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Stock Market & Financial Investment News

News Breaks
February 19, 2013
05:16 EDTFLR, ABXFluor awarded new mining contracts at Barrick Gold's Pasca-Lama site
Fluor (FLR) announced that the company was awarded a series of follow-on contracts from Toronto-based Barrick Gold (ABX) for new scopes of work at the Pascua-Lama mining project located on the Argentina/Chile border. Fluor booked the undisclosed value into backlog in 4Q12. The new scopes of work included in the award are for overall project management and construction management for the Pascua location on the Chile side of the site, as well as construction management and construction for the Lama location on the Argentina side. The latter two scopes are part of a 50/50 joint venture with Argentinian contractor Techint.
News For FLR;ABX From The Last 14 Days
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May 28, 2015
16:18 EDTFLRFluor-led JV selected as preferred bidder for Bergstrom Expressway in Austin, TX
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May 26, 2015
20:41 EDTFLRJohnson Rice to hold a conference
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10:28 EDTABXBarrick Gold falls on weak gold pricing
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06:15 EDTABXBarrick Gold forms strategic partnership with Zijing Mining Group
Barrick Gold announced that it has formed a strategic partnership with leading Chinese mining company Zijin Mining Group. As a first step, Zijin will acquire 50% of Barrick Limited, or BNL, the company which owns 95% of and manages the Porgera Joint Venture gold mine in Papua New Guinea. In addition, Barrick and Zijin have signed a long-term strategic cooperation agreement which outlines the intent of both companies to collaborate on future projects and joint investments, leveraging the strengths of each company. Zijin and Barrick recognize the significant potential that exists at Porgera. Combining Barrick's experience and track record of operating success in Papua New Guinea with Zijin's strong cost management capabilities will help to unlock the full value of this mine for the benefit of all stakeholders. Zijin will pay $298M in cash for a 50% interest in BNL. The transaction is expected to be completed in the Q3 and is subject to customary closing conditions.
May 25, 2015
12:58 EDTABXBarrick Gold agrees to sell Cowal mine to Evolution Mining for $550M
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May 20, 2015
08:44 EDTFLRFluor shares attractive amid transition to nat gas, says Sterne Agee CRT
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