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Stock Market & Financial Investment News

News Breaks
August 19, 2014
05:27 EDTGFI, BVNGold 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 27, 2016
05:45 EDTGFIGold Fields sees 2015 gold production of 2.16 Moz
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January 26, 2016
10:01 EDTGFIHigh option volume stocks
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09:05 EDTBVNBuenaventura sees FY16 Yanacocha gold production 600,000-650,000 oz
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09:04 EDTBVNBuenaventura reports preliminary Q4 gold production in Yanacocha 211,256 oz
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