Gold Fields Sells Non-core Investments to Pay Down Debt

JOHANNESBURG, June 6, 2019 /PRNewswire/ — In line with its key strategic objective of paying down its debt, Gold Fields Limited (JSE: GFI) (NYSE: GFI) has sold its shareholdings in two of its non-core investments, Maverix Metals and Red 5, for combined proceeds of US$88m. Both positions were sold at a significant premium to the look-through acquisition costs.