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Gold Fields has agreed to acquire Gold Road Resources for A$3.7 billion ($2.4 billion) in cash, consolidating ownership of the Gruyere gold mine in Western Australia. The deal includes a fixed cash payment of A$2.52 per share plus variable consideration.
“For us, this represents a strategically logical and low-risk opportunity to enhance Gold Fields’ portfolio through consolidation of the Gruyere mine, which Gold Fields already operates.”mining.com
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