Audio By Carbonatix
Gold Fields Limited has denied a Bloomberg report which suggests that it would like to merge with its larger South African rival AngloGold Ashanti Ltd., as the industry experiences a wave of consolidation.
According to the report, Gold Fields believes it would be the ideal combination as the two miners operate in similar jurisdictions and have a shared philosophy.
The source said discussions haven’t taken place yet for the deal that would bring together two miners with a combined market value of about $8 billion.
But a statement by the multinational company Thursday said the report “is factually incorrect and we completely disassociate ourselves with the statement.”
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Creative Canvas 2025: Moliy and the power of a global digital moment
37 minutes -
Techiman hosts historic launch of GJA Bono East Chapter: Regional pact for balanced journalism
1 hour -
Kasoa: Boy, 6, drowns in open water tank while retrieving football
2 hours -
Five-year-old boy dies after getting caught in ski travelator
4 hours -
‘This is an abuse of trust’- PUWU-TUC slams gov’t over ECG privatisation plans
4 hours -
Children should be protected from home fires – GNFS
4 hours -
Volta Regional Minister urges unity, respect for Chief Imam’s ruling after Ho central mosque shooting
4 hours -
$214M in gold-for-reserves programme not a loss, Parliament’s economy chair insists it’s a transactional cost
5 hours -
Elegant homes estate unveils ultra-modern sports complex in Katamanso
5 hours -
ECG can be salvaged without private investors -TUC Deputy Secretary-General
5 hours -
Two pilots killed after mid-air helicopter collision in New Jersey
5 hours -
2025 in Review: Fire, power and the weight of return (January – March)
6 hours -
Washington DC NPP chairman signals bid for USA chairmanship
6 hours -
Sheikh Ali Muniru remains Volta regional Imam, says National chief Imam
6 hours -
GoldBod CEO accuses Minority of hypocrisy over Gold-for-Reserves losses
6 hours