook

Barrick’s profit dives 90% in Q1, cuts full year copper output outlook

Adjusted net earnings totalled $238 million or $0.20 per share, a dramatic drop from the $923 million or $0.92 per share logged last year.

Cecilia Jamasmie | April 30, 2014 | 10:45 am

Kincora Copper set to solve mining licenses dispute with Mongolia

Company is confident the government will return two of the licences revoked last year.

Cecilia Jamasmie | April 29, 2014 | 7:03 pm

US sanctions Russian potash Uralkali chairman

Sergey Chemezov is considered close friend of President Vladimir Putin.

Cecilia Jamasmie | April 29, 2014 | 6:21 pm

Deutsche Bank leaves seat on London gold and silver fix

Resignation leaves four banks to oversee the gold fix and only two to determine global silver prices.

Cecilia Jamasmie | April 29, 2014 | 5:27 pm

Chinese most clever way to deal with smog: turn it into diamonds

Dutch designer Daan Roosegaarde is developing a new, energy-friendly mechanism to suck smog out of the air and transform it into diamonds, to be tested in Beijing.

Cecilia Jamasmie | April 29, 2014 | 4:20 pm

Aussie iron ore miner wins approval despite alleged risks for Tasmanian devil

The decision comes only a few days after a prominent wildlife biologist said the presence of extractive companies in the Tarkine will have minimal impacts on the endangered animal.

Cecilia Jamasmie | April 29, 2014 | 1:11 pm

Christie’s sets all-time auction record with ‘The Blue’: $24 million

Christie’s expects $25 million for largest, flawless blue diamond

But If recent auctions in Geneva are any indication, “The Blue” could go for $50 million or more.

Cecilia Jamasmie | April 29, 2014 | 10:22 am

Canada’s Ontario to invest up to Cdn$1bn in Ring of Fire

Canada’s Ontario to invest up to $1bn in Ring of Fire

The province is asking the Federal government to match the funds.

Cecilia Jamasmie | April 28, 2014 | 7:33 pm

Ukraine crisis fuels Europe demands for coal, prices jump

Coal prices climbed to the highest level since January Monday as European nation set to replace gas for coal in power plants.

Cecilia Jamasmie | April 28, 2014 | 5:50 pm

Talvivaara wants uranium license, but needs to avoid bankruptcy first

Investors were uneasy Monday after it was revealed that the cash-strapped company is no longer asking for permission to immediately begin uranium operations in Sotkamo, eastern Finland.

Cecilia Jamasmie | April 28, 2014 | 4:39 pm