Gold Fields Ltd (JSE:GFI)
R 289.98 4.58 (1.6%) Market Cap: 259.54 Bil Enterprise Value: 279.75 Bil PE Ratio: 22.71 PB Ratio: 3.02 GF Score: 88/100

Gold Fields Ltd Provides Market Update on Yamana Gold Inc Acquisition Call (Media) Transcript

Jul 11, 2022 / 08:00AM GMT
Release Date Price: R157.25 (-0.82%)
Operator

Good day, ladies and gentlemen, and welcome to Gold Fields Media Roundtable Conference Call. (Operator Instructions) Please note that this event is being recorded. I'd now like to hand the conference over to Mr. Chris Griffith. Please go ahead, sir.

Christopher Ivan Griffith
Gold Fields Limited - CEO & Executive Director

Cheta, thanks very much, and good morning and thank you for dialing in to today's call. And so before we open up for questions, I'd like to say a few words about the announcement that we made earlier today.

Over the past month, Gold Fields and Yamana have engaged extensively with shareholders. I think these meetings have been productive. Today, we're providing, on the back of that, an update to the market to give further clarity on certain elements of the transaction, how we've evaluated the potential of the opportunity and our growing conviction on cash flows.

Alongside this, we're also announcing 2 developments to the proposed transaction. And the first is that we will be revising our dividend policy -- the dividend

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