Gold Fields Bosses&#39; Bright Idea May Prove to Be Their Undoing
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GOLD Fields management may have only themselves to blame for yesterday&#39;s bid by Harmony to take over their company, a move which, if successful, is likely to cost them their jobs.
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Philip Durell takes a look at three gold mines for value investors.
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GOLD Fields may launch a new set of legal challenges in New York on top of those launched in SA against the hostile takeover bid by Harmony, which was initiated last month.
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Gold Fields has attacked Harmony Gold Mining&#39;s &quot;stretched&quot; finances and &quot;marginal&quot; mines as it urged shareholders to reject an approach from the rival gold producer.
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Canadian gold producers Goldcorp and Wheaton River Minerals are set to create a company with more than 1.1 million ounces of gold production a year.
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If rumors about a shake-up prove to be true, greater growth awaits the industry.
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The real leaders and laggards may surprise you.
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Harmony Gold Mining Co, South African gold firm, has made a $8.2 billion bid to acquire its much bigger rival -- Gold Fields. If the acquisition or the merger goes through, it would create the world&#39;s largest gold producing company.
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A massive gold producer makes money off of oil, copper, and a global distrust of the dollar.
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Harmony&#39;s bid to create the world&#39;s biggest gold miner suffered a blow yesterday when the first part of its offer for South African rival Gold Fields received a lukewarm reception from shareholders.
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JOHANNESBURG (Dow Jones)--South Africa&#39;s Securities Regulation Panel will next week hear objections from Gold Fields Ltd. (GFI) to the takeover offer the company received earlier this week from Harmony Gold Mining Co.
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THE merger of Harmony and Gold Fields is attractive in that it will not only create the biggest gold producer in the world, but one which is truly South African.
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The chief executive of Gold Fields, the South African gold producer, yesterday said he would urge the board to turn down an $8.1billion (Â£4.
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THE bid by charismatic Harmony CE Bernard Swanepoel to take over Gold Fields has all the makings of a bitter fight and one that may result, after years of success, in a serious setback for him.
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With many miners approaching retirement, the industry is trying to attract young talent.
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Gold Fields executives will this week publish their most comprehensive attack to date on the hostile bid for their company, which was launched last month by rival Harmony.
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The next quarter may be as red as the company's mailers, but the future could have a more attractive hue.