Posted in | News | Non-Ferrous Alloys and Metals | Precious Metal | Mining

Gold Fields Complete Sale of Venzuelan Assets

Dec 3 2007

Gold Fields Limited (Gold Fields) is pleased to announce the successful completion of the transaction announced on 12 October 2007, whereby Gold Fields has disposed of all its assets in Venezuela to Rusoro Mining Ltd.

Gold Fields received US$180 million in cash and 140 million newly-issued Rusoro shares, which represent approximately 37% of the outstanding shares of Rusoro.

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