Hell no, we wonât go, says Gold Fields
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JOHANNESBURG  -- Initial feedback from Gold Fieldsâs North American and European investors is rejection of the hostile all-share bid by Harmony Gold for its larger rival, which has labeled the offer as âopportunisticâ, Gold Fields chief
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The share price of Harmony Gold came under pressure today, dipping some 8% after announcing a hostile bid for Gold Fields to create the world&#39;s biggest gold producer.
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Gold Fields Ltd. rejected an $8.1 billion takeover bid by smaller rival Harmony Gold Mining Company Ltd. as inadequate on Monday, despite the support of its largest stakeholder.
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JOHANNESBURG  - South African mining group Harmony has lost the latest round in a hostile takeover of rival Gold Fields when a court rejected an urgent attempt to appeal against a ruling frustrating its bid to create the world&#39;s largest gold producer
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Gold Fields&#39; latest legal bid to prevent a hostile takeover by South African rival Harmony was thrown out by regulators yesterday in another blow to its defence strategy.
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JOHANNESBURG, South Africa, Nov. 30 /PRNewswire-FirstCall/ -- Gold Fields (NYSE:GFI)has announced that it has reached agreement with IAMGold (TSX: IMG; Amex: IAG) (&quot;IAMGold&quot;) to revise the terms of the proposed
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South African gold producer Gold Fields rejects a $8.2bn bid by rival Harmony, saying the offer is not attractive.
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JOHANNESBURG  -- Fridayâs Competition Tribunal hearing over Harmonyâs proposed takeover of Gold Fields was another attempt by the target company to prevent the deal from going through.
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Australia's government calls for an end to a permit system which limits those who can visit Aboriginal lands.
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SA&#39;s largest gold producer, Harmony, is expected to launch a hostile bid for rival gold company Gold Fields today, in concert with Gold Fields&#39; largest shareholder, Russia&#39;s Norilsk.
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JOHANNESBURG, SOUTH AFRICA - Harmony Gold Mining says it will try to block Gold Fields International&#39;s merger proposal with Toronto-based Iamgold, despite a South African court ruling prohibiting it from doing so.
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Johannesburg - Harmony on Monday accused Gold Fields Limited of diverting attention from its own shortcomings by trying to stop a hostile take-over bid in the United States courts.
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SEATTLE, March 9 -- The Bush administration has objected to a proposed open-pit coal mine in Canada near the Montana border, citing the potential for irreversible environmental damage to Glacier National Park, pristine trout streams and the largest natural lake in the West.
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Gold Fields loses a key legal decision in its fight against Harmony's $8.2bn hostile takeover bid but remains confident that its shareholders will reject the bid.
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JOHANNESBURG : South African mining giant Gold Fields lost a high court bid to halt a hostile takeover by rival Harmony Gold, which is seeking to create the world&#39;s biggest gold producer, a court official said.
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The chief executive of Gold Fields, the South African gold producer, yesterday said he would urge the board to turn down an $8.1billion (Â£4.
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Harmony Gold Mining Ltd. said Monday it would continue its multibillion dollar (euro) takeover bid for Gold Fields Ltd. and will defend legal action brought against it by Gold Fields in a US court.