Gold Fields Limited

WMC gains titanium asset

The biggest deal of the report period was WMC Resources’ US$87.5-million acquisition from South Africa’s Southern Mining of the world’s largest undeveloped titanium mineral-sands deposit: Corridor San…



BHP curbs copper output

BHP Billiton, the world’s largest mining company, announced that its 2003 copper production target for the world’s largest copper mine, Escondida in Chile, is being set at 1.05 million tonnes, while a…


Stillwater mauled

The biggest news of the period under review was Noril’sk Nickel’s move to acquire a majority interest in troubled U.S. palladium-platinum producer Stillwater Mining for a combination of cash and physi…




Phelps Dodge, Cabot under investigation

The biggest story over the period was the revelation that Phelps Dodge and Cabot are being jointly investigated by American and European antitrust authorities for alleged price-fixing in the carbon bl…




JP Morgan dispels rumours

The gold bugs watched in glee as their arch nemesis, JP Morgan, the counterparty to most gold-derivatives trading, issued a statement that refuted rumours it had recently lost upwards of US$17 billlio…


Damang gives Repadre earnings boost

With a share in production from the Damang gold mine in Ghana now part of its portfolio, Repadre Capital (RPD-T) has posted earnings of $4.1 million (or 10 per share) on revenue of $5.9 million in th…


Gold Fields posts solid quarter (November 18, 2002)

Vancouver — Despite witnessing a quarterly shortfall, South Africa’s second-largest gold miner saw year-over-year profits more than triple in the third quarter.Gold Fields (GFI-N) posted a profit of …


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