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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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July 30, 2014
17:10 EDTABXBarrick Gold reports Q2 EPS 14c, consensus 16c
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July 29, 2014
14:01 EDTABXBarrick Gold weakness a buying opportunity, says RBC Capital
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July 25, 2014
10:02 EDTABXOn The Fly: Analyst Downgrade Summary
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08:27 EDTABXBarrick Gold downgraded to Underweight from Neutral at HSBC
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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 EDTABX, GGGoldcorp 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 EDTABX, GGGoldcorp showed interest in Newmont Mining assets in Africa, Bloomberg says
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