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Stock Market & Financial Investment News

News Breaks
November 30, 2012
07:25 EDTAAUKY, ABXAnglo American could name CEO in mid-January, WSJ reports
The Wall Street Journal reports that Anglo American (AAUKY) could announce a new CEO as early as mid-January. Possible candidates for the CEO role include former Barrick Gold (ABX) CEO Aaron Regent, Mark Cutifani, CEO of AngloGold Ashanti and Chris Griffith, CEO of Anglo's platinum division. Reference Link
News For AAUKY;ABX From The Last 14 Days
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April 13, 2014
16:12 EDTAAUKYAnglo American pursues compensation from Venezueala, Reuters says
Anglo American is pursuing compensation from Venezuela over the 2012 cancellation of mining concessions by late president Hugo Chavez's government, says Reuters. Reference Link
April 4, 2014
14:21 EDTABXBarrick Gold completes Nevada asset divestiture
Barrick Gold (ABX) announced it has completed the divestiture of its minority interest in the Marigold mine in Nevada to Silver Standard Resources (SSRI) for total cash consideration of $86M, subject to certain closing adjustments. Barrick had previously held a 33.3% interest in Marigold, with the remaining 66.7% interest owned by the operator, Goldcorp (GG).
13:58 EDTABXGoldcorp completes sale of Marigold mine
Goldcorp (GG) announced that the company and their joint venture partner Barrick Gold (ABX) have completed the sale of their respective interests in the Marigold mine in Humboldt County, Nevada to Silver Standard (SSRI). Total consideration paid at closing to Goldcorp and Barrick was $275M. Marigold was a joint venture operation between Goldcorp who was the operator and 66.7% partner and Barrick who was the 33.3% partner.

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