On May 11, 2026, Gold Fields Limited and certain of its affiliates completed the US$167 million sale of a portfolio of eight royalties over mining projects located in Canada, Peru, Ghana and Australia, together with certain deferred receivables from Galiano Gold Inc., to OR Royalties Inc. The transaction involved non-core mining assets spanning multiple jurisdictions and formed part of Gold Fields' broader portfolio management strategy.
The sale enabled Gold Fields to unlock value from a diverse portfolio of royalty interests and receivables while furthering its objective of enhancing the quality of its precious metals production base. The transaction required the coordination of assets and related rights across several mining jurisdictions, underscoring its complexity and strategic importance. By successfully monetizing these non-core assets, Gold Fields strengthened its ability to focus capital and resources on its core mining operations and long-term growth objectives.
Fasken advised Gold Fields Limited with a team led by Brian Graves and Myroslav Chwaluk, and included Kathryn McCoy, Rohat Jumani, Tom Eldridge, Danuta de Vries, Christopher Steeves and Paul Casuccio.
Jurisdictions
- Ontario
- London
- Peru
- Australia
