Cecilia Jamasmie, Author at MINING.COM

General Electric to buy up mining specialists Industrea and Fairchild International

General Electric (NYSE: GE) announced it is pursuing acquisitions of two underground mining equipment manufacturers in support of the global expansion of its mining business.

Cecilia Jamasmie | May 16, 2012 | 6:30 pm

Silver use in medicine could boost the market: report

For thousands of years, silver has been used at the table, on the battlefield and even in healthcare. Today, the uses of silver for its healing and preventative properties are growing and analysts wonder what this renewed demand for the graphite metal will mean for the silver market.

Cecilia Jamasmie | May 16, 2012 | 6:07 pm

Pan American Silver 1Q net falls 46% due to Mexican acquisition

Pan American Silver Corp. (TSX: PAAS, NASDAQ: PAA.T) first-quarter profit fell 46% as the costs of acquiring a Mexican gold and silver operation covered a revenue increase.

Cecilia Jamasmie | May 16, 2012 | 5:51 pm

Twelve-year-old critic of Canada’s banking system goes viral

The latest rant against Canada’s federal government’s borrowing practices has gone viral and not because it comes from a well-know economist, but because it is exposed by a well articulated and not camera-shy 12-year-old girl.

Cecilia Jamasmie | May 16, 2012 | 4:42 pm

African Barrick Gold to pay more royalties to Tanzania

African Barrick Gold (LON:ABG) has decided to pay the Tanzanian government an extra 1% in royalties, in light of the current gold price environment.

Cecilia Jamasmie | May 16, 2012 | 4:29 pm

Feminist group crashes mining meeting in Australia

A group of bearded women belonging to the feminist group La Barbe, crashed last night's Melbourne Mining Club meeting to congratulate the mining industry for its exclusion of women and its lobbying against the carbon tax.

Cecilia Jamasmie | May 16, 2012 | 4:08 pm

Zimbabwe Government: No going back on mining fees

The government of Zimbabwe said the new mining licence fees gazetted in January will not be reversed despite calls by the mining industry for the levies to be reduced.

Cecilia Jamasmie | May 15, 2012 | 6:13 pm

Renowned diamonds add sparkle to Queen’s jubilee celebrations

Photographers were allowed to look today at some of the most famous diamonds in the world to go on public display at the end of June, as part of the Queen's Diamond Jubilee celebrations.

Cecilia Jamasmie | May 15, 2012 | 5:48 pm

BHP Billiton puts its money on the iron ore market and China

BHP Billiton Ltd. (NYSE:BHP) is betting on the iron ore market as one of the forces to drive the mining industry in the next decade, especially as developing nations such as China move from investment-led economic growth to consumption-led economic growth.

Cecilia Jamasmie | May 15, 2012 | 4:00 pm

Sinopec to tap into shale gas market and rescue China from growing gas shortfall

Sinopec Group, China’s second biggest oil and gas producer, announced it has launched its first shale gas project, expecting to produce 300 to 500 million cubic metres a year by the end of 2012, said the conglomerate on Tuesday.

Cecilia Jamasmie | May 15, 2012 | 2:59 pm