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Gold Fields To Set Aside Acquisitions, Sees Industry Costs Rising — Ceo

by juniorminingnews.com posted 10months ago 59 views
By Reuters South Africa’s Gold Fields is setting aside pursuit of new acquisitions for a year as it focuses on its existing operations and nearby prospects instead, the bullion producer’s chief executive told Reuters late on Tuesday. Gold Fields’ finances might be “a little bit negative” this year before likely improving in 2019, when the company should begin to reap the rewards from two years of heavy investing, Nick Holland said. Company might seek junior partner to help finance project in Chile.

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