Cecilia Jamasmie, Author at MINING.COM

Rosenberg’s reasons to go for gold

Despite the recent drops in gold prices, David Rosenberg, the chief economist and strategist at Gluskin Sheff and former Chief North American Economist at Bank of America Merrill Lynch, is bullish about the precious metal.

Cecilia Jamasmie | December 27, 2012 | 4:56 pm

Swarovski unveils palace made out of crystals

Diamond-like crystals manufacturer Swarovski and UK architect Asif Khan have built a “palace” made out of Swarovski luxury gems.

Cecilia Jamasmie | December 27, 2012 | 3:51 pm

Will Papua New Guinea’s safest city survive the closure of Ok Tedi mine?

The mining town of Tabubil, in Papua New Guinea, is facing the closure of the nearby Ok Tedi copper mine, an operation that currently employs nearly 2,000 people, most of them locals.

Cecilia Jamasmie | December 27, 2012 | 2:21 pm

Teck Resources coal sales to exceed prior outlook

Shares in Canada’s Teck Resources (TSX:TCK.B) (NYSE:TCK) climbed slightly Friday after the company announced that coal sales for the fourth quarter are expected to top its prior outlook of 6.2 million tonnes.

Cecilia Jamasmie | December 21, 2012 | 7:22 pm

South Africa won’t nationalize its mines, but taxes go up

After years of debate, South Africa’s ruling party African National Congress rejected Thursday plans to nationalize the country’s mining sector, but voted in favour of higher taxes in the world’s main producer of platinum and chrome.

Cecilia Jamasmie | December 21, 2012 | 5:44 pm

Fracking activities polluted Alberta’s groundwater: ERCB

Leaked fluid from fracking activities polluted groundwater after a “serious” incident at a well site near Grande Prairie, a city in the northwestern part of the Canadian province of Alberta, in September 2011.

Cecilia Jamasmie | December 21, 2012 | 5:00 pm

Disconnect between metal futures and physical is excessive — Maguire

Silver market trader and whistleblower Andrew Maguire told King World News the disconnect between gold and silver futures markets and the physical markets has reached an extreme rarely seen before.

Cecilia Jamasmie | December 21, 2012 | 3:59 pm

Brazil doubles gold reserve to highest level in 12 years

Brazil increased gold reserves for a third month in November to double the country’s holdings since August, reaching levels not seen since November 2000.

Cecilia Jamasmie | December 21, 2012 | 2:59 pm

Centerra Gold files new technical report for its Kumtor mine

Document was submitted a week after Canadian Centerra Gold (TSX:CG) rejected as “exaggerated” and “without foundation” a $152 million environmental damages claim from the Kyrgyzstan government.

Cecilia Jamasmie | December 21, 2012 | 2:21 pm