Gold Fields ( (GFI) ) has issued an update.
Gold Fields announced on March 31, 2025, its plans for a potential USD-denominated bond offering to be arranged by Citigroup, RBC Capital Markets, and Scotia Capital. The proceeds will be used for general corporate purposes, including repaying bridge facilities used for the acquisition of Osisko Mining Inc. in October 2024. This move is expected to impact Gold Fields’ financial strategy by addressing its debt obligations and supporting its operational goals.
More about Gold Fields
Gold Fields is a globally diversified gold producer with nine mines across Australia, South Africa, Ghana, Chile, and Peru, and a project in Canada. The company boasts an annual gold-equivalent production of 2.1 million ounces, with significant gold reserves and resources. Its shares are listed on the Johannesburg Stock Exchange and its American depositary shares trade on the New York Exchange.
YTD Price Performance: 68.42%
Average Trading Volume: 3,228,038
Technical Sentiment Signal: Sell
Current Market Cap: $19.86B
See more insights into GFI stock on TipRanks’ Stock Analysis page.