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Stock Market & Financial Investment News

News Breaks
February 4, 2014
05:33 EDTGG, SSRI, ABXSilver Standard to purchase Marigold Mine for $275M
Silver Standard Resources (SSRI) announces that it has entered into a Purchase and Sale Agreement with subsidiaries of Goldcorp (GG) and Barrick Gold (ABX) to purchase 100% of the Marigold mine, a producing gold mine in Nevada, USA for cash consideration of $275M. Under the terms of the Agreement, Silver Standard will acquire a 100% interest in Marigold for cash consideration of $275M. The purchase price will be funded from cash on hand. Under the terms of the Agreement, Silver Standard will be required to provide financial assurances to the environmental regulatory authorities with respect to Marigold's long term environmental and reclamation obligations. Silver Standard expects the transaction to close in April.
News For SSRI;GG;ABX From The Last 14 Days
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November 21, 2014
05:58 EDTGGGoldcorp implied volatility of 41 at upper end of index mean range
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November 20, 2014
06:40 EDTABXBarrick Gold implied volatility of 50 at upper end of index mean range
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November 19, 2014
06:01 EDTABXBarrick Gold implied volatility of 45 at upper end of index mean range
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November 18, 2014
17:06 EDTABXBarrick Gold appoints Shaun Usmar as CFO Designate
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November 13, 2014
06:07 EDTGGGoldcorp implied volatility of 45 at upper end of index mean range
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November 12, 2014
08:51 EDTABXBarrick exec says Pascua Lama completion would cost another $4B, Reuters reports
Barrick Gold, which halted its Pascua Lama gold mine project last year after investing $5B, would like to find a path forward but believes the mine would likely cost another $4B to complete, Edmundo Flores, SVP of Pascua Lama, told financial newspaper Diario Financiero, according to Reuters. Reference Link

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