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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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October 1, 2015
06:20 EDTABX, NEMBarrick adviser: Not in talks with Newmont on gold mine stake sale, Reuters says
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September 29, 2015
17:05 EDTABXRoyal Gold closes Pueblo Viejo Stream transaction with Barrick Gold subsidiary
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September 25, 2015
07:54 EDTABXBarrick Gold says Veladero processing restrictions lifted
Barrick Gold announced that restrictions on processing activities at the Veladero mine in San Juan province, Argentina, have been lifted. A local court previously restricted the addition of new reagents to the mine's heap leach circuit following the failure of a valve on a pipe carrying cyanide solution at the leach pad, which led to a release of solution. Barrick does not anticipate any material impact to production at Veladero as a result of this incident.

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