...whereby JCI shareholders will receive one R&E share for every 95 of their JCI shares. JCI's primary asset is its holding of Gold Fields shares, but these have depreciated in value, knocking the NAV of JCI down by nearly half. Gold Fields represents about...
...of their mine locations, Fronk also named his list of unwelcome suitors, including Kinross Gold (NYSE: KGC) South Africa's Gold Fields (NYSE: GFI). The big three miners are a logical source for the $3.4 billion needed to develop the KSM mine, and as long...
...obtain any further project financing for the project development, for which Gold Fields will receive a 1.5% arrangement fee. Gold Fields and Orsu will otherwise contribute to the project requirements on a pro-rata basis through to project development....
...Fields (GFI: sentiment, chart, options) has shaken off a downgrade this morning to rally more than 8% this afternoon. The shares were knocked lower at UBS from "buy" to "neutral," but investors have paid little attention to the downgrade. The security is...
...Financial Exchange (DIFX) New Euronext in Brussels (NYX) and Swiss Exchange (SWX). For more information please visit the Gold Fields website at http://www.goldfields.co.za. Receive full access to all new and archived articles, unlimited portfolio...
"This comes after a mineworker lost his life in what is reported to be a fall-of-ground accident last week. The practice is in line with (a) NUM resolution of observing a day of mourning for each fatality that occurs in the mines," NUM spokesman...
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3 hours ago from News24