Gold Fields reported interested in merging with AngloGold

Section:

By Fliex Njini
Bloomberg News
Tuesday, January 22, 2019

Gold Fields Ltd. would like to merge with its larger South African rival AngloGold Ashanti Ltd. as the industry experiences a wave of consolidation, according to a person familiar with the matter.

Gold Fields believes it would be the ideal combination as the two miners operate in similar jurisdictions and have a shared philosophy, said the person, who asked not to be identified because the information is private. Discussions haven't taken place yet, the person said.

Gold Fields denied it's interested in combining with AngloGold, according to a statement issued to the Johannesburg Stock Exchange today. ...

... For the remainder of the report:

https://www.bloomberg.com/news/articles/2019-01-22/gold-fields-is-said-t...



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