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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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January 26, 2015
10:00 EDTGFIOn The Fly: Analyst Downgrade Summary
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06:39 EDTGFIGold Fields downgraded to Neutral from Overweight at JPMorgan
JPMorgan downgraded Gold Fields to Neutral after adjusting its ratings in the gold space and raised its price target for shares to $6.35 from $5.97.
January 20, 2015
10:06 EDTGFIHigh option volume stocks
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09:07 EDTGFIGold Fields downgraded to Sector Performer from Outperformer at CIBC

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