Mining Giants Consolidate: Gold Fields Takes Full Control of Gruyere Mine in $2.4B Deal

25.05.05

South African mining company Gold Fields has agreed to buy Australian miner Gold Road Resources for A$3.7 billion ($2.4 billion), offering a 14.5% premium over Gold Road’s previous closing price. This acquisition will give Gold Fields complete ownership of the Gruyere gold mine in Western Australia, which the two companies…

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