QUOTE AND NEWS
Mondo Visione  Dec 3  Comment 
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," or "BGC"), a leading global brokerage company primarily servicing the financial and real estate markets, today responded to the announcement by CME Group Inc. (NASDAQ: CME) ("CME") and GFI Group...
Reuters  Dec 3  Comment 
Futures market operator CME Group Inc raised its agreed-upon offer for derivatives broker GFI Group Inc to $5.25 per share from $4.55, matching inter-dealer broker BGC Partners...
TheStreet.com  Nov 19  Comment 
NEW YORK (TheStreet) -- Shares of Gold Fields Ltd. are lower by 3.68% to $4.19 in early afternoon trading on Wednesday, as gold mining stocks decline along with the price of gold. Gold is down today following reports the Swiss are in favor of...
TheStreet.com  Nov 18  Comment 
NEW YORK (TheStreet) -- Shares of Gold Fields  rose 6.19% to $4.29 in early afternoon trading Tuesday as gold prices rallied to a two-week high. Gold prices surged $20 to cross the $1,200 per troy ounce mark for the first time in more than...




 

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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