Cecilia Jamasmie , Senior Editor

Chinese diamond mogul funding Mugabe’s military: report

A Chinese magnate, benefiting from his access to diamonds in Zimbabwe, is reported to have ploughed $100 million into the country’s Central Intelligence Organisation to fund covert operations against Mugabe's political opposition.

Cecilia Jamasmie | June 26, 2012 | 2:46 pm

Ivanhoe Australia cuts 50 jobs to $10 million

Copper and gold focused Ivanhoe Australia announced Tuesday that it will cut 50 jobs from its Queensland operations to save around $10 million.

Cecilia Jamasmie | June 26, 2012 | 1:17 pm

Barrick Gold appoints rival Agnico-Eagle CFO to boost stock price

The world’s largest gold company, Barrick Gold, has rehired a former member of its financial team to fill a senior management spot generated when it dumped former chief executive Aaron Regent in hopes of restoring its stock price.

Cecilia Jamasmie | June 26, 2012 | 12:41 pm

Coal prices sink again as Chinese storage yards near capacity

Analysts are now saying that the world's second largest economy may not be the "long-term structural importer of thermal coal" suppliers have been betting on.

Cecilia Jamasmie | June 25, 2012 | 3:18 pm

Rio Tinto makes first coal shipment‎ from Mozambique

Giant miner Rio Tinto said Monday that it has started exporting premium hard coking coal from its Mozambique Benga Mine, its first shipment of 34,000 tons has left the Port of Beira and is bound for an Indian steel mill.

Cecilia Jamasmie | June 25, 2012 | 1:22 pm

Coeur d’Alene evaluating Argentina mine, offers $350m in senior notes

US-based precious metals producer Coeur d'Alene Mines Corp said Monday it would evaluate strategic and operational alternatives for its silver and gold Martha mine in Argentina to reduce its high operating costs during the rest of the mine’s short expected life.

Cecilia Jamasmie | June 25, 2012 | 1:06 pm

Anglo and Codelco like the boy who cried wolf: dispute deadline moved to July 17

London-based Anglo American and Chile's state-owned Codelco did not came to an agreement on Friday over disputed copper assets which has had the miners engaged in a bitter legal confrontation for months.

Cecilia Jamasmie | June 25, 2012 | 12:47 pm

Chile divided over lithium privatization

Chile’s government decision to privatize the country’s lithium, announced last week, has the country immersed in a heated debate over who has the right to exploit the vast reserves of the so called “white gold” mineral.

Cecilia Jamasmie | June 22, 2012 | 4:12 pm

Peru tries solving Xstrata’s conflict to stop mining investments from falling

Peruvian authorities met Thursday with representatives of the town of Espinar in southern Peru, to resolve a conflict between the community and Xstrata’s Tintaya copper mine, which they accuse of polluting their land and water supplies.

Cecilia Jamasmie | June 22, 2012 | 2:01 pm

Colombia goes ‘all in’ setting aside 17.6 million hectares for mining

The lands will be open for mining licenses, but a majority of them are in protected zones, so officials would have to carefully pick specific regions to auction.

Cecilia Jamasmie | June 22, 2012 | 11:49 am

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