Gold Fields to buy Yamana Gold in $6.7 billion stock deal
Gold Fields Ltd. GFI,
Under the deal, which has the support of the Yamana Gold YRI,
The combined company will be based in Johannesburg with operations across Canada, Australia, South America, Ghana and South Africa.
“Yamana’s high-quality asset base in the Americas and strong development and exploration pipeline will further diversify the geography of our portfolio, creating a top-4 global gold major, well positioned to deliver long-term value creation,” Gold Fields Chief Executive Chris Griffith said.
Write to Ian Walker at [email protected]