Quarterly reports
Quarter ended 30 September 2011
JOHANNESBURG. 10 November 2011, Gold Fields Limited (NYSE & JSE: GFI) today announced record net earnings for the September
quarter of R2,055 million compared with R1,267 million in the June quarter and earnings of R701 million in the September 2010 quarter. In US
dollar terms net earnings for the September quarter were US$293 million, compared with US$186 million in the June quarter and earnings of
US$95 million in the September 2010 quarter.
- Group attributable equivalent gold production of 900,000 ounces, 3 per cent higher than the June quarter;
- Operating margin increased from 47 per cent to 51 per cent and NCE margin from 21 per cent to 29 per cent;
- Loans repaid of US$195 million funded from operating activities; and
- Second down payment of US$66 million made in the Far Southeast project in the Philippines, on positive drilling results.
Quarter ended 30 June 2011
JOHANNESBURG. 11 August 2011, Gold Fields Limited (NYSE & JSE: GFI) today announced net earnings for the June quarter of
R1,267 million compared with R1,100 million in the March quarter and earnings of R900 million in the June 2010 quarter. In US dollar terms net earnings for the June quarter were US$186 million, compared with US$158 million in the March quarter and earnings of US$120 million in the June 2010 quarter.
- Group attributable equivalent gold production of 872,000 ounces, 5 per cent higher than the March quarter;
- Total cash cost of R177,934 per kilogram (US$816 per ounce);
- NCE margin constant at 21 per cent;
- Programme to acquire minorities in Peru and Ghana completed; and
- 5 year US$1 billion loan facility secured.
Quarter ended 31 March 2011
JOHANNESBURG. 19 May 2011, Gold Fields Limited (NYSE & JSE: GFI) today announced net earnings for the March 2011 quarter of R1,100
million compared with a loss of R777 million in the December 2010 quarter and earnings of R316 million in the March 2010 quarter. In US dollar
terms net earnings for the March 2011 quarter were US$158 million, compared with a loss of US$106 million in the December 2010 quarter and
earnings of US$44 million in the March 2010 quarter.
- Group attributable gold production 830,000 ounces, 5 per cent higher than corresponding quarter last year;
- Total cash cost up 4 per cent to R168,455 per kilogram (US$751 per ounce) in line with corresponding quarter last year;
- Net operating costs reduced for the third successive quarter;
- NCE margin up 1 percentage point to 21 per cent; and
- Process of acquiring minorities in Peru completed and Ghana commenced.
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