Cecilia Jamasmie , Senior Editor

Baja Mining only has enough money for Boleo project for two more weeks

The Canadian mining company continues to struggle with cost overruns at its flagship Boleo mine in Mexico, the company has not yet received any funding proposals for the project and only has enough money to run it until August 1.

Cecilia Jamasmie | July 13, 2012 | 2:55 pm

Nobody can stop South Africa’s gold output collapse

South Africa's gold output continues to fall, dropping a further 2.9% in May. The last time the country's mines produced this little, the nation was still ruled by the Queen of England.

Cecilia Jamasmie | July 13, 2012 | 2:28 pm

Xstrata workers paint trucks blue to fight cancer

Workers at Xstrata's Mt. Owen coal mine in Australia painted their haul trucks blue in a crusade to raise awareness and funds for prostate cancer research.

Cecilia Jamasmie | July 13, 2012 | 1:32 pm

Anglo’s $3 billion copper mine in Peru is a go

Despite the recent deadly and divisive disputes over mining projects in Peru, London-based mining giant Anglo American got the green light from the regional government of Moquegua for its $3 billion Quellaveco copper mine.

Cecilia Jamasmie | July 13, 2012 | 1:10 pm

Planetary Resources and Virgin Galactic partner up for payload services

Space mining start-up Planetary Resources has announced that it has partnered with Virgin Galactic in the quest to explore asteroids for minerals.

Cecilia Jamasmie | July 12, 2012 | 3:06 pm

Here we go again: Anglo, Codelco talks extended

London-based Anglo American and Chile's state-owned Codelco have not come to an agreement, said the world’s largest copper producer Thursday, instead they have agreed to extend the talks until mid August.

Cecilia Jamasmie | July 12, 2012 | 2:30 pm

Largest pink diamond ever discovered goes on display

The largest pink diamond ever discovered, an 8.01 carat sparkler found earlier this year at Rio Tinto’s Argyle mine, in Western Australia, went on permanent display in a Melbourne museum Thursday morning.

Cecilia Jamasmie | July 12, 2012 | 2:00 pm

UPDATED-Seven killed after plane chartered by Kinross Gold crashes in Mauritania

Seven people were killed Thursday when a military plane chartered by Canada's Kinross Gold Corp. crashed during takeoff in the Mauritanian capital Nouakchott, an army source told AFP.

Cecilia Jamasmie | July 12, 2012 | 1:08 pm

Rio Tinto CFO steps down, major shakeup follows

Rio Tinto's long-standing Chief Financial Officer, Guy Elliott, will retire at the end of 2013 announced the miner on Thursday, along with a few other senior management changes.

Cecilia Jamasmie | July 12, 2012 | 12:52 pm

Chile’s largest open pit copper mine goes underground

Chile’s largest open pit copper mine, Chuquicamata, has officially started its conversion towards underground mining. The project will cost Codelco over $2 billion in the preliminary phase but will substantially increase production and extend the mine's lifespan.

Cecilia Jamasmie | July 12, 2012 | 10:17 am

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