Cecilia Jamasmie , Editor-in-Chief

Barrick misses expectations and delays Pascua-Lama

Barrick Gold, the world's largest producer of the precious metal, reported higher-than-expected operating costs and a massive capital cost over-runs on Thursday in its first quarterly report since letting go CEO Aaron Regent in June.

Cecilia Jamasmie | July 26, 2012 | 12:42 pm

Antofagasta Minerals ‘scored’ with appointment of ex-Codelco CEO Hernandez: analysts

FTSE 100 miner, copper giant Antofagasta PLC (LON:ANTO) announced Tuesday it had appointed Diego Hernandez, the former head of state miner Codelco, a move qualified by insiders as “a goal” for the London-listed Chilean miner.

Cecilia Jamasmie | July 25, 2012 | 7:00 pm

Third time’s the charm for Peru’s mining issues?

Faced with never ending environmental and social conflicts over mining projects, Peru's President Ollanta Humala decided yesterday to reshuffle his Cabinet… again…for the third time.

Cecilia Jamasmie | July 25, 2012 | 5:27 pm

Suncor to delay joint venture oil sands projects

Billions of dollars in joint venture projects with partner Total E&P Canada will be delayed, said Suncor Energy’s new chief executive Steve Williams on Wednesday, as both companies are analyzing alternatives to improve their profitability.

Cecilia Jamasmie | July 25, 2012 | 3:35 pm

Miners buying existing projects rather than starting their own: study

Escalating costs and economic instability may be the two main reasons why mining companies worldwide are acquiring existing projects instead of starting their own, shows the latest report from global firm Ernst & Young.

Cecilia Jamasmie | July 25, 2012 | 2:46 pm

Slowdown? What slowdown? Caterpillar’s best quarter in history

Caterpillar Inc (NYSE:CAT), the world's largest earth-moving equipment maker, raised its 2012 profit forecast on Wednesday based on its quarterly profit report, which beat by far most of Wall Street's gloomy outlooks.

Cecilia Jamasmie | July 25, 2012 | 1:35 pm

G-Resources pours first gold at Indonesia’s Martabe mine

The Hong Kong-listed miner said on Wednesday that the start of production at Martabe marked a significant milestone for the company.

Cecilia Jamasmie | July 25, 2012 | 12:50 pm

Botswana Diamonds recovers first gem at Libongo project‎ in Cameroon

Botswana Diamonds has recovered a 2-carat, low value, near gem quality stone, which confirms the diamondiferous potential of the deposit.

Cecilia Jamasmie | July 25, 2012 | 12:39 pm

Gold miner Avocet appoints new CEO to lead recovery

London-based Avocet Mining Plc (LON:AVM) has named David Cather as its new chief executive,to replace Brett Richards, who resigned after running the West Africa-focused gold producer for two years.

Cecilia Jamasmie | July 22, 2012 | 5:34 pm

Nova Scotia pro-mining incentives called ‘aggressive’

In an effort to stimulate mining exploration in the Canadian province of Nova Scotia, the local government has started offering grants of up to $100,000 to mineral prospectors and exploration companies.

Cecilia Jamasmie | July 22, 2012 | 4:42 pm

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