Cecilia Jamasmie, Author at MINING.COM

Lumina Copper not ready for a takeover this year

Canadian Lumina Copper Corp. (CVE:LCC) fell 8.5% Tuesday after the company hinted its expected sale will have to wait as it plans to carry a study at its Taca Taca massive copper/gold/molybdenum deposit in Argentina.

Cecilia Jamasmie | October 10, 2012 | 3:04 pm

Kinross Gold’s CFO leaves, two months after CEO replaced

Only two months after swapping CEOs, Kinross Gold Corporation (TSX: K; NYSE: KGC) has announced its chief financial officer, Paul Barry, is leaving the company “to pursue other interests.”

Cecilia Jamasmie | October 10, 2012 | 2:18 pm

Xstrata begins coal job cuts in Australia

Xstrata Coal (LON:XTA) began to reduce its workforce across its Australian coal operations by firing its first 40 permanent employees out of the 600 announced cuts.

Cecilia Jamasmie | October 10, 2012 | 10:12 am

What can miners expect from Chavez re-election and his ’21st century Bolivarian revolution’?

Venezuela's President Hugo Chavez’s easy re-election has given him another six years as the head of the oil-rich South American country. It has also given mining and oil companies another reason to look for greener pastures.

Cecilia Jamasmie | October 9, 2012 | 7:22 pm

Anglo Asian gold production on the rise

Anglo Asian Mining disclosed Tuesday a surge in gold production at its flagship gold, copper and silver mine, in Azerbaijan, in the third quarter.

Cecilia Jamasmie | October 9, 2012 | 5:13 pm

Anglo Platinum mines halted by massive strike in S. Africa

Gold One fires over 75% of its workers

South Africa's Gold One followed Amplats example and fired Tuesday 1,435 of its 1,900 Ezulwini employees in South Africa, after a week-long illegal strike.

Cecilia Jamasmie | October 9, 2012 | 4:05 pm

INFOGRAPHIC: Is silver the new gold?

“The Silver Bomb: Beyond The Return Of Metal As Money” has come up with an infographic that explores why some investing experts believe that silver’s price may outpace gold.

Cecilia Jamasmie | October 9, 2012 | 3:07 pm

Paragon Diamonds commissions Lesotho’s Lemphane scoping study

Firestone reports diamond quality improvement at Lesotho

Africa-focused junior miner Firestone Diamonds reported that the quality and value of diamonds recovered at its ‎Liqhobong plant in Lesotho has improved since the company shut down the plant in July. ‎

Cecilia Jamasmie | October 9, 2012 | 2:39 pm

Diamond supply crunch on its way — analysts

Global production of diamonds reached 124 million carats last year and, according Bain & Company consultants, 13 new mines should be adding 23 million carats by the end of 2012. But Money Week’s analyst Tom Bulford is warning those and other figures are not sufficient to avoid a looming supply crunch.

Cecilia Jamasmie | October 9, 2012 | 2:18 pm

Argyle’s rare pink diamonds captivate audiences in India’s Pink City

Rio Tinto’s $60 million pink diamonds arrive in London

Rio Tinto (LON, ASX, NYSE: RIO) have started showing Tuesday its rare Argyle pink diamonds at London’s Kensington Palace in a collection that features more than $60 million in jewellery made with the coloured gems.

Cecilia Jamasmie | October 9, 2012 | 1:38 pm