Finweek English Edition - - INVESTMENT -

We said it would hap­pen and it is start­ing: the lo­cal gold min­ers are split­ting them­selves into two. Gold Fields will spin out the KDC and Beatrix mines into a new listed en­tity called Sibanye Gold to be run by Neal Frone­man, who up un­til this an­nounce­ment, was CEO of Gold One. Al­ready there’s talk of a pos­si­ble tie-up with Gold One, or maybe Sibanye will go back to the old way of gold min­ing in South Africa.

Gold Fields

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