Cecilia Jamasmie, Author at MINING.COM

Chicago rejects coal-to-gas plant

Illinois Governor, Pat Quinn, exercised his veto power late on Friday to reject a bill that would have forced natural gas utilities to acquire synthetic gas at prices double the current market rate for the next 30 years.

Cecilia Jamasmie | August 13, 2012 | 2:26 pm

Sinking coal prices force major job cuts in Australia

Xstrata Coal confirmed Monday it has cut a number of jobs from its coal mining operations in Australia, due to sinking prices for both coking and certain kinds of thermal coal.

Cecilia Jamasmie | August 13, 2012 | 1:09 pm

South Africa’s third wealthiest man owes the taxman $250 million

South Africa’s third wealthiest man and mining entrepreneur, billionaire Christoffel Wiese, it is said to owe the country’s revenue agency (Sars) an estimated $250 million (R$2 billion) in unpaid taxes.

Cecilia Jamasmie | August 12, 2012 | 4:18 pm

From asbestos to ‘Plan Nord’: Canada’s Quebec sparks controversy over mining plans

Weeks after Quebec’s ruling Liberal party re-launched the province's asbestos industry with a $58-million loan to the Jeffrey mine, opposition leaders are calling the federal government to end what they call a "morally and scientifically indefensible" product.

Cecilia Jamasmie | August 12, 2012 | 3:00 pm

Open-cut gold mine triggers worries for Australia’s Wombat forest

Environmentalists and the local community of central Victoria, Australia, are angry at the Department of Primary Industries for allowing Queensland-based company Fortitude Mining to go ahead with its gold exploration plans in the Wombat State Forest.

Cecilia Jamasmie | August 12, 2012 | 12:27 pm

Canadian Edgewater faces criminal accusations over gold project in Spain

(UPDATED) Canadian exploration company Edgewater is facing potential criminal charges in Spain for allegedly employing highly polluting technology in its Corcoesto gold project, in the North Western region of Galicia.

Cecilia Jamasmie | August 11, 2012 | 5:28 pm

Excellon substantial drop in profits triggers management changes

Excellon Resources (TSX:EX) Chief Financial Officer, Steve Poad, quit on Friday after the company reported a big drop in profits in the second quarter the day before.

Cecilia Jamasmie | August 11, 2012 | 3:24 pm

Lucara to sell less diamonds than projected from its Botswana mine

Canada’s Lucara Diamonds (TSX:LUC) shares went down over 3% on Friday after the company said it expected to sell 23% less diamonds this year from its flagship Karowe mine, in Botswana.

Cecilia Jamasmie | August 11, 2012 | 1:15 pm

Myanmar is open for business and ready for a gold rush

Myanmar —until recently called Burma— is slowly but steadily starting to attract foreign investment, driven mainly by international resource firms eager to tap into the mineral-rich South East Asia's country.

Cecilia Jamasmie | August 11, 2012 | 12:17 pm

Highland Gold production up 9.5%, on track for output target

Russian gold miner Highland Gold said Friday it is on track to meet its full-year output target of 200,000-215,000 troy ounces of gold and gold equivalents.

Cecilia Jamasmie | August 10, 2012 | 6:40 pm