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Stock Market & Financial Investment News

News Breaks
February 4, 2014
05:33 EDTSSRI, GG, 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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October 23, 2014
12:29 EDTSSRISilver Standard management to meet with Jefferies
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October 15, 2014
07:25 EDTGGCanaccord to hold a conference
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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
October 9, 2014
06:06 EDTGGGoldcorp predicts 'peak oil' scenario in 2015, Daily Telegraph reports
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