Cecilia Jamasmie, Author at MINING.COM

Chinese band sold $4.2 billion in fake gold jewellery to Shanghai pawn shops

Chinese gang caught selling fake gold jewellery to Shanghai pawn shops

Members of a Chinese band that sold silver jewellery covered in a thin layer of gold in Shanghai, causing eight local pawn shops lose about $4.2 billion, were charged Wednesday with contract fraud.

Cecilia Jamasmie | November 21, 2012 | 7:12 pm

Gold Fields weighs alternatives for Peru’s Chucapaca mine

South African miner Gold Fields (NYSE, JSE:GFI) revealed its initial plan to develop a gold deposit into an open-pit mine in southern Peru isn't feasible.

Cecilia Jamasmie | November 21, 2012 | 6:21 pm

Nickel miner Talvivaara re-starts plant after radioactive leak

Nickel producer Talvivaara (LON:TALV) said Wednesday authorities have allowed it to re-start the metals recovery plant at its Sotkamo nickel and zinc mine in eastern Finland.

Cecilia Jamasmie | November 21, 2012 | 5:34 pm

Petronas new Progress takeover offer gives CNOOC fresh hopes on Nexen

China’s bid for Nexen may get a boost if a Malaysian company successfully acquires Canada-based Progress Energy Resource Corp.

Cecilia Jamasmie | November 21, 2012 | 3:45 pm

Shift work miners ill, exhausted and depressed: report

Shift miners ill, exhausted and depressed: report

A new study led by Australia’s Griffith University has found shift miners working long hours are more likely to suffer from depression, fatigue and a wide range of illnesses.

Cecilia Jamasmie | November 21, 2012 | 2:25 pm

Areva to resume test drilling for uranium in Nunavut

MMG submits proposal for Canadian Arctic zinc-copper mine

China-backed metals producer Minerals and Metals Group (MMG) might be the new kid on the Canadian Arctic block, but it is already moving ahead with its plans to build mines in Nunavut in the next six years.

Cecilia Jamasmie | November 20, 2012 | 7:52 pm

Mining CFOs more pessimist than the rest of Canada’s financial officers

Mining CFOs more pessimistic than the rest of Canada’s financial officers

A lot gloomier than any other Canadian chief financial officer (CFO) are those executives working for stage.mining.companies, reveals industry-specific data published Tuesday by GE Capital as part of its Bi-Annual Mid-Market CFO Survey.

Cecilia Jamasmie | November 20, 2012 | 6:46 pm

Tiffany lends Diamcor $4 million to expand diamond project in South Africa

Canadian diamond supplier Diamcor Mining Inc. (TSX-V.DMI) has secured an additional $4 million loan from its long-term strategic alliance partner Tiffany & Co., to expand the Krone-Endora diamond project in South Africa.

Cecilia Jamasmie | November 20, 2012 | 5:25 pm

Glenstrata, the new mining king, is born

In what shouldn’t come as a surprise for those following the recent events related to the touted and long delayed $66 billion merger between diversified miner Xstrata (LON:XTA) and commodity trader giant Glencore International (LON:GLEN), the Swiss company's shareholders have approved the deal.

Cecilia Jamasmie | November 20, 2012 | 4:30 pm

Anti oil sands protest blocks Canada-EU Energy Summit in London

A group of activists performing what they called an “oil orgy” protest interrupted the Canada Europe Energy Summit, at Canada House, in London Tuesday morning.

Cecilia Jamasmie | November 20, 2012 | 4:05 pm