Cecilia Jamasmie, Author at MINING.COM

Canadian miners to face triple whammy in 2013: higher costs, lower ore grades and global uncertainty

Study suggests companies to invest now and so ensure they can fulfill future global demand for commodities.

Cecilia Jamasmie | November 30, 2012 | 7:17 pm

Canada’s coal port expansion plans anger activists

Canada’s coal port plans anger activists

Climate change activists are calling for a halt in Canada’s plans to build a new coal export terminal on British Columbia’s Fraser River and expand an existing one in North Vancouver.

Cecilia Jamasmie | November 30, 2012 | 5:24 pm

Lucara gets $4.5 million for rare blue diamond

Canada's Lucara Diamond Corp. (TSX:LUC) sold a 9.46-carat blue diamond for $4,515,000 or $477,272 per carat as part of a diamond sale this week.

Cecilia Jamasmie | November 30, 2012 | 4:56 pm

Mining giants seek world’s second-largest undeveloped copper mine

Vale (NYSE:VALE), Teck (NYSE:TCK) and Freeport-McMoRan (NYSE:FCX) are some of the names analysts are throwing into the pot as the next likely bidders for Inmet MiningCorp. (TSX:IMN), which owns the world’s second-biggest undeveloped copper deposit, in Panama.

Cecilia Jamasmie | November 30, 2012 | 4:26 pm

Cameroon a step closer to have $4.7 billion iron ore mine

Cameroon a step closer to $4.7 billion iron ore mine

Australian Sundance Resources (ASX: SDL) announced Friday it has signed a contract with the government of Cameroon, which paves the way for a mining permit and the beginning of construction of the $4.7 billion Mbalam iron ore project, straddling the border with the Democratic Republic of Congo.

Cecilia Jamasmie | November 30, 2012 | 3:06 pm

Lynas gets Malaysia rare earths plant going

Lynas gets Malaysian rare earths plant going

After months of polemic and legal battles, Australian rare earths miner Lynas (ASX:LYC) has finally begun production at its Malaysian processing plant following a recent court triumph.

Cecilia Jamasmie | November 30, 2012 | 11:23 am

U.S. sanctions crossed out gold-for-gas trade between Iran and Turkey: report

Turkey says Iran buys gold to evade U.S. sanctions

Turkey's deputy minister said on Thursday that Iran has evaded U.S. economic sanctions in the last six months by using Turkish payments for energy to import gold.

Cecilia Jamasmie | November 29, 2012 | 6:20 pm

INFOGRAPHIC: A century of exploration and mining in BC

To celebrate AME BC’s (Association of Mineral Exploration BC) 100th anniversary, the folks at Visual Capitalist put together this infographic, which looks at how the sector has evolved in the region over the last century.

Cecilia Jamasmie | November 29, 2012 | 5:26 pm

Gold Fields spins off most troubled South African mines

South Africa’s Gold Fields (NYSE:GFI) the world’s 4th largest miner, announced Thursday it would spin off two of its more troubled operation into a new company, Sibanye Gold.

Cecilia Jamasmie | November 29, 2012 | 4:52 pm

Cost inflation to eat miners’ results in 2013

The rise of mining costs will have a more dramatic impact on the 2013 industry results than in the last couple of years, revealed Thursday global ranking agency Fitch Ratings.

Cecilia Jamasmie | November 29, 2012 | 3:04 pm