Cecilia Jamasmie, Author at MINING.COM

Avanco Resources to double copper gold resource through acquisition from Xstrata

Brazilian copper developer Avanco Resources (ASX:AVB) said today that it would double the company’s copper gold resources through the acquisition of the Pedra Branca Copper-Gold Project in Brazil's Carajas Mineral Province from Xstrata Copper.

Cecilia Jamasmie | February 20, 2012 | 1:42 pm

Two of the 33 Chilean miners trapped in 2010 back to work

Two of the 33 Chilean miners trapped during 69 days underground in 2010 are back in the mining world, after over a year of vain efforts to find a job, reports local online news site SoyCopiapo.cl.

Cecilia Jamasmie | February 19, 2012 | 11:55 pm

Teck launches billion-dollar bond sale to pay down debt

Canadian miner giant Teck Resources (TSX:TCK.B) has priced a $1 billion, two-part bond deal featuring seven-year and 30-year maturities in the U.S. credit markets, announced late Thursday.

Cecilia Jamasmie | February 17, 2012 | 2:59 pm

Anglo American reports solid 2011 profits thanks to coal and diamonds

London-based giant miner Anglo American PLC (LON:AAL) announced today record $13.3-billion 2011 earnings, a 23% increase in underlying earnings a share and a 14% increase in annual operating profits to $11.1 billion.

Cecilia Jamasmie | February 17, 2012 | 2:08 pm

Xstrata sells two African coal assets

Xstrata, one of the world's largest thermal coal exporters, announced today that it has completed the sale of two Mpumalanga collieries to black economic-empowered (BEE) group Imbawula, for an unrevealed sum.

Cecilia Jamasmie | February 16, 2012 | 2:19 pm

Barrick Gold’s profit growth lower than expected

Barrick Gold Corp. (TSX:ABX), the world’s biggest gold miner, announced that profit slipped in the fourth quarter as the company booked US$153-million in various after-tax charges tied to redundant power assets and its investment portfolio.

Cecilia Jamasmie | February 16, 2012 | 11:41 am

Colombia to attract $2.1 billion in gold-related investments by 2015

Gold mining in Colombia is shining bright as major gold players are expected to invest U.S. $ 2,100 million by 2015, reports local newspaper La Republica.

Cecilia Jamasmie | February 15, 2012 | 5:39 pm

International unionists to march in support of Rio Tinto locked-out Canadian workers

Unionists from around the world will gather in the Canadian city of Alma, Quebec, from March 30 to April 1, to express their support for locked-out Rio Tinto Alcan workers who are fighting to preserve decent jobs, said international unions representatives on Wednesday.

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

Newmont's Peru ambitions take another knock as water authority rejects Yanacocha expansion

Peru’s Conga Mine future in hands of foreign consultants

Peru’s long-running Conga mine dispute moved slightly forward on Tuesday after the government appointed foreign engineers to oversee an independent review of Newmont Mining Corp.'s stalled $4.8 billion gold project, reports La Republica.

Cecilia Jamasmie | February 15, 2012 | 3:17 pm

Golden Predator acquires Brewery Creek gold mining project in Yukon

Canadian junior gold miner Golden Predator Corp. (TSX:GPD) has agreed to buy the Brewery Creek project in the Yukon from Alexco Resource Corp. (TSX:AXR) in a cash-and-stock deal worth about $8 million, announced the company today

Cecilia Jamasmie | February 15, 2012 | 3:06 pm