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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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July 22, 2014
06:48 EDTABXInvestors cautious after Barrick leadership shakeup, Reuters says
Barrick Gold shareholders are reacting cautiously to the firm's recent management shakeup due to concerns that they might be given the cold shoulder by an imperious leadership, according to Reuters, citing comments from company spokesman Andy Lloyd. Barrick CEO Jamie Sokalsky will be replaced by two co-presidents after he leaves in September. Reference Link
July 18, 2014
15:18 EDTABXGoldcorp showed interest in Newmont Ghana mines, Bloomberg says
Goldcorp (GG) showed interest in potentially buying gold mines in Africa from Newmont Mining (NEM) while the latter was in merger talks with Barrick Gold (ABX) earlier this year, said Bloomberg, citing people familiar with the situation. Reference Link
14:53 EDTABXGoldcorp showed interest in Newmont Mining assets in Africa, Bloomberg says
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July 16, 2014
09:37 EDTABXActive equity options trading on open
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09:30 EDTABXBarrick Gold CEO Jamie Sokalsky to step down in launch of new executive team
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July 15, 2014
16:00 EDTABXOptions Update; July 15, 2014
iPath S&P 500 VIX Short-Term Futures up 53c to 28.02. Option volume leaders: AAPL FB GOOG AMZN ABX DIS NFLX TWTR TSLA according to Track Data.
July 13, 2014
12:13 EDTABXBarrick partners with Ma'aden to form Jabal Sayid JV
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