Gold Fields to buy Barrick Gold's Australian assets for $300 mln

Thu Aug 22, 2013 2:19am EDT
 
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JOHANNESBURG Aug 22 (Reuters) - South African gold producer Gold Fields said on Thursday it plans to buy Barrick Gold's Australian assets for $300 million.

The acquisition will add 452,000 ounces to Gold Fields' annual production. Gold Fields expects to produce between 1.83 and 1.9 million ounces this year.