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Bullboard - Stock Discussion Forum 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... see more

NYSE:GFI - Post Discussion

Gold Fields ADR Representing 1 Ord Shs > Gold Fields is acquiring Osisko Mining for $2.16B
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Post by sdhaka on Aug 14, 2024 4:10pm

Gold Fields is acquiring Osisko Mining for $2.16B

Gold Fields is acquiring Osisko Mining for $2.16B, taking full ownership of the Windfall project. The deal includes a significant premium, with GFI paying over $375/oz for the gold resources. This is notably higher than typical valuations in the sector. What are your thoughts on the impact this might have on GFI's portfolio and overall strategy?
 
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