Gold Fields appeal &#39;a delaying tactic&#39;
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The objection to aspects of Harmony&#39;s bid for Gold Fields, submitted by Gold Fields to the Securities Regulation Panel (SRP), is purely a delaying tactic, Harmony CEO Bernard Swanepoel told I-Net Bridge on Friday.
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Harmony Gold Mining Ltd. said Monday it would continue its multibillion dollar (euro) takeover bid for Gold Fields Ltd. and will defend legal action brought against it by Gold Fields in a US court.
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Demands are made to end delays in opening a Â£30m rail line whose launch was abandoned at short notice.
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JOHANNESBURG : South African mining giant Gold Fields lost a high court bid to halt a hostile takeover by rival Harmony Gold, which is seeking to create the world&#39;s biggest gold producer, a court official said.
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JOHANNESBURG  -- Fridayâs Competition Tribunal hearing over Harmonyâs proposed takeover of Gold Fields was another attempt by the target company to prevent the deal from going through.
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Johannesburg - South African gold mining giant Gold Fields on Wednesday warned its shareholders that rival Harmony was &quot;financially stretched&quot; and was offering them overvalued shares in a hostile takeover bid.
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The Dubai Gold and Commodities Exchange (DGCX) is delaying the launch of its steel futures contract until after summer to ensure a strong start, it said on Saturday.
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The battle for control of Gold Fields starts in earnest on Friday with the closing, at noon Johannesburg time, of the first stage of Harmony&#39;s two-part merger offer to the bigger company&#39;s shareholders.
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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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Gold Fields says it is confident it will fend off a hostile takeover from rival gold producer Harmony despite losing a key legal challenge.
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South African mining giant Gold Fields lost a high court bid to halt a hostile takeover by rival Harmony Gold, which is seeking to create the world&#39;s biggest gold producer, a court official said.
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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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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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Australian steel maker Smorgon Steel Group Ltd.  and its suitor OneSteel Ltd.  sought trading halts on their shares pending an announcement that sources close to the companies said was likely on Monday.
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Gold Fields Ltd. lost another round Thursday in its battle to fight off a hostile takeover bid by Harmony Gold Mining Co. when a Johannesburg court dismissed a request to declare the bid unlawful.
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Gold Fields&#39; plan to merge with Iamgold of Canada could end up mired in legal challenges if a crucial shareholder vote next week produces a close result.