Cecilia Jamasmie, Author at MINING.COM

Canada’s Eldorado profit lower on higher costs

Canada’s Eldorado yearly profit lower on higher costs

The company, with operations in Turkey, China, Greece, Romania and Brazil, plans to produce close to 705,000 to 760,000 ounces in 2013, up from 656,324 ounces in 2012.

Cecilia Jamasmie | February 22, 2013 | 6:39 pm

Gold likely to become a currency this year: analyst

Small investors are selling their gold and silver and getting into stocks, but that trend is about to run its course, says Liberty Trading Group president James Cordier.

Cecilia Jamasmie | February 22, 2013 | 6:08 pm

Zambia makes large-scale mining fees 15 times higher

They'll go from $340 to $5,400 beginning this month.

Cecilia Jamasmie | February 22, 2013 | 5:29 pm

Kloppers to walk out BHP with $75 million in his pocket

Kloppers to walk out of BHP with $75 million in his pocket

If paid, the exit package will put Kloppers in the league of Macquarie Bank’s former CEO, Allan Moss, who got $80 million.

Cecilia Jamasmie | February 22, 2013 | 4:00 pm

California braces for black gold rush

Companies trying to secure a price on the 15.4 billion barrels of crude oil underneath the Monterey Shale.

Cecilia Jamasmie | February 22, 2013 | 3:15 pm

Centerra Gold says Kumtor operation returning to normal

Centerra faces $315 million in fines for new claims of environmental damage in Kyrgyzstan

Kyrgyzstan has given Centerra Gold three months to redraw terms before ripping up an agreement to run its flagship Kumtor mine.

Cecilia Jamasmie | February 22, 2013 | 1:51 pm

Reliance on oil sands may hurt Canada’s economy: report

Canada is heading towards a "staples trap," whereby the more quickly bitumen is exported, the less diversified and productive the economy becomes, warns a study.

Cecilia Jamasmie | February 21, 2013 | 6:56 pm

Former rare earth miner executive arrested, suspected of money laundering

South African police have arrested a former project director for Canadian rare earths-focussed Great Western Minerals Group’s (GWMG) on suspicion of fraud and money laundering.

Cecilia Jamasmie | February 21, 2013 | 5:33 pm

Diamonds fog Zimbabwe reforms: NGO

Global Witness said there are gaps in European Union sanctions on Zimbabwe that may allow diamond revenue to continue funding the military.

Cecilia Jamasmie | February 21, 2013 | 3:53 pm

Yamana Gold outshines most precious metal producers, reports record earnings

The precious metal producer posted higher quarterly profit and revenue compared with a year ago and said it expects to see at least a 20% increase in output for 2013.

Cecilia Jamasmie | February 21, 2013 | 2:50 pm