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Stock Market & Financial Investment News

News Breaks
April 23, 2014
07:35 EDTFWLT, AUFoster Wheeler awarded contract for AngloGold mine
Foster Wheeler AG (FWLT) announced that a subsidiary of its Global Engineering and Construction Group has been awarded a contract for basic engineering for the Squaw Gulch ADR2 project, a new adsorption, desorption and recovery facility at AngloGold Ashanti’s (AU) Cripple Creek and Victor Gold Mining Company’s site in Teller, Colorado, U.S. Foster Wheeler's contract value was not disclosed and will be included in the company's first-quarter 2014 bookings. Foster Wheeler’s scope of work is scheduled for completion in the third quarter of 2014.
News For FWLT;AU From The Last 14 Days
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February 24, 2015
09:47 EDTAUAngloGold upgraded to Buy from Neutral at Goldman (pre-open)
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February 23, 2015
05:19 EDTAUAngloGold sees FY15 production 4.0Moz-4.3Moz
Production guidance for FY15 is now between 4.0Moz-4.3Moz, reflecting the sale of the Navachab mine, reduction in production from Mali, cessation of underground production at Obuasi, only partially offset by the ramp-up in production from Cripple Creek & Victor starting after Q1. Total cash costs are now anticipated to be $770/oz-$820oz. AISC are forecast at $1,000/oz to $1,050/oz. Capital expenditure for FY15 are expected to be $1B-$1.1B. Corporate costs are now forecast at approximately $95M-$110M for the year, and Expensed exploration and study costs are forecast at $155M-$175M. Depreciation and amortization are expected to be $860M, while the cash flow impact of interest charges is expected at $240M.
05:16 EDTAUAngloGold sees Q1 production 900,000oz-940,000 oz
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05:15 EDTAUAngloGold reports Q4 production 1.16Moz
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February 19, 2015
15:34 EDTAUAngloGold seeking partners, buyers for assets in Americas, WSJ says
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15:05 EDTAUAngloGold hires banks to find partners, buyers for assets, DJ reports
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