Cecilia Jamasmie, Author at MINING.COM

BHP merging embattled aluminum and nickel divisions

BHP Billiton (NYSE:BHP) added to market rumors that its nickel business is not relevant for the miner anymore by announcing yesterday it had merged the stainless steel materials unit with another struggling division: aluminum.

Cecilia Jamasmie | May 10, 2012 | 12:18 pm

Canadian Teck Resources shows renewed interest for the iron ore industry

Canadian miner giant Teck Resources Ltd. (NYSE:TCK, TSX:TCK.B) is interested in entering the iron ore industry and would seek to acquire a producing asset rather than develop a mining project, chief executive Don Lindsay told Bloomberg yesterday at the Canada Economic Summit, in Toronto.

Cecilia Jamasmie | May 9, 2012 | 3:34 pm

Anglo American Platinum to adopt fuel cell locomotive

Anglo American Platinum (Amplats), the world’s largest platinum producer, launched today the first of five fuel cell-powered locomotive prototypes to be tested at its mining operations in South Africa.

Cecilia Jamasmie | May 9, 2012 | 2:51 pm

Doctor Glencore predicts ‘healthy’ demand for raw materials

Swiss commodities trader Glencore International PLC (LON:GLEN) painted a rosy outlook for the worldwide demand for raw materials this year, as China and the U.S. help offset the impact of the slump in Europe.

Cecilia Jamasmie | May 9, 2012 | 2:15 pm

Collapse in Canadian mining deals in midst of global uncertainty

While 2011 was a near-record year for mining mergers and acquisitions (M&A), with over 2,600 deals worth $149 billion in the global mining sector, 2012 is not looking so good, at least not for Canada. The value of mining M&A tumbled 50% in the first quarter compared to the prior three months, with only one deal over $1 billion, said KPMG in a report.

Cecilia Jamasmie | May 9, 2012 | 12:56 pm

‘Martian Pink’ diamond expected to fetch more than $8 million

"Martian Pink," the biggest pink diamond ever to appear at an auction, is expected to fetch more than $8 million dollars when it is sold at Christie's Magnificent Jewels Spring Sale on May 29 in Hong Kong, reports KeycTV.

Cecilia Jamasmie | May 8, 2012 | 6:47 pm

Dinosaur intestinal gases possible cause of Prehistoric global warming

Forget about carbon emissions and greenhouse gases (GHGs) emitted by humans. Sauropods — the long-necked, long-tailed dinosaurs that included some of the largest terrestrial animals ever known— could have been the first to warm the Earth's climate thanks to their massive amounts of methane-producing flatulence, says Tuesday's edition of Current Biology.

Cecilia Jamasmie | May 8, 2012 | 3:45 pm