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Stock Market & Financial Investment News

News Breaks
August 19, 2014
05:27 EDTBVN, GFIGold Fields sells 51% stake in Chucapaca Project to Buenaventura for $81M
Gold Fields (GFI) has agreed to sell its 51% stake in Canteras del Hallazgo S.A.C., or CDH, the company that manages the Chucapaca project in southern Peru, to its joint venture partner in the project, Compañía de Minas Buenaventura S.A.A. (BVN). Buenaventura previously owned 49% in CDH. The agreed sale price is $81M, to be paid by Buenaventura concurrently with the execution of the agreement, and a 1.5% net smelter royalty on future sales of gold, copper and silver produced in the current Chucapaca concession.
News For GFI;BVN From The Last 14 Days
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April 20, 2015
13:24 EDTGFINewcrest, Hecla, Gold Fields bid for Barrick mine, WSJ says
Newcrest (NCMGY), Hecla (HL), Gold Fields (GFI), and Evolution Mining have advanced to the second round of bidding for Barrick Gold's (ABX) Cowal mine in Australia, reports the Wall Street Journal, citing two sources familiar with the matter. One of the sources noted that the mine could be worth as much as $700M. Reference Link
April 14, 2015
11:42 EDTGFIGold Fields sees Q1 attributable gold equivalent production about 501,000 ounces
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07:08 EDTGFIDenver Gold Group to hold a forum
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