QUOTE AND NEWS
Motley Fool  Nov 29  Comment 
Despite a market pullback, these stocks climbed. Find out why.
Reuters  Nov 18  Comment 
Gold Fields Ltd and Silver Standard Resources Inc withdrew their offer to buy Kirkland Lake Gold Inc after the Canadian miner asked its shareholders to vote in favor of its...
Reuters  Nov 16  Comment 
Some Kirkland Lake Gold Inc shareholders want the Canadian miner to open talks with Gold Fields Ltd and Silver Standard Resources Inc, arguing that Kirkland was too hasty in rejecting...
Reuters  Nov 14  Comment 
* Gold Fields comments on news reports regarding acquisition proposals made to Kirkland Lake
Reuters  Nov 11  Comment 
Canada's Kirkland Lake Gold Inc said on Friday it rejected a previously unreported takeover offer from South Africa's Gold Fields Ltd and Silver Standard Resources...
The Australian  Nov 7  Comment 
Gold Road has done an impressive deal with South Africa’s Gold Fields, selling half its stake in the Gruyere project.
Reuters  Oct 23  Comment 
* Upon completion of transaction, Genworth Financial, Inc. Will be a standalone subsidiary of china oceanwide
Motley Fool  Oct 13  Comment 
Even though the market took a small hit based on economic data, these stocks gained ground. Find out why.




 

Gold Fields NYSE:GFI is a gold producing company based in South Africa. It ranks second among South Africa's gold mining companies in terms of production (3.49 million ounces in the 12 months leading up to August 2011;[1] 3.5-3.6 million ounces in production forecast for the following year). Production comes from eight operating mines in Australia, Ghana, Peru and South Africa. It also oversees four other major resource development projects. 2P reserves (as of May 2011) total about 77 million ounces of gold equivalent out of a total resource base of 225.4 million ounces.

April 18, 2011 paid US$379 million to increase its share in Gold Fields La Cima S.A.A. (La Cima) to 98.5% from 80.7%. The 17.8% increase came from 8% more common shares and 95.1% of the company's total investment shares. Annual production by La Cima is 400,000 gold equivalent ounces mostly at its Cerro Corona gold and copper mine in Peru which has 5.3 million ounces of gold reserves.[2]

References

  1. Gold Fields 2010 Fiscal (August 5, 2011).
  2. Gold Fields Stake in Gold Fields La Cima Increases to 98.5% (April 18, 2011).
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki