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Gold Road chief executive lashes ‘aggressive’ $3.3b takeover bid
Mark WembridgeResources reporter
Updated Mar 25, 2025 – 1.19pm, first published at 12.03pm
Gold Road Resources chief executive Duncan Gibbs says a $3.3 billion takeover bid from Gold Fields is too low, describing the proposal from the Johannesburg-listed miner as extremely aggressive and hostile.
The South African group lobbed the bid on Monday in the midst of a frenzy of transactions in the gold sector. Separately, the largest ASX-listed gold producer, Northern Star, had made a $5 billion takeover offer for De Grey Mining, in which Gold Road owns a 17.3 per cent stake.
Ann: Receipt and Rejection of NBIO from Gold Fields, page-43
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Last
$3.36 |
Change
-0.080(2.33%) |
Mkt cap ! $3.650B | |||
| Open | High | Low | Value | Volume |
| $3.48 | $3.48 | $3.36 | $44.26M | 13.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 63320 | $3.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.37 | 200 | 1 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| GOR (ASX) Chart |