An Overview of Gold Fields
Gold Fields (NYSE:GFI) is a major gold producer with assets located throughout the world. Given its past focus on Africa, and in particular, South Africa, the company has a reputation of being an African gold miner. However this is not the case.
As I argued a year ago the company has been aggressively moving towards shifting its geographic footprint given the stigma of operating in Africa and other "risky" jurisdictions. I pointed out that the company had spun off Sibanye Gold (NYSE:SBGL), which now owns and operates all of Gold Field's South African assets except for one. I also pointed out that the company had bought assets from Barrick Gold (NYSE:...
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