News Formal

Market warms to Yamana deal, says Gold Fields CEO Chris Griffith

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Nigeria News News

The gold miner says its prosed takeover of Canada-listed Yamana Gold could, pending shareholder approval, be concluded by mid-November

Gold Fields, one of the world’s largest gold miners, has increased its half-year dividend by almost half, while cutting debt by more than a fifth as it cashed in on higher prices and improved output.

The globally diversified miner, valued at R133.7bn on the JSE, has, however, seen its shares slip almost 14% so far in 2022, and it came under pressure in May after news that it was looking to buy Canadian rival Yamana Gold for $6.7bn in an all-share deal...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canada on track to exceed lofty 2022 immigration target - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Canada is on track to exceed its immigration goal of granting permanent residency to more than 430,000 people in 2022, Immigration Minister Sean Fraser said on Wednesday. I am super excited right now, I can now pay my bills and take good care of my family.. Thank you for bringing happiness to my home with just $1000 i got $10,000 in 7days JamesAlderson0
Source: SABCNews - 🏆 37. / 51 Read more »

WATCH: Gold Fields CEO Chris Griffith on earnings growth and dividend hikeBusiness Day TV talks to Gold Fields CEO Chris Griffith
Source: BDliveSA - 🏆 12. / 63 Read more »