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Stock Market & Financial Investment News

News Breaks
March 10, 2014
13:01 EDTABXBarrick Gold to divest part of African Barrick Gold plc Holding
Barrick Gold announces its intention to divest part of its shareholding held indirectly in African Barrick Gold plc. The disposal will be conducted by means of a placing of ABG ordinary shares to institutional investors. The Placing is expected to comprise approximately 41M ABG ordinary shares, representing approximately 10% of the issued ordinary share capital of ABG and approximately 13.5% of Barrick's holding in ABG. The Placing is being conducted through an accelerated bookbuild offering process which will be launched immediately following this announcement. A further announcement will be made following completion of the bookbuild and pricing of the Placing. Barrick has appointed UBS Limited, J.P. Morgan Securities and RBC Europe Limited to act as joint bookrunners and placing agents in relation to the Placing. The Placing Shares shall, in all respects, rank pari passu with ABG's ordinary shares.
News For ABX From The Last 14 Days
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March 24, 2015
07:28 EDTABXGold Fields may be bidder in potential $1B Barrick Gold auction, AFR says
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March 23, 2015
14:36 EDTABXBarrick Gold says Chile court rejects claims Pascua-Lama damaged glaciers
Barrick Gold announced Chile's Environmental Court has ruled that the Pascua-Lama project has not damaged glaciers within the project's area of influence. "The Pascua-Lama team is focused on resolving the project's outstanding legal and regulatory hurdles, completing a new execution plan to optimize remaining construction activities and minimizing ongoing project costs," the company said.
March 20, 2015
06:00 EDTABXAgnico Eagle names former Barrick Gold CFO Ammar Al-Joundi as president
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