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Stock Market & Financial Investment News

News Breaks
July 7, 2014
06:34 EDTFCX, ABXFreeport McMoRan looks to sell Candelaria copper mine in Chile, WSJ reports
Freeport-McMoRan (FCX) is looking to sell its Candelaria copper mine in Chile, the Wall Street Journal reports. According to sources, an asset sale that could raise several billion dollars, adding that the mine has attracted interest from Margris Resources, a mining-investment vehicle headed by former Barrick Gold (ABX) CEO Aaron Regent. Reference Link
News For FCX;ABX From The Last 14 Days
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September 17, 2014
06:43 EDTABXNewmont head says concentrating on operations, not Barrick, Reuters says
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September 16, 2014
07:41 EDTABXDenver Gold Group to hold a forum
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September 15, 2014
09:59 EDTABXOn The Fly: Analyst Upgrade Summary
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06:23 EDTABXBarrick Gold upgraded to Neutral from Underweight at HSBC
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September 11, 2014
08:39 EDTFCXFreeport McMoRan to purchase non-core assets from Quaterra for $5M
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September 8, 2014
16:00 EDTABXOptions Update; September 8, 2014
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September 5, 2014
09:35 EDTABXActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL GILD TSLA YHOO WFM SLW ABX GOOG FB BIDU
September 3, 2014
14:41 EDTFCXFreeport McMoRan sells Kinetics Climax division for $55M
Dynacast International announced that Dynacast, a wholly-owned subsidiary of the company, entered into a definitive agreement to acquire 100% of the outstanding equity of Kinetics Climax. Kinetics is a wholly-owned subsidiary of Climax Engineered Materials, a Freeport-McMoRan Inc. company. Pursuant to the Stock Purchase Agreement, or SPA, executed on August 27, the purchase price payable to Climax upon closing of the acquisition is $55M less debt and transaction expenses and will be subject to a post-closing working capital adjustment. The SPA also provides for a cash earn-out payment, not to exceed $15M, based on the financial performance of Kinetics through December 31, 2015. The transaction, which is subject to customary closing conditions, is expected to close on or about September 30.

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