Cecilia Jamasmie , Editor-in-Chief

Petaquilla rejects Inmet’s final takeover bid

Petaquilla Minerals Ltd. (TSX:PTQ) has rejected as inadequate an unsolicited, the latest takeover bid by Inmet Mining Corp. (TSX:IMN) presented Friday, which was 25% cent higher than the $112-million Inmet originally offered.

Cecilia Jamasmie | October 29, 2012 | 1:44 pm

Park to replace infamous tar ponds in Nova Scotia

Canadian authorities revealed Sunday plans for the final portion of tar ponds clean-up in the province of Nova Scotia, which will see $17 million spent on a park, sports field and an outdoor stage and amphitheatre, as part of a project to revitalize an area where a former steel mill left behind contaminated soil.

Cecilia Jamasmie | October 29, 2012 | 1:07 pm

New Bolivian law poses serious challenges for mining companies

Bolivia has passed this month the world's first ruling that grants all nature equal rights to humans. The “Law of Mother Earth,” agreed by politicians and grassroots social groups, redefines the South American nation's mineral deposits as "blessings" and is supposed to lead to radical new conservation and social measures to reduce pollution and control industry.

Cecilia Jamasmie | October 29, 2012 | 10:52 am

Experts find manure is ‘best cure’ for mining

U.S. Department of Agriculture (USDA) research published Friday confirms what farmers seem to have known for hundreds of years: that manure helps restore soils, even those highly damaged post-mining landscapes.

Cecilia Jamasmie | October 26, 2012 | 6:58 pm

American companies not yet ready for Conflict Minerals Law – report

With only about 21 months remaining until publicly-traded U.S. component manufacturers are forced by law to disclose their usage of conflict minerals to the federal government, the industry appears to be unprepared, says information and analytics provider IHS (NYSE: IHS).

Cecilia Jamasmie | October 26, 2012 | 5:48 pm

Cynthia Carroll yields to pressure and leaves Anglo

Where there is smoke… After several reports of Anglo American’s (LON:AAL) shareholders disappointment at both the company’s overall performance and her CEO, Cynthia Carroll, she has finally left the company.

Cecilia Jamasmie | October 26, 2012 | 4:09 pm

Chinese Premier’s $2.7 billion fortune thanks largely to his wife ‘the Queen of Diamonds’ – report

Chinese Premier Wen Jiabao has accumulated vast wealth during his time in power, but reports of his $2.7 billion fortune —and the influence of his wife, Zhang Beili, the "Queen of China's Diamonds"— have been blocked in China.

Cecilia Jamasmie | October 26, 2012 | 3:20 pm

African Barrick Gold sinks on disappointing Q3 results

Shares in London-listed African Barrick Gold (LON:ABG) were falling by over 4% on Friday after rising costs and dipping production impacted the miner’s Q3 profit.

Cecilia Jamasmie | October 26, 2012 | 2:35 pm

Inmet sweetens bid for gold miner Petaquilla by 25%

Canadian gold miner Petaquilla Minerals Ltd. (TSX:PTQ) confirmed late Thursday it is studying an upgraded and final takeover offer by Inmet Mining Corp. (TSX:IMN), which is now offering about 25% more than $112-million it previously proposed.

Cecilia Jamasmie | October 26, 2012 | 12:54 pm

Myanmar poised to become new mining Mecca for Chinese investors

Chinese companies are seeking the wealth of mining opportunities that neighbouring Myanmar (ex-Burma) has to offer, as the country opens its economy to foreign investment after more than half a century of military ruling.

Cecilia Jamasmie | October 25, 2012 | 6:45 pm

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