On Thursday, Shares of Barrick Gold Corporation (USA) (NYSE:ABX), subtract -2.13% and closed at $15.64 in the last trading session. The last trading range of the stock ranges between $15.30 and $15.79. Barrick Gold Corp.’s stake in the Kalgoorlie Super Pit mine has drawn interest from Kinross Gold Corp. and Zijin Mining Group Co. in a sale that could fetch as much as $1 billion, people with knowledge of the matter said. Australian producers Newcrest Mining Ltd., Northern Star Resources Ltd. and Evolution Mining Ltd. are also reviewing data on the mine ahead of possible indicative bids, which are due by the end of October, according to the people. Chinese companies counting China National Gold Group Corp. and Shandong Gold Mining Co. are also considering offers, the people said, asking not to be identified because the details are private. Gold producers have been reining in costs and selling assets after prices dropped for three straight years.source bloomberg
B2Gold Corp (NYSEMKT:BTG), dropped -3.93% and closed at $2.20 in the last trading session. The last trading range of the stock ranges between $2.14 and $2.27. The company’s Market capitalization is $2.15 Billion with the total Outstanding Shares of 928.73 Million. B2Gold Corp. (BTO.TO)(NYSE MKT:BTG)(NAMIBIAN:B2G) (“B2Gold” or the “Company”) reports that it has been notified with regards to the following:
SHOW-CAUSE ORDER BECAUSE OF DENR MINE AUDIT REPORT
Recently in the Philippines through a press conference the Department of Environment and Natural Resources (DENR) declared the results of the nationwide audit of metallic mines. DENR spokespersons informed us that the Masbate Gold Project (MGP) will be offered a Show-Cause Order related to the operations of Filminera Resources Corporation (FRC) and Philippine Gold Processing and Refining Corporation (PGPRC) at the Masbate Gold Project.
Based on the reference to the three findings indicated in the brief received recently and based on our subsequent meeting with the Secretary of DENR, B2Gold is confident that these issues will be resolved by working with the government agencies, in the time frame offered. None of the findings involve any environmental or social issues. They are related to administrative issues only.
DDR Corp (NYSE:DDR), LOST -0.84% and closed at $16.44 in the last trading session. The last trading range of the stock ranges between $16.28 and $16.63. During the 52-week trading session the minimum price at which share price traded, registered at $14.98 and reached to max level of $19.92. DDR Corp. is an equity real estate investment trust. It invests in the real estate markets of the United States and Puerto Rico. The firm is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers.