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Cecilia Jamasmie , Senior Editor

Posts by Cecilia Jamasmie:

‘King of mining’ to appeal charge of market abuse

Ian Hannam, better known as the "king of mining" after advising on some of the biggest deals in the past two decades, including BHP's London listing through its merger with Billiton, is fighting to save his reputation.

Cecilia Jamasmie | April 4, 2012 | 3:37 pm

Doe Run submits new proposal to Peru’s Government to restart operations at La Oroya

Peru's Minister of Energy and Mines Jorge Merino Tafur said the government is working hard on creating social programs for the communities and towns of La Oroya, which has been severely affected by the closure of Doe Run’s metallurgical complex three years ago.

Cecilia Jamasmie | April 4, 2012 | 2:42 pm

U.S. mining regulator tightens coal mines safety rules

As families and friends of dead miners mark the second anniversary of the Upper Big Branch Mine disaster in West Virginia on April 5, the U.S. Mine Safety and Health Administration announced it would issue its final set of rules for inspecting underground coal mines on Friday.

Cecilia Jamasmie | April 4, 2012 | 1:19 pm

BHP Australia coal mines vote to continue strike

Australian coal mines owned by BHP Billiton (ASX:BHP) and Mitsubishi Development Pty Ltd (TYO:8058) in the Bowen Basin area voted to resume their strike, momentarily stopped this morning, right after Easter.

Cecilia Jamasmie | April 4, 2012 | 12:38 pm

Royal Bank of Canada sued for ‘wash trading’

The U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Canada's Royal Bank (TSX:RY) yesterday, saying it engaged in hundreds of millions of dollars in sham futures trades to reap tax benefits on its holdings of company stocks.

Cecilia Jamasmie | April 3, 2012 | 2:49 pm

Barrick Gold’s Porgera mine resumes operations

Operations at Barrick's Porgera open pit gold mine, in Papua New Guinea, resumed this morning after the government decided to send troops to the site last week, under a troop call-out order from 2009 still in effect.

Cecilia Jamasmie | April 3, 2012 | 2:09 pm

African Barrick Gold hikes Tanzanian Nyanzaga resource

London-listed African Barrick Gold (LON:ABG) reported increasing confidence in its Nyanzaga project, in Tanzania and said that the project has the potential to become its next mine in the country.

Cecilia Jamasmie | April 3, 2012 | 1:36 pm

Firestone Energy rejects offer for Waterberg coal mine stake

Firestone Energy Limited (ASX/JSE:FSE) rejected today an offer from Tata Power to invest in a joint venture with Sekoko Resources to develop a coal mine in the Waterberg area of South Africa, saying the offer under-valued the assets.

Cecilia Jamasmie | April 3, 2012 | 1:17 pm

Inca Peruvian Mining's new processing plant may reduce production costs by 50%

HudBay says Constancia copper mine will cost $1.5 billion

Canadian base-metals miner Hudbay Minerals (TSX:HBM)(NYSE:HBM), rose the capital cost estimated of its giant Constancia copper project in Peru by about 50% to $1.5 billion, mentioning both scope changes and inflation as reasons.

Cecilia Jamasmie | April 3, 2012 | 12:52 pm

C$25 billion to improve Canada’s Asian trading opportunities

Christy Clark, the Premier of Canada’s British Columbia unveiled details of a C$25 billion public and private sector plan to expand trade with Asia, by improving the province's transportation system.

Cecilia Jamasmie | April 3, 2012 | 12:29 pm

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Silvercorp acquisition of Adventus hits roadblock

Lawsuit challenging the environmental permit for the target company’s project in Ecuador emerges as bone of contention.

Cecilia Jamasmie | July 10, 2024 | 12:13 pm