Gold Fields (GFI) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Gold Fields Limited has announced a definitive agreement to acquire Osisko Mining Inc., gaining full control of the Windfall Project in Canada, which is expected to become a low-cost, high-quality gold mine with significant growth potential. The acquisition, valued at approximately C$2.16 billion, aligns with Gold Fields’ strategy to enhance their mining portfolio and strengthen their commitment to ESG principles by tapping into Windfall’s prospective exploration opportunities and leveraging hydroelectric power for reduced emissions.
For further insights into GFI stock, check out TipRanks’ Stock Analysis page.