Uncategorized
Gold Fields to Acquire Yamana Gold – A Combination for Long-Term Value Creation Focused on Quality Growth, Financial Discipline and Shareholder Returns
- Transaction creates a top-4 global gold major with a diversified portfolio of high-quality, long-life assets with tangible near and long-term growth opportunities
- Strengthened financial and operational capacity with complementary cash flow and growth profiles
- Combined Group will be headquartered in Johannesburg with operations across South Africa, Ghana, Australia, Canada and South America
- All-share offer by Gold Fields at an Exchange Ratio of 0.6 Gold Fields Consideration Shares for each Yamana share implying a valuation for Yamana of US$6.7 billion
Gold Fields Limited (JSE, NYSE: GFI) and Yamana Gold Inc. (TSX:YRI) (NYSE:AUY) (LSE:AUY) announced that they have entered into a definitive agreement, under which Gold Fields will acquire all of the outstanding common shares of Yamana pursuant to a plan of arrangement.
A full media release is available on the company website: www.goldfields.com
Posted May 31, 2022
MORE or "UNCATEGORIZED"
MAG Silver Reports First Quarter Financial Results
MAG Silver Corp. (TSX:MAG) ( NYSE: MAG) announces the Company’s... READ MORE
May 8, 2025
Abcourt Intersects 24.3 g/t Over 1.9 m Including 41.9 g/t Over 0.6 m in the 785N Zone and Provides an Update on Its Sleeping Giant Activities
Abcourt Mines Inc. (TSX-V: ABI) (OTCQB: ABMBF) is pleased to report ne... READ MORE
May 8, 2025
Guanajuato Silver Provides Exploration Update
Guanajuato Silver Company Ltd. (TSX-V:GSVR) (OTCQX:GSVRF) is prov... READ MORE
May 8, 2025
Freegold Reports Final 2024 Drilling Results from Golden Summit Continuing to Confirm Higher Grade Potential
WOW ZONE – GS2437 6.84 g/t Au over 20.6 m including 115.5 g/t o... READ MORE
May 8, 2025
West Red Lake Gold Reports on Bulk Sample Gold Sales
West Red Lake Gold Mines Ltd. (TSX-V: WRLG) (OTCQB: WRLGF) is ple... READ MORE
May 8, 2025
