Cecilia Jamasmie, Author at MINING.COM

Rio Tinto to generate over 2,000 jobs in Western Australia

BC to lead mining jobs creation in Canada: report

British Columbia, Canada's most western province, will employ over 16,700 mining professionals in the next 10 years according to a report released Wednesday by the Mining Industry Human Resources Council (MiHR) in partnership with the BC Mining HR Task Force.

Cecilia Jamasmie | September 26, 2012 | 5:16 pm

Copper dive drags Freeport-McMoRan down

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) was down about 1% this morning as the giant copper producer followed the commodity prices down as a consequence of protests in Spain and Greece renewed fears about the euro zone debt crisis and its drag on global economic growth.

Cecilia Jamasmie | September 26, 2012 | 3:40 pm

Czech Republic may create artificial sea by flooding mining area

The Czech Republic might soon be creating an artificial sea in northern Bohemia by flooding the massive and partly abandoned brown coal mining pits located in the area with salt water from the Baltic Sea.

Cecilia Jamasmie | September 26, 2012 | 2:53 pm

Xstrata closes nickel mine in Australia

Diversified miner Xstrata (LON:XTA) announced Wednesday it is suspending operations at its Cosmos nickel mine in Western Australia, as nickel prices have plummeted dramatically.

Cecilia Jamasmie | September 26, 2012 | 2:13 pm

South African strikes far from over: AngloGold Ashanti closed

AngloGold Ashanti (NYSE:AU) was hit by the mining unrest spreading through South Africa again Tuesday night, as strikers halted all of its operations in the country, which account for 32% of the multinational's total gold production.

Cecilia Jamasmie | September 26, 2012 | 1:36 pm

Scotland turns whisky ‘leftovers’ into biofuel for cars

In what is claimed to be a world first, a Scotland-based independent malt whisky producer will start using bacteria to feed on the "leftovers" from the booze making process in order to produce fuel for cars.

Cecilia Jamasmie | September 25, 2012 | 6:10 pm

North American oil sands market to reach $26 billion this year: report

Indian oil giant said it never offered $5 billion for Canadian oil sands

State-own Indian oil company Oil and Natural Gas Corp. (ONGC) denied Tuesday that, together with two other state-run oil firms, bid $5 billion for a stake in six Canadian oil sands assets owned by U.S. energy giant ConocoPhillips, as several media outlets reported Monday.

Cecilia Jamasmie | September 25, 2012 | 4:56 pm

Rio Tinto sells South African coal assets to Canadian company

If you had any doubts over what mining giant Rio Tinto (ASX, LON:RIO) thinks about coal and small operations, today’s news should make it clear. The Anglo-Australian miner has agreed to sell two minor coal assets in South Africa to Canadian Forbes & Manhattan Coal for $53 million

Cecilia Jamasmie | September 25, 2012 | 4:00 pm

Sberbank of Russia enters the potash business in Belarus

Sberbank of Russia will take part in a project to mine a potash deposit in Belarus, as the financial institution confirmed Tuesday the refinancing of the $1 billion loan issued to the Belarusian company Belaruskali, responsible for one-third of the world’s production of the fertilizer.

Cecilia Jamasmie | September 25, 2012 | 3:06 pm

Caterpillar falls after lowering its outlook for 2015

Shares in Caterpillar Inc (NYSE:CAT), the world's largest earth-moving equipment maker, fell 2.2% after hours as the company cut its 2015 profit outlook. The company warned weaker commodity prices would result in a bigger-than-expected decline in demand, worsened by stage.mining.companies scaling back expansions and shelving major projects.

Cecilia Jamasmie | September 25, 2012 | 1:02 pm