Precious Metals M&A » By The Online Investor Staff, updated Thu., Apr. 18, 5:45 PM
Recent mergers and acquisitions in the Precious Metals M&A category.
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Slide #54. Gold Fields — Granny Smith, Lawlers and Darlot gold mines
Acquirer:
Gold Fields (NYSE:GFI)
Acquiree:
Granny Smith, Lawlers and Darlot gold mines
Details:
Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) is pleased to announce that it has completed the acquisition of the Granny Smith, Lawlers and Darlot gold mines (collectively the Yilgarn South Assets) in Western Australia, from Barrick Gold Corporation (Barrick).
Gold Fields is holding company. Through its subsidiaries, Co. is a producer of gold and a primary holder of gold reserves and resources in South Africa, Ghana, Australia and Peru. In Peru, Co. also produces copper. Co. is primarily involved in underground and surface gold and surface copper mining and related activities, including exploration, extraction, processing and smelting. Co. has certain economic interest in the South Deep mine in South Africa. Co. also owns the St Ives, Agnew, Granny Smith mines and Gruyere gold mine in Australia, the Tarkwa and Damang mines in Ghana and the Asanko mine in Ghana. Co. also owns the Cerro Corona mine in Peru.
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Avg. Broker Rec.
 
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Hold (1.50 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: GFI Stock Forecast Based on Zacks ABR data; powered by Xignite |
