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Stock Market & Financial Investment News

News Breaks
March 1, 2014
13:17 EDTABXBarrick Gold completes divestiture of Kanowna in Australia
Barrick Gold announced it has completed the divestiture of its interest in the Kanowna Belle and Kundana mine operations in Western Australia to Northern Star Resources for total cash consideration of A$75M, subject to certain closing adjustments. As part of its portfolio optimization program, since mid-2013 Barrick has announced divestitures of high cost and non-core assets for total consideration of almost $1B, strengthening the overall quality of the company's portfolio.
News For ABX From The Last 14 Days
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October 12, 2014
14:07 EDTABXZambia to increase royalties on open-pit mines, WSJ says
The Finance Ministry of Zambia said it plans to more than triple royalties on open-pit copper mines, says the Wall Street Journal. Mining companies with open-pit mines in Zambia include Canada’s Barrick Gold (ABX) and First Quantum Minerals, added the Wall Street Journal. Reference Link

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