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
-
Senyo Hosi backs Ato Forson’s GH¢21bn pClaims audit
3 minutes -
The BAC Group begins global engagement tour with visit to Issahaku ahead of All Star Festival 2026
6 minutes -
GH¢21bn audit exposé: This is all for PR to deflect attention from pressing issues – Egyapa Mercer
7 minutes -
GH¢21bn audit exposé: Some people must be prosecuted and jailed if found guilty – Joe Jackson
20 minutes -
World Cup 2026: Litina Travels positions Ghanaian Businesses for global opportunity with Business Expo
21 minutes -
When Death Becomes a Marketplace: A call to reclaim dignity in Ghanaian funerals
56 minutes -
Sheikh Sharubutu Ramadan Cup: Madina to host annual Zongo football gala on March 22
57 minutes -
Police arrest four for armed robbery of Chinese nationals at Asankragwa
1 hour -
‘I feel compelled to behead people when possessed’: Ritual killer confesses
3 hours -
Woman killed by fetish priest identified; family calls for justice
3 hours -
More US Marines and warships to be moved to Middle East, reports say
4 hours -
Trump says Putin may be helping Iran ‘a bit’
4 hours -
Afenyo-Markin demands urgent inclusion of hernia treatment in Medical Trust Fund
5 hours -
Ministry of Foreign Affairs sounds alarm on QNET travel scams
5 hours -
Ashanti Region declares ‘Kente Week’ to celebrate cultural heritage
7 hours