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Gold Fields greenlights Salares Norte, raises US$250M

South Africa’s Gold Fields has made a construction decision on its Salares Norte gold project in Chile and completed a US$250 million equity raise to provide partial funding for the project.

Paul Harris
Salares Norte in Chile

Salares Norte in Chile

Salares Norte is planned to produce an average of 450,000oz/y of gold-equivalent over first seven years and 355,000oz/y gold-equivalent over the first 10 years, at an estimated all-in sustaining cost of...

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