Cecilia Jamasmie , Senior Editor

Australian government eliminates mining tax

The announcement was part of the Federal Budget unveiled Tuesday night, considered the toughest in almost two decades.

Cecilia Jamasmie | May 14, 2014 | 3:00 pm

Turkey mine explosion: Over 230 dead, smoke hindering rescue efforts

Fire is still blazing inside the mine, 18 hours after the blast, and hundreds remain trapped underground.

Cecilia Jamasmie | May 14, 2014 | 12:07 pm

This is what a $16.3 million yellow diamond looks like

The "Graff Vivid Yellow” diamond, one of the world’s largest cut precious gems of any colour, fetched Tuesday an astronomical $16.3 million at Sotheby’s Geneva auction.

Cecilia Jamasmie | May 14, 2014 | 12:01 am

Former Aussie coal magnate stages major comeback with $150m acquisition

Nathan Tinkler, the Australian electrician turned mining entrepreneur, has bought Peabody Energy’s Wilkie Creek mine in Queensland.

Cecilia Jamasmie | May 13, 2014 | 6:58 pm

20 dead and hundreds trapped after explosion in Turkish coal mine

The accident was triggered by an explosion in a power distribution unit, which caused the mine's elevator to stop working.

Cecilia Jamasmie | May 13, 2014 | 4:16 pm

CAT proves new B15 smartphone resilience by running it over with heavy machinery

While average in terms of capacity and other features, users surely won’t buy it for the specs, but for what Cat shows in this video.

Cecilia Jamasmie | May 13, 2014 | 2:56 pm

Northern Star to become Australia’s No.2 gold producer after acquiring Jundee mine

Jundee is expected to lift Northern Star's production from about 350,000 ounces a year to about 550,000 ounces a year by 2015.

Cecilia Jamasmie | May 13, 2014 | 1:01 pm

Two workers killed in West Virginia coal mine accident

The accident occurred at Patriot Coal's Brody Mine No. 1, in the southwestern part of the state.

Cecilia Jamasmie | May 13, 2014 | 10:14 am

BHP Billiton ready to offload Guinea iron ore stake

World's No. 1 steelmaker, ArcelorMittal, said to be the most likely buyer of BHP's stake in Mount Nimba.

Cecilia Jamasmie | May 12, 2014 | 7:12 pm

Mining CEO arrested, India’s multimillion dollar coal mine contract in jeopardy

Australia’s largest construction company warns its Indian sudsidiary might lose a multimillion dollar contract to develop and operate the $5.5 billion Pakri Barwadih coal mine.

Cecilia Jamasmie | May 12, 2014 | 5:53 pm

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