Australia’s leading independent law firm, Corrs Chambers Westgarth, has provided legal counsel to Gold Road Resources Limited (Gold Road) regarding its proposed A$3.7 billion acquisition by Gold ...

MELBOURNE: South Africa's Gold Fields will acquire Gold Road Resources in a sweetened deal valuing the Australian miner's equity at A$3.7bil (US$2.39bil), Gold Road says, as sky-high bullion ...

As per the terms of the deal, Gold Road shareholders will receive about A$3.40 per share in cash, a 43% premium to the company’s closing price before the initial proposal by Gold Fields was made ...

This values Gold Road's equity at approximately $3.7 billion. Management said they intend to declare a fully franked special dividend of 35 cents per share should the scheme become effective.

Australia’s Gold Road Resources GOR -0.30% agreed to a sweetened US$2.4 billion takeover by South Africa’s Gold Fields GFI -4.57%, after rejecting an earlier bid amid surging gold prices.

GOLD Fields is to buy joint venture partner Gold Road Resources for A$3.7bn after increasing an offer in March by about A$400m. If completed, the deal will see Gold Fields take 100% control of the 350 ...

South Africa's Gold Fields will acquire Gold Road Resources in a sweetened deal valuing the Australian miner's equity at A$3.7 billion ($2.4 billion), as sky-high bullion prices drive a wave of ...

Gold Road’s attractions are obvious. It is a 50/50 JV with Gold Fields in the Gruyere mine, an open-pit mine in West Australia with a current life of ten years. There is extensive drilling under way ...

Gold Road has been keen to talk up the value of underground mining at Gruyere after rejecting a $3.05-a-share takeover bid lobbed by Gold Fields last month.

West Perth-based Gold Road Resources has had to retract parts of a statement made yesterday due to assumptions made off the back of a scoping study. Yesterday, Gold Road Resources told the market its ...

Johannesburg-listed Gold Fields lobbed a $3.05-a-share takeover bid for Gold Road on March 7 that included the value of Gold Road’s 17.3 per cent stake in De Grey Mining, which is in turn the ...

Gold Road wants a higher offer, which is among a flurry of potential deals in the sector fuelled by the soaring price of gold. These include Northern Star’s $5 billion takeover offer for De Grey ...