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Gold Fields in active discussions to acquire Gold Road Resources

Cape Times

|

May 05, 2025

GOLD Fields is in “active discussions” with Gold Road Resources despite an earlier rejection of its offer to acquire 100% of the shares of the Australia mining group by way of a scheme of arrangement, the Johannesburg-based global miner confirmed in a statement Friday.

- EDWARD WEST

Gold Fields in active discussions to acquire Gold Road Resources

The JSE and New York-listed Gold Fields has mines in South Africa, Ghana, Australia, Peru, Chile and Canada. Western Australia mining company Gold Road primarily owns 50% of the Gruyere Gold Mine in partnership with Gold Fields.

According to Mining Weekly, in March, Gold Road had rejected an initial A$3.3 billion (R39.2bn) takeover approach from Gold Fields, saying the “extremely disappointing” offer had undervalued the company. Gold Road's shares had since climbed by more than 20%.

Cape Times से और कहानियाँ

Cape Times

Cape Times

G20 Summit exposes stark divide: Europe backs Ukraine, Global South demands Gaza unity

THE divisions among G20 leaders over global conflicts shows that European leaders increasingly treat the war in Ukraine as the defining strategic crisis of the era, overshadowing even the turmoil in Gaza.

time to read

2 mins

November 25, 2025

Cape Times

Cupido transforms Stellies’ campaign as focus shifts back to league revival

STELLENBOSCH FC made a promising start to their CAF Confederation Cup Group C campaign with a crucial 1-0 victory over Congolese rivals AS Otoho at the New Peter Mokaba Stadium in Polokwane on Sunday.

time to read

2 mins

November 25, 2025

Cape Times

Cape Times

Back-to-back unbeaten tours on the line for Springboks in Cardiff

THE Springboks have set their sights on making it five wins from five on their November tour, with Wales their final hurdle of 2025.

time to read

2 mins

November 25, 2025

Cape Times

Blitzboks seek perfect Dubai launch to fuel Cape Town title defence

THE Springbok Sevens have set their sights on going back-to-back in Cape Town this December, as they look to defend their title.

time to read

2 mins

November 25, 2025

Cape Times

Higher hake catches and strong Lucky Star sales drives Oceana Group's profit growth

THE Oceana Group’s operating profit increased by a striking 58% for the year to September 30 after the performance benefited from a strong turnaround in the Wild Caught Seafood segment and steady Lucky Star Foods results.

time to read

2 mins

November 25, 2025

Cape Times

Hezbollah chief killed in Beirut

ISRAEL killed Hezbollah’s military chief in a strike on Beirut at the weekend, the Israeli military and the militant group said, hitting an apartment building and killing five people according to Lebanese authorities.

time to read

3 mins

November 25, 2025

Cape Times

Blues warned as Lopez grows into key Catalan threat

BARCELONAS financial struggles are no secret and the Catalans have had to lean heavily on their youth academy to provide first-team calibre players over the past few years.

time to read

2 mins

November 25, 2025

Cape Times

Cape Times

Climate change and inequality are connected

AN INCREASINGLY strong case is being made to bring inequal- ity into discussions about climate change.

time to read

3 mins

November 25, 2025

Cape Times

Marco Jansen bounces in as series-defining force in India

“I JUST want to be like you!”

time to read

2 mins

November 25, 2025

Cape Times

What City of Cape Town's informal settlements initiative omits

HOUSING lobby group Ndifuna Ukwazi says upgrading informal settlements is urgent and long overdue, but it cannot be the final goal as a humane standard of living requires integration and access to economic opportunities.

time to read

2 mins

November 25, 2025

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