Cecilia Jamasmie, Author at MINING.COM

Codelco’s profit jumped 27% thanks to deal with Anglo

Chilean state-own Codelco, the world's largest copper producer, said Thursday its January-September profits climbed 27% compared to the same period last year, thanks mainly to the settlement of a heated legal dispute over a copper mine with diversified miner Anglo American (LON:ALL).

Cecilia Jamasmie | November 22, 2012 | 5:04 pm

FUN BREAK: Geologist unmasks Mayan ‘apocalypse’ myth

Doomsayers may surely be relieved to read the latest posts by geologist Wayne Sedawie, who for years has travelled and investigated ancient Mayan sites, as he explains why the end of the world is not a month away.

Cecilia Jamasmie | November 22, 2012 | 3:28 pm

Brazil gold reserves reach 11-year record high

Brazil gold reserves reach 11-year high

Brazil increased gold reserves for the second straight month, reaching the highest level in 11 years, data from the International Monetary Fund showed Wednesday.

Cecilia Jamasmie | November 22, 2012 | 2:06 pm

Chinese band sold $4.2 billion in fake gold jewellery to Shanghai pawn shops

Chinese gang caught selling fake gold jewellery to Shanghai pawn shops

Members of a Chinese band that sold silver jewellery covered in a thin layer of gold in Shanghai, causing eight local pawn shops lose about $4.2 billion, were charged Wednesday with contract fraud.

Cecilia Jamasmie | November 21, 2012 | 7:12 pm

Gold Fields weighs alternatives for Peru’s Chucapaca mine

South African miner Gold Fields (NYSE, JSE:GFI) revealed its initial plan to develop a gold deposit into an open-pit mine in southern Peru isn't feasible.

Cecilia Jamasmie | November 21, 2012 | 6:21 pm

Nickel miner Talvivaara re-starts plant after radioactive leak

Nickel producer Talvivaara (LON:TALV) said Wednesday authorities have allowed it to re-start the metals recovery plant at its Sotkamo nickel and zinc mine in eastern Finland.

Cecilia Jamasmie | November 21, 2012 | 5:34 pm

Petronas new Progress takeover offer gives CNOOC fresh hopes on Nexen

China’s bid for Nexen may get a boost if a Malaysian company successfully acquires Canada-based Progress Energy Resource Corp.

Cecilia Jamasmie | November 21, 2012 | 3:45 pm

Shift work miners ill, exhausted and depressed: report

Shift miners ill, exhausted and depressed: report

A new study led by Australia’s Griffith University has found shift miners working long hours are more likely to suffer from depression, fatigue and a wide range of illnesses.

Cecilia Jamasmie | November 21, 2012 | 2:25 pm

Areva to resume test drilling for uranium in Nunavut

MMG submits proposal for Canadian Arctic zinc-copper mine

China-backed metals producer Minerals and Metals Group (MMG) might be the new kid on the Canadian Arctic block, but it is already moving ahead with its plans to build mines in Nunavut in the next six years.

Cecilia Jamasmie | November 20, 2012 | 7:52 pm

Mining CFOs more pessimist than the rest of Canada’s financial officers

Mining CFOs more pessimistic than the rest of Canada’s financial officers

A lot gloomier than any other Canadian chief financial officer (CFO) are those executives working for mining companies, reveals industry-specific data published Tuesday by GE Capital as part of its Bi-Annual Mid-Market CFO Survey.

Cecilia Jamasmie | November 20, 2012 | 6:46 pm