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Stock Market & Financial Investment News

News Breaks
April 21, 2014
07:57 EDTNEM, ABXBarrick could resume talks with Newmont as soon as today, WSJ says
After The Wall Street Journal said Friday that talks between Barrick Gold (ABX) and Newmont Mining (NEM) about a potential merger had broken down, the news paper stated in an update last night that Barrick could decide as early as today whether it wants to pursue further discussions, citing a person familiar with the matter. The difficult operating environment and potential savings could make a deal something that must be considered, as people familiar with the matter say the two companies think they could save as much as $1B from synergies, the report said. Reference Link
News For ABX;NEM From The Last 14 Days
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April 12, 2015
14:33 EDTNEMNewmont Mining shares may climb 55%, Barron's says
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13:39 EDTNEMNewmont, Kinross in second-round talks for AngloGold mine, FT says
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April 8, 2015
16:02 EDTNEMNewmont Mining to build first phase of new Long Canyon mine
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April 6, 2015
09:36 EDTABXActive equity options trading on open
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05:54 EDTABXBarrick Gold Chairman open to sell-offs and joint ventures, Financial Times says
Barrick Gold is set to open a range of asset sales and joint ventures as it looks to cut its debt by $3B, reports the Financial Times. Chairman John Thornton said in an interview that he could imagine Barrick Gold ceding operational control of some assets while bringing long-term investors into a group of its mines as minority partners. Reference Link

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