Cecilia Jamasmie, Author at MINING.COM

S&P Capital IQ endorses Barrick Gold after major management shakeup

Following yesterday's announcement of leadership changes in Barrick Gold, S&P Capital IQ said the firm keeps its strong buy recommendation on the company’s shares.

Cecilia Jamasmie | June 7, 2012 | 2:19 pm

Shale gas most likely solution to Chilean mining industry’s energy supply deficit: report

Shale gas may be the solution to one of the most serious problems the mining industry is facing in Chile: extremely high energy prices due to limited supply.

Cecilia Jamasmie | June 7, 2012 | 1:17 pm

10-year review critiques the mining industry’s sustainability

The IIED report urges the sector to move from improving its standards in principle to actually implementing them in practice.

Cecilia Jamasmie | June 7, 2012 | 1:50 am

Kinross shares surge as investors shrug US probe

Kinross suspends mining at Tasiast gold mine in Mauritania

Canadian Kinross Gold Corp. (TSX:K, NYSE:KGC) said on Wednesday that workers at its Tasiast gold mine in Mauritania, West Africa, have initiated an unlawful work stoppage, halting mining and processing activity.

Cecilia Jamasmie | June 6, 2012 | 3:59 pm

Global mining industry profits and shares went different ways in 2011: PwC

Consulting firm says the top 40 global mining firms earned a record profit of $133 billion last year driven mainly by iron ore, however their market capitalization fell by 25%.

Cecilia Jamasmie | June 6, 2012 | 2:29 pm

Discovery of world’s largest tungsten mine sends Chinese stocks skyrocketing

Shares of China's tungsten companies climbed on Wednesday after the country’s Ministry of Land and Resources announced the discovery of the world's largest tungsten mine in east province of Jiangxi.

Cecilia Jamasmie | June 6, 2012 | 1:34 pm

Ex-Barrick CEO Regent also wants a piece of Glencore Las Bambas

Disappointed with share price Barrick Gold reshuffles top management team

Canadian Barrick Gold (TSX:ABX) announced Wednesday a major shakeup of its management team, saying that it has replaced Aaron Regent as president and chief executive officer by Jamie Sokalsky, who was the company's chief financial officer.

Cecilia Jamasmie | June 6, 2012 | 12:00 pm

Mining investment worth $50 billion in the balance as Peruvian lawmakers quit

Three lawmakers from President Ollanta Humala’s ruling Gana Peru party resigned on Monday over the government’s handling of protests against -Xstrata last week, warning that social and environmental protests are threatening billions of dollars of mining projects.

Cecilia Jamasmie | June 5, 2012 | 7:17 pm

Caterpillar profit drops for second successive quarter due to weak mining demand

Caterpillar and Westport Innovations enter the natural gas vehicles business

Earth-moving equipment maker Caterpillar (NYSE:CAT) will work with Canadian Westport Innovations (TSX:WPT) to develop natural gas-powered engines for mining trucks, locomotives and other heavy equipment that typically uses diesel.

Cecilia Jamasmie | June 5, 2012 | 4:18 pm

Canada re-emerges as the top destination for mining and metals deals: Ernst & Young

Canada topped the global mining and metals sector as the number one target destination by total deal value in the first three months of this year, says international firm Ernst & Young.

Cecilia Jamasmie | June 5, 2012 | 3:09 pm