More Gold Fever: Gold Field's Hostile Tilt For Gold Road
Gold Road Resources (GOR AU) has rejected an unsolicited offer from Gold Fields Ltd (GFI SJ),
In a bid to secure control over the Gruyere JV mine in WA, Gold Roads offered A$2.27/share, "plus ... Gold Road’s interest in .. De Grey Mining (DEG AU)."
To spice things up Gold Road countered with a proposal to acquire Gold Fields’ interest in Gruyere, which was also rejected by Gold Fields.
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