Cecilia Jamasmie, Author at MINING.COM

Aussie miners told ‘death’ only excuse for not working on Christmas

Miners who don’t show up to work the Christmas and New Year period at Sandfire Resources’ DeGrussa copper and gold mine in Western Australia, are being threatened with major fines and pay cuts.

Cecilia Jamasmie | December 11, 2012 | 4:05 pm

Rio Tinto and Anglo sell Palabora to Chinese group

Mining giants Rio Tinto and Anglo American are selling a 74.5% shareholding in the South African copper company Palabora Mining to a consortium of Chinese and South African firms, in a deal valued at about $611 million.

Cecilia Jamasmie | December 11, 2012 | 3:40 pm

Glencore-Xstrata deal hits South African snag

Glencore has extended the deadline to complete takeover of Xstrata (LON:XTA) by a month after South African power utility Eskom expressed worries about its coal supplies.

Cecilia Jamasmie | December 11, 2012 | 12:25 pm

Resource nationalism is miners’ number one fear and major threat to global security — report

Resource nationalism is one of the main causes of the current commodity prices instability and it is threatening global security, warns London-based Chatham House in its latest report.

Cecilia Jamasmie | December 10, 2012 | 4:17 pm

Gold bug spreads through Latin America

Mexico, Brazil, Colombia, Argentina and Paraguay have recently been adding to their bullion holdings. And this might be only the beginning.

Cecilia Jamasmie | December 10, 2012 | 3:21 pm

Fresh hopes for Aussie miners: country to attract over 18 times the investment of South Africa

Australia’s mining industry will become the world’s number one again over the next two decades, attracting as much as 18 times the investment planned for South Africa, according to the latest report from Deloitte.

Cecilia Jamasmie | December 10, 2012 | 11:53 am

Gold volatility is extremely low — Davies

Hinde Capital CEO Ltd. and manager of the Hinde Gold Fund, Ben Davies, says gold's recent decline is over and claims the market will continue to stabilize from here.

Cecilia Jamasmie | December 7, 2012 | 5:51 pm

Pfizer lab missing $700K of gold dust

Pfizer Inc.'s medical research lab in St. Louis County, Minnesota, is missing $700,000 worth of gold dust, but it is not clear how or for what purposes the pharmaceutical giant uses the precious metal.

Cecilia Jamasmie | December 7, 2012 | 5:23 pm

Afghanistan grants key copper and gold mining permits

Afghanistan grants key copper and gold permits

The government of Afghanistan announced Friday its preferred bidders for three of its four current mineral tenders, with a consortium backed by City of London banker Ian Hannam, former BHP Billiton CEO Chip Goodyear and Poland’s multibillionaire Jan Kulczyk, emerging as the biggest winner.

Cecilia Jamasmie | December 7, 2012 | 4:24 pm

FUN BREAK: Trips to the moon available by 2020

Mining the moon has been a topic widely explored in the last few months as scientists find evidence the earth’s satellite contains rich deposits of minerals. Now a new company offers to take prospectors up there for only $1.5 billion a trip.

Cecilia Jamasmie | December 7, 2012 | 3:07 pm