Cecilia Jamasmie , Editor-in-Chief

First Majestic Q2 earnings plunge 50% despite increased production

Mexico-focused First Majestic Silver's (TSX:FR) (NYSE:AG) joined the group of silver producers that have been hit hard by the falling prices of the precious metal, as the company’s reported a profit drop of 50% year-on-year in the second quarter.

Cecilia Jamasmie | August 15, 2012 | 1:54 pm

Codelco not worried over potential Anglo chief’s exit

The chairman of Chile's state-owned Codelco, Gerardo Jofre, said Tuesday that an eventual change of management in London-based Anglo American (LSE:AAL) shouldn’t affect the ongoing negotiations between the miners over the long-disputed assets in the south of the country.

Cecilia Jamasmie | August 15, 2012 | 12:46 pm

Pan American silver production increases, profit down 61%

Despite reporting a 14% increase in silver production and record quarterly gold output, Pan American Silver Corp.'s (TSX:PAA) second-quarter earnings slid 61%, as the miner was hit by a double-digit decline in the precious metal prices.

Cecilia Jamasmie | August 15, 2012 | 5:48 am

Barkerville halted

The Investment Industry Regulatory Organization of Canada applied a temporary suspension of trading for Barkerville Gold Mines on Tuesday, in light of the imminent release of the company's 43-101 is set to be released today.

Cecilia Jamasmie | August 14, 2012 | 4:11 pm

Kimberley Process in search of new conflict diamonds definition

Kimberley Process leader Gillian Milovanovic is proposing a new definition of conflict diamonds to include acts of violence and broader human rights issues.

Cecilia Jamasmie | August 14, 2012 | 3:25 pm

Harry Winston sues American retailer whose name has a familiar ring

Toronto-based jeweller and watchmaker Harry Winston, is suing M.K. Winston Jewelers for alleged copyright infringement.

Cecilia Jamasmie | August 14, 2012 | 2:50 pm

Silver holdings near record high, hedge funds less bullish

Investors’ silver holdings are at near-record levels, despite hedge funds being the least bullish on silver in almost four years, according to data compiled by Bloomberg.

Cecilia Jamasmie | August 14, 2012 | 1:52 pm

Barrick’s ‘world-class asset’ begins production

The long-awaited debut of Barrick’s Pueblo Viejo, one of the largest gold deposits in the world, has finally arrived with the mine producing its first commercial gold.

Cecilia Jamasmie | August 14, 2012 | 1:24 pm

Coal train strike in Colombia affects main producer Drummond output

The world’s fourth-biggest coal exporter, Drummond International, had to dramatically cut production in Colombia as a three-weeks strike at Feneco, the main coal railway, continues to affect its operations, said the company.

Cecilia Jamasmie | August 13, 2012 | 5:09 pm

Archeologists uncovered treasures at Rio Tinto coal mine

Some of the oldest aboriginal artifacts have been discovered at Rio Tinto's Warkworth coal mine in Australia’s Hunter Valley.

Cecilia Jamasmie | August 13, 2012 | 3:16 pm

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