August 3, 2017 / 10:29 AM / 3 months ago

BRIEF-Gold Fields announces sale of Darlot mine to Red 5

Aug 3 (Reuters) - Gold Fields Ltd:

* Sale of Darlot mine to Red 5

* Gold Fields Ltd - ‍sale of Darlot mine in Western Australia, through wholly owned unit, to Red 5 Limited for a total consideration of a $18.5 million​

* Gold Fields Ltd - ‍deferred consideration may be taken as additional shares in red 5 or as cash at Gold Fields’ election​

* Gold Fields Ltd - ‍Red 5 intends to undertake a rights issue in order to assist with funding of cash component and general working capital purposes​ Source text for Eikon: Further company coverage:

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