Cecilia Jamasmie, Author at MINING.COM

Pele Mountain waves gold goodbye to focus on rare earths and uranium

Canadian rare earth explorer Pele Mountain Resources Inc. (TSX-V:GEM)(OTCQX:GOLDF) announced today that it has entered into a binding agreement to sell its Highland Gold projects to a wholly owned subsidiary of Prodigy Gold Inc. (TSX-V:PDG) for US$1.8 million.

Cecilia Jamasmie | April 17, 2012 | 4:35 pm

Canadian Rockwell Diamonds reports 77% increase in production

Canadian junior Rockwell Diamonds (TSX & JSE: RDI) reported today a 77% year-on-year increase in diamond production for the fourth quarter ended February 2012.

Cecilia Jamasmie | April 17, 2012 | 3:13 pm

Iron ore shipping rates to continue to climb

BHP Billiton to start work on its Port Hedland outer harbour this week

BHP Billiton will begin working on its ambitious Port Hedland outer harbour project this Friday, the first step of Western Australia’s biggest dredging plan, which it will cost the miner at least $10 billion.

Cecilia Jamasmie | April 17, 2012 | 2:48 pm

Harry Winston reports a 19% increase in production at its Diavik mine

Luxury jeweler and watchmaker Harry Winston Diamond Corp said today that production at its Diavik mine in Canada's Northwest Territories was up about 19% in the first quarter on improved grades.

Cecilia Jamasmie | April 17, 2012 | 1:38 pm

Mining companies to benefit from updated FTA between Canada and Chile

Canadian Prime Minister Stephen Harper and Chilean President Sebastian Piñera signed yesterday an agreement to upgrade the free trade deal between their two nations, which will benefit several miners with presence or planning to explore in the South American country.

Cecilia Jamasmie | April 17, 2012 | 12:59 pm

Newmont's Peru ambitions take another knock as water authority rejects Yanacocha expansion

Key report for Newmont’s $4.8 billion Conga gold project now expected tomorrow

Peru’s long-running Conga mine dispute is about to reach a turning point as international consultants appointed by the government in February are expected to deliver their report on the viability of proposed water for Newmont Mining (NYSE:NEM) and Buenaventura’s US$4.8 billion copper-gold project tomorrow.

Cecilia Jamasmie | April 16, 2012 | 7:02 pm

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Unheard of mineral discovered in a cave in Spain

A team of researchers from the Geological Survey of Spain and the Complutense de Madrid University has discovered a new mineral, the zaccagnaita-3R, in a cave known as “The Soplao,” located in the historical northern region of Cantabria.

Cecilia Jamasmie | April 16, 2012 | 6:33 pm

U.S. Defense Department undervaluing importance of rare earths for national security: report

The U.S. Defense Department needs to realize the dangerous consequences a potential lack of domestic rare earths may have on the U.S. weapon industry, suggests a latest study by the Congress released last week.

Cecilia Jamasmie | April 16, 2012 | 4:10 pm

Anglo American and Xstrata among four companies accused of environmental violations in Australia

Anglo American (LON:AAL) and Xstrata (LON:XTA) coal mines are among the four operations being investigated over probable environmental violations, after they were accused of discharging contaminated water into the Fitzroy River, located in the North East state of Queensland, Australia.

Cecilia Jamasmie | April 16, 2012 | 2:44 pm