JOHANNESBURG—South Africa-based miner Gold Fields mentioned Tuesday it has agreed to purchase Yamana Gold in an all-stock deal that values the Canadian firm at $6.7 billion, because it seeks to make up for anticipated declines in manufacturing from its current initiatives.
With the acquisition, Gold Fields will add initiatives in Canada, Brazil, Argentina and Chile to its mines in South Africa, Ghana, Australia and Latin America. The mixed firm, which can be based mostly in Johannesburg, can have a market capitalization of $15.9 billion, making it the world’s fourth-largest gold miner, behind Newmont Barrick Gold and Agnico Eagle Mines
South Africa’s Gold Fields Buys Canada’s Yamana in $6.7 Billion Deal & More Latest News Update
South Africa’s Gold Fields Buys Canada’s Yamana in $6.7 Billion Deal & More Live News
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South Africa’s Gold Fields Buys Canada’s Yamana in $6.7 Billion Deal & More News Today
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