Cecilia Jamasmie, Author at MINING.COM

$8 billion resource reserve likely to lift Bolivia’s depressed economy

The total value of the copper, silver, indium and manganese reserves discovered by South Korean company Kores in Bolivia last year, may be worth more than $8 billion.

Cecilia Jamasmie | June 27, 2012 | 11:18 am

Diamonds are now your laundry’s best friend

British scientists have discovered that adding small amounts of nanodiamonds - pieces of carbon less than a ten-thousandth of the diameter of a human hair - make powder detergent much more effective at removing dirt and grease.

Cecilia Jamasmie | June 26, 2012 | 3:39 pm

Rockwell Diamonds carat production up 74% in Q1

Canadian Rockwell Diamonds announced its carat production for the first quarter of this year improved by 74% to 6116 carats from the same period last year.

Cecilia Jamasmie | June 26, 2012 | 3:10 pm

Chinese diamond mogul funding Mugabe’s military: report

A Chinese magnate, benefiting from his access to diamonds in Zimbabwe, is reported to have ploughed $100 million into the country’s Central Intelligence Organisation to fund covert operations against Mugabe's political opposition.

Cecilia Jamasmie | June 26, 2012 | 2:46 pm

Glencore Xstrata shelves $139 million copper mine expansion project

Ivanhoe Australia cuts 50 jobs to $10 million

Copper and gold focused Ivanhoe Australia announced Tuesday that it will cut 50 jobs from its Queensland operations to save around $10 million.

Cecilia Jamasmie | June 26, 2012 | 1:17 pm

Barrick Gold appoints rival Agnico-Eagle CFO to boost stock price

The world’s largest gold company, Barrick Gold, has rehired a former member of its financial team to fill a senior management spot generated when it dumped former chief executive Aaron Regent in hopes of restoring its stock price.

Cecilia Jamasmie | June 26, 2012 | 12:41 pm

Coal prices sink again as Chinese storage yards near capacity

Analysts are now saying that the world's second largest economy may not be the "long-term structural importer of thermal coal" suppliers have been betting on.

Cecilia Jamasmie | June 25, 2012 | 3:18 pm

Rio Tinto makes first coal shipment‎ from Mozambique

Giant miner Rio Tinto said Monday that it has started exporting premium hard coking coal from its Mozambique Benga Mine, its first shipment of 34,000 tons has left the Port of Beira and is bound for an Indian steel mill.

Cecilia Jamasmie | June 25, 2012 | 1:22 pm

Coeur d’Alene evaluating Argentina mine, offers $350m in senior notes

US-based precious metals producer Coeur d'Alene Mines Corp said Monday it would evaluate strategic and operational alternatives for its silver and gold Martha mine in Argentina to reduce its high operating costs during the rest of the mine’s short expected life.

Cecilia Jamasmie | June 25, 2012 | 1:06 pm

Anglo and Codelco like the boy who cried wolf: dispute deadline moved to July 17

London-based Anglo American and Chile's state-owned Codelco did not came to an agreement on Friday over disputed copper assets which has had the miners engaged in a bitter legal confrontation for months.

Cecilia Jamasmie | June 25, 2012 | 12:47 pm