NEWS ANALYSIS: Why Gold Fields’ new boss may need a bold M&A strategy
A megadeal with working mines and a pipeline of development projects and exploration properties would solve ageing mines’ problems
11 October 2023 - 05:00
Gold Fields has a new leader with a golden opportunity. Mike Fraser, who was named as the new CEO on Monday, inherits a company that is swimming in cash thanks to elevated gold prices and low costs. But he also faces the challenge of replenishing its reserves and extending its mine life.
A big mergers & acquisitions deal may be tempting for Fraser, a seasoned mining executive with a global track record. ..
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