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Stock Market & Financial Investment News

News Breaks
February 24, 2014
07:48 EDTMDW, ABXMidway Gold formalizes joint venture with Barrick Gold Exploration
Midway Gold (MDW), announces that Barrick Gold Exploration, a unit of Barrick Gold (ABX), has completed its earn-in to a joint venture at the Spring Valley project in Pershing County, Nevada. Barrick notified the company in November 2013 that it had completed expenditures of the $38M required to earn a 70% interest in the project. The companies have now completed formation of the joint venture with Barrick holding a 70% interest and Midway holding a 30% interest. Midway has the option to be carried to production at which point, Midway will retain a 25% interest in Spring Valley.
News For MDW;ABX From The Last 14 Days
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October 15, 2014
08:32 EDTMDWMidway Gold names William Zisch as president and CEO
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October 12, 2014
14:07 EDTABXZambia to increase royalties on open-pit mines, WSJ says
The Finance Ministry of Zambia said it plans to more than triple royalties on open-pit copper mines, says the Wall Street Journal. Mining companies with open-pit mines in Zambia include Canada’s Barrick Gold (ABX) and First Quantum Minerals, added the Wall Street Journal. Reference Link

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