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Gold Fields ADR Representing 1 Ord Shs GFI

Gold Fields Limited is a globally diversified gold producer with approximately nine operating mines in Australia, South Africa, Ghana, Chile and Peru and one project in Canada. The Company is involved in underground and surface gold and surface copper mining and silver and related activities, including exploration, extraction, processing and smelting. It has a total attributable annual gold-equivalent production of over 2.30 million ounces (Moz), gold mineral reserves of 44.6 Moz and gold mineral resources of 30.3 Moz (excluding mineral resources). In Peru, the Company also produces copper. Its economic interest in the South Deep mine in South Africa is 96.43%. It also owns 100% of the St Ives, Agnew, Granny Smith mines and around 50% of the Gruyere gold mine in Australia, and 90.0% of the Tarkwa and Damang mines in Ghana and 45% of the Asanko mine in Ghana. It owns 99.5% of the Cerro Corona mine in Peru. It also has 100% ownership of the Windfall Project in Canada’s Quebec province.


NYSE:GFI - Post by User

Post by cmarketinsightson Nov 01, 2024 4:24pm
44 Views
Post# 36292980

Gold Fields' $215 million purchase

Gold Fields' $215 million purchase
Gold Fields' $215 million purchase of Osisko Mining at a 20% premium is a bold move to expand its North American presence and secure high-potential assets like Cariboo and San Antonio. This acquisition strengthens Gold Fields' output capacity and production stability. For investors, it signals an ongoing trend of strategic growth through acquisitions.  
 
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