Cecilia Jamasmie, Author at MINING.COM

Copper at a six month low after fears resurface about Chinese economy

Copper dropped sharply on Friday after China's decision to cut interest rates suddenly revived fears of a slowdown in the world's second largest economy.

Cecilia Jamasmie | June 8, 2012 | 4:32 pm

Dominican Republic: Sandy beaches, turquoise water and $58 billion waiting to be extracted

The Dominican Republic is soon to become more than just a sunny destination. Data published by the country’s geology society claim the Central American nation is sitting on nearly $58 billion of unexplored reserves of minerals and metals.

Cecilia Jamasmie | June 8, 2012 | 3:40 pm

Canadian government of Nunavut allows uranium mining

Announced yesterday, the government of Nunavut is in favour of uranium mining on the condition that the radioactive ore be used for peaceful and environmentally responsible purposes only.

Cecilia Jamasmie | June 8, 2012 | 1:49 pm

Indonesia denies plans to tax coal exports

Energy and Mineral Resources Minister Jero Wacik has denied any plans to tax thermal coal exports after hinting at the move last May.

Cecilia Jamasmie | June 8, 2012 | 11:54 am

Diamond miner Harry Winston first quarter profit sparkles

Diamond miner and retailer Harry Winston (TSX: HW) (NYSE:HWD) says its earnings for the first quarter of fiscal 2013 tripled to $11.6 million, as sales in both its rough diamond and luxury goods segments had more lustre than a year earlier.

Cecilia Jamasmie | June 7, 2012 | 4:39 pm

Coeur d’Alene Mines to repurchase shares

Silver and gold producer Coeur d’Alene Mines Corp (NYSE:CDE) (TSX:CDM) said on Thursday it had authorized a share buyback program of up to $100 million of the company’s common equity.

Cecilia Jamasmie | June 7, 2012 | 4:26 pm

Not enough R&D threatens future of oil sands

With the shift in research and development (R&D) policies – more grants and fewer tax breaks – announced in March by Finance Minister Jim Flaherty, the latest report from Deloitte & Touche LLP says Canada is putting the future of its oil sands industry at risk.

Cecilia Jamasmie | June 7, 2012 | 3:19 pm