CAPITAL MARKETS

Gold Fields shareholders reject Iamgold

GOLD Fields shareholders have narrowly voted down a proposal to merge the company’s non-South African gold assets with those of Canadian company Iamgold, in the process handing the predatory Harmony Gold Mining an important victory.

Michael Quinn
Gold Fields shareholders reject Iamgold

Some 51.44% of Gold Fields’ shares were voted against the deal with Iamgold, with the non-merger of the two companies a pre-condition for Harmony’s own bid to link up with Gold Fields. However Dow Jones...

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