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Gold Fields sells down Gold Road stake

Companies remain 50:50 partners in new Gruyere gold mine

Kristie Batten
Gold Fields executive vice president Australasia Stuart Mathews (left) with Gold Road managing director Duncan Gibbs at Gruyere

Gold Fields executive vice president Australasia Stuart Mathews (left) with Gold Road managing director Duncan Gibbs at Gruyere

Gold Fields appointed Macquarie Capital to sell the stake via an underwritten bookbuild after market close yesterday. The 87.1 million shares sold for A$1.45 each for proceeds of $126.3 million. ...

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