Cecilia Jamasmie, Author at MINING.COM

Molycorp shares dive as CEO quits and firm faces investigation

Shares of rare earth miner Molycorp were falling Thursday morning as the company’s president and chief executive, Mark Smith, left without explanation and the company revealed it was under investigation from the United States SEC.

Cecilia Jamasmie | December 13, 2012 | 4:44 pm

Major management reshuffle at Centerra Gold

Two of its senior executives are retiring in February next year.

Cecilia Jamasmie | December 13, 2012 | 4:00 pm

Colombian armed rebels tighten control over gold mining

Mining, not drugs, main income source for the revolutionary groups in Colombia.

Cecilia Jamasmie | December 13, 2012 | 2:33 pm

Top fashion bloggers choose their dream diamond engagement ring from De Beers collections

Top fashion bloggers choose top 5 diamond engagement rings

In an original approach to social media marketing, De Beers invited five top international bloggers to its stores in London and New York to pick out which it would be their dream engagement ring.

Cecilia Jamasmie | December 12, 2012 | 7:38 pm

Taseko Mines weathers multiple storms

Canadian Taseko Mines (TSE:TKO) is having a rocky end of the year as workers threaten with a strike at the company’s copper-molybdenum Gibraltar mine, in British Columbia, and First Nation representatives are calling the company to “stop wasting everyone’s time” and withdraw the controversial New Prosperity mine project proposal, also in B.C.

Cecilia Jamasmie | December 12, 2012 | 6:45 pm

Rockwell Diamonds mothballs Tirisano mine

Canadian Rockwell Diamonds (TSX:RDI, JSE:RDI) has decided to place its operations at its Tirisano mine in South Africa “on care and maintenance,” following persistent industrial relations issues and ongoing losses incurred by the mine,

Cecilia Jamasmie | December 12, 2012 | 4:04 pm

Xstrata hinders mine in Philippines until 2019

Xstrata puts off $5.9bn mine in Philippines until 2019

Swiss miner Xstrata (LON:XTA) is delaying the commercial production of its $5.9 billion Tampakan copper-gold project in the Philippines to 2019, Sagittarius Mines Inc, the firm's local unit, said Wednesday.

Cecilia Jamasmie | December 12, 2012 | 3:14 pm

Gold hits 3-week high on disappointing U.S. jobs data

Centerra makes junior’s Christmas, becomes sole owner of gold project in Turkey

London-based explorer Stratex (LON:STI) got an early Christmas present this year, as Canadian Centerra Gold (TSX:CG) paid the junior and partner in the Turkey’s Oksut project a noteworthy $40 million for its 30% stake in the venture.

Cecilia Jamasmie | December 12, 2012 | 11:00 am

Canadian junior Stornoway surges on diamond recovery

Stornoway Diamond (TSX:SWY,) shares climbed 24% to 63 cents on Tuesday after the company reported the recovery of a 9.78-carat diamond during the ongoing processing of the Renard 65 bulk sample.

Cecilia Jamasmie | December 11, 2012 | 8:21 pm

Mining old ores yields clues to early life

Old ore mining yields clues to early life

A team of scientists have provided new insight into how ancient metal-ore deposits can be used to better understand the chemistry of the ancient oceans and, as a consequence, the early evolution of life.

Cecilia Jamasmie | December 11, 2012 | 6:54 pm