This spring Gold Fields announced a plan to acquire Yamana Gold for $6.7 billion.
On Wednesday CEO Chris Griffith spoke to Kitco.
Griffith said the two miners' operations are complementary, and the combined companies will save operational costs, as well as give Gold Fields a higher profile in the North American market. The deal gets voted on in the fall by shareholders.
Kitco MiningKitco Is The Leader In Mining Coverage
Disclaimer: The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. ("Kitco") for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an "as is" basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website.