On Friday, Barrick Gold Corporation (USA) (NYSE:ABX)’s shares declined -0.77% to $6.41.
Barrick Gold Corporation (ABX)(ABX) (Barrick or the “company”) recently declared that it has accomplished the formation of a planned joint venture with Zijin Mining Group Co. Ltd, counting the sale of a 50 percent interest in Barrick (Niugini) Limited (“BNL”), for a total cash consideration of $298 million. Proceeds from the transaction will be used to repay debt.
BNL is the 95 percent owner and manager of the Porgera Joint Venture gold mine in Papua New Guinea.
Barrick Gold Corporation produces and sells gold and copper. The company is also involved in exploration and mine development activities. It conducts mining, development and exploration, and other activities in various countries, counting the United States, Canada, Australia, Argentina, Chile, Peru, the Dominican Republic, Papua New Guinea, Tanzania, Zambia, and Saudi Arabia. Its principal properties comprise Cortez, Goldstrike, Pueblo Viejo, Lagunas Norte, Veladero, Zaldívar, and Lumwana mines; and its Pascua-Lama project. As of December 31, 2014, the company had proven and probable mineral reserves of 93.0 million ounces of gold and 9.6 billion pounds of copper. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada.
Marathon Oil Corporation (NYSE:MRO)’s shares dropped -2.91% to $16.37.
Marathon Oil Corporation (MRO) declared that Lee M. Tillman, Marathon Oil president and CEO, will present at the Barclays CEO Energy-Power Conference in New York on Wednesday, Sept. 9, at 9:45 a.m. EDT.
Marathon Oil Corporation operates as an energy company. It operates in three segments: North America Exploration and Production, International Exploration and Production, and Oil Sands Mining. The North America Exploration and Production segment explores for, produces, and markets crude oil and condensate, natural gas liquids, and natural gas in North America.
At the end of Friday’s trade, Twitter Inc (NYSE:TWTR)‘s shares dipped -0.46% to $28.17.
New To The Street” will be broadcasting its latest show the week of September 7, 2015 in the top 5 U.S. markets, New York, Los Angeles, Atlanta, and Boston, potentially reaching 75 million households.
Check your local listings or for a full listing of stations, please go to NewToTheStreet.com and hit the “Plan” link, or visit the following URL: http://newtothestreet.tv/plans
This show will feature Accurexa, Inc.’s (OTCQB: ACXA) George Yu, CEO, and Daniel Lim, inventor of the Branch Point Device, with an exciting interview on location at San Francisco’s UCSF Medical Center.
Twitter, Inc. operates as a global platform for public self-expression and conversation in real time. It offers various products and services for users, counting Twitter that allows users to create, distribute, and discover content; and Vine and video, a mobile application that enables users to create and distribute short looping videos.
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