PRECIOUS METALS

Gold Fields-Yamana deal remains in flux

Gold Fields shareholders are still “miffed” with the premium the company is paying for its acquisition of Canada-focused Yamana Gold but are starting to understand the strategy, CEO Chris Griffith said at the Diggers and Dealers mining forum in Kalgoorlie, Western Australia.

Nathan Richardson, in Kalgoorlie, Western Australia
 Gold Fields' Agnew

Gold Fields' Agnew

"'A work in progress', I guess is the best way to describe it," he told journalists after a speech at the annual event. Shareholders, who are due to vote on the US$6.7 billion deal in October, were...

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