QUOTE AND NEWS
Mondo Visione  Feb 27  Comment 
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners" or "BGC"), a leading global brokerage company servicing the financial and real estate markets, and GFI Group Inc. (NYSE: GFIG) ("GFI Group" or "GFI"), a leading intermediary and provider of trading...
TheStreet.com  Feb 26  Comment 
NEW YORK (TheStreet) -- Shares of Gold Fields are up 4.76% to $4.62 in afternoon trading today as gold prices rise. Gold for April delivery was up 0.63% to $1209.10 an ounce at 2:32 p.m. on the COMEX in New York. Gold pared early gains, but...
Mondo Visione  Feb 25  Comment 
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," or "BGC"), a leading global brokerage company servicing the financial and real estate markets, today reminded stockholders of GFI Group Inc. (NYSE: GFIG) ("GFI Group" or "GFI") to tender into its...
Wall Street Journal  Feb 20  Comment 
BGC Partners agreed to pay about $778 million for rival brokerage firm GFI Group, ending a monthslong hostile takeover effort.
Mondo Visione  Feb 19  Comment 
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," or "BGC"), a leading global brokerage company servicing the financial and real estate markets, today announced that it is engaged in discussions with GFI Group Inc. (NYSE: GFIG) ("GFI") and...
Mondo Visione  Feb 18  Comment 
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "the Company," or "BGC"), a leading global brokerage company servicing the financial and real estate markets, today urged GFI Group Inc. (NYSE: GFIG) ("GFI Group" or "GFI") stockholders to tender...
TheStreet.com  Feb 17  Comment 
NEW YORK (TheStreet) -- Shares of Gold Fields Ltd. are down by 6.21% to $4.53 in mid-morning trading on Tuesday, as some gold and mining related stocks slip today along with the price of the precious metal. Gold for April delivery is...
TheStreet.com  Feb 13  Comment 
NEW YORK (TheStreet) -- Shares of South African gold mining firm Gold Fields closed down 4.17% to $4.83 on Friday, one day after the company announced a delay to its plans for its South Deep mine in South Africa. Gold Fields said it would not...




 

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).
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