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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 30, 2014
08:14 EDTGGGoldcorp backs 2014 production view 2.95M-3.1M gold ounces
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08:13 EDTGGGoldcorp reports Q3 adjusted EPS 9c, consensus 18c
Reports Q3 adjusted revenue $1.1B, consensus $1.05B. Reports Q3 gold sales of 641,400 ounces on gold production of 651,700 ounces.
October 29, 2014
17:35 EDTABXBarrick Gold sees FY14 total production 6.1M-6.4M gold oz
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17:33 EDTABXBarrick Gold reports Q3 adjusted EPS 19c, consensus 17c
Reports Q3 revenue $2.6B, consensus $2.5B. Reports Q3 production 1.65M ounces of gold.
October 27, 2014
05:57 EDTABXNewmont Mining upgraded to Overweight from Neutral at HSBC
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October 23, 2014
12:29 EDTSSRISilver Standard management to meet with Jefferies
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