Gold Fields (GFI) Sells Its Interest in Asanko JV to Galiano
GFIGold Fields (GFI) Zacks Investment Research·2024-03-08 23:00

Gold Fields Limited (GFI) announced the completion of the previously announced sale of its interest in the Asanko joint venture in Ghana to its joint venture partner Galiano Gold Inc. (GAU) and its subsidiaries. This move aligns with Gold Fields' broader strategy to optimize its portfolio and focus on core assets. On Dec 22, 2023, the company announced that GAU would pay another Gold Fields subsidiary, Gold Fields Orogen Holding Limited ("GF Orogen") and an affiliate an aggregate cash purchase price of $150 ...