Gold Fields sells out of Red 5

SOUTH Africa’s Gold Fields has taken advantage of the rise in Red 5’s share price to sell its 19.9% stake.

Gold Fields sells out of Red 5 Gold Fields sells out of Red 5 Gold Fields sells out of Red 5 Gold Fields sells out of Red 5 Gold Fields sells out of Red 5

Darlot

Gold Fields sold its 249.6 million shares for A12c each on market, realising proceeds of $29.6 million.

The company acquired the stake via the sale of its Darlot gold mine to Red 5 for $18.

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