Quarterly reports

FOURTH QUARTER FISCAL 2009

	Quarterly report online (HTML)
	PDF booklet (PDF - 381 KB)
	Audit opinion (PDF - 334 KB)
	Presentation (PDF - 4MB)
	Results presentation transcript (PDF - 844KB)
	Results conference call transcript (PDF - 65KB)
	Results presentation webcast

TELEVISION INTERVIEWS

		BBC interview with Nick Holland
		CNBC interview with Nick Holland

RECORD SAFETY YEAR.
PRODUCTION AND COST BEAT GUIDANCE FOR THE QUARTER.

JOHANNESBURG. 6 August 2009, Gold Fields Limited (NYSE & JSE: GFI) today announced normalised earnings excluding gains and losses on foreign exchange, financial instruments, exceptional items and share of profits and losses of associates after taxation for the June 2009 quarter of R949 million, compared with normalised earnings of R1,369 million and R943 million for the March 2009 and the December 2008 quarters respectively. In US dollar terms normalised earnings for the June 2009 quarter were US$109 million, compared with of US$146 million and US$123 million for the March 2009 and the December 2008 quarters respectively.

• Attributable gold production increased by 4 per cent to 906,000 ounces;
• Total cash costs decreased 6 per cent from R150,301 per kilogram (US$471 per ounce) to R140,916 per kilogram (US$512 per ounce);
• Notional cash expenditure decreased 5 per cent from R213,403 per kilogram (US$668 per ounce) to R203,042 per kilogram (US$738 per ounce);
• Commenced construction of Athena, the fourth underground mine at St Ives, in July.
• Offer post quarter end to be made for Glencar which owns the Komana project in Mali. 29.9 per cent acquired to date;
• The 19.9 per cent stake in Sino Gold sold for a consideration of US$282 million and closed in July;
• Net debt declines from R7.7 billion to R6.1 billion.

A final dividend of 80 SA cents per share is payable on 31 August 2009, giving a total dividend for financial 2009 of 110 SA cents per share

THIRD QUARTER FISCAL 2009

	Quarterly report online (HTML)
	PDF booklet (PDF - 347 KB)
	Results webcast
	Results teleconference transcript (PDF - 235 KB)
	Media coverage on the results (PDF - 66 KB)

EARNINGS BOOSTED BY HIGHER PRODUCTION AND GOLD PRICE

JOHANNESBURG. 7 May 2009, Gold Fields Limited (NYSE & JSE: GFI) today announced headline earnings for the March 2009 quarter of R1,512 million, compared with headline earnings of R484 million and R1,246 million for the December 2008 and the March 2008 quarters respectively. In US dollar terms headline earnings for the March 2009 quarter were US$163 million, compared with earnings of US$55 million and US$176 million for the December 2008 and the March 2008 quarters respectively.

March 2009 quarter salient features:

• Attributable gold production increased 4 per cent to 871,000 ounces;
• Operating profit increased 55 per cent to R4.0 billion;
• Total cash costs decreased 2 per cent from R153,893 per kilogram (US$487 per ounce) to R150,301 per kilogram (US$471 per ounce);
• Notional cash expenditure decreased 13 per cent from R244,210 per kilogram (US$774 per ounce) to R213,403 per kilogram (US$668 per ounce);
• Mvela Gold subscribed for 15 per cent of GFI Mining South Africa (Pty) Limited (GFIMSA) and exercised its right to use the GFIMSA shares to subscribe for 50 million new ordinary shares in Gold Fields Limited;
• Net debt decreased from R9.4 billion (US$970 million) to R7.7 billion (US$810 million);
• Liquidity improved by cost effective refinancing package.

SECOND QUARTER FISCAL 2009

	Quarterly report online (HTML)
	PDF booklet (PDF - 398 KB)
	Results presentation webcast
	Results presentation transcript (PDF - 1MB)
	Results teleconference transcript (PDF - 68 KB)

FULL PRODUCTION ACHIEVED ON EXPANSION PROJECTS AT END DECEMBER 2008

JOHANNESBURG. 29 January 2009, Gold Fields Limited (JSE and NYSE: GFI) today announced headline earnings for the December 2008 quarter of R484 million, compared with earnings of R39 million and R456 million for the September 2008 and December 2007 quarters respectively. In US dollar terms headline earnings for the December 2008 quarter were US$55 million, compared with earnings of US$5 million and US$67 million in the September 2008 and December 2007 quarters respectively.

December 2008 quarter salient features:

• Attributable gold production of 839,000 ounces; 5 per cent higher than the previous quarter and in line with guidance;
• Cash costs were flat at R153,893 per kilogram but decreased by 21 per cent in dollar terms from US$617 per ounce in the September quarter to US$487 per ounce in the December quarter due to the weaker rand and Australian dollar;
• NCE increased by 8 per cent to R244,210 per kilogram this quarter but decreased from US$909 per ounce to US$774 per ounce due to the weaker rand and Australian dollar;
• Project capital expenditure at Cerro Corona and Tarkwa fully completed in line with guidance;
• Cerro Corona achieved full production late in the December quarter;
• Kloof Main shaft infrastructure rehabilitation completed as planned;
• The CIL plant expansion at Tarkwa achieved rock into mill on 12 December 2008 and name plate capacity on 23 December 2008.

Interim dividend number 70 of 30 SA cents per share is payable on 23 February 2009.

FIRST QUARTER FISCAL 2009

	Quarterly report online
	PDF booklet [PDF - 1.25MB]
	Q1 F2009 Results teleconference transcript (PDF - 80 kb)

Q1 F2009 MEDIA COVERAGE

	Moneyweb interview with Nick Holland
	Classic FM interview with Nick Holland transcript

SHORT TERM EARNINGS REDUCED BY SAFETY RELATED MEASURES AT THE SOUTH AFRICAN OPERATIONS

JOHANNESBURG. 29 October 2008, Gold Fields Limited (NYSE & JSE: GFI) today announced normalised earnings excluding gains and losses on foreign exchange, financial instruments, exceptional items, share of loss of associates after taxation and discontinued operations for the September 2008 quarter of R120 million, compared with earnings of R943 million and R409 million for the June 2008 and September 2007 quarters respectively. In US dollar terms normalised earnings excluding gains and losses on foreign exchange, financial instruments, exceptional items, share of loss of associates after taxation and discontinued operations for the September 2008 quarter were US$16 million, compared with earnings of US$123 million and US$58 million in the June 2008 and the September 2007 quarters respectively.

September 2008 quarter salient features:

• Improved safety performance;
• Attributable gold production decreased as expected by 8 per cent to 798,000 ounces; half the shortfall is attributable to short term safety related rehabilitation in South Africa;
• Cash cost at R153,461 per kilogram (US$617 per ounce) was similar to guidance while NCE at R226,120 per kilogram (US$909 per ounce) was 8 per cent better than guidance;
• Rehabilitation of 95 2 West and 95 3 West access ramps at South Deep completed by the end of September;
• First shipment of concentrate at Cerro Corona took place on 30 September;
• Main shaft infrastructure rehabilitation at Kloof well on track for completion by end December 2008;
• St Ives’ Belleisle achieved full production.

Final dividend number 69 of 120 SA cents per share is payable on 25 August 2008, giving a total dividend for financial 2008 of 185 SA cents per share.

Statement by Nick Holland, Chief Executive Officer of Gold Fields:

“During the September quarter Gold Fields delivered its best safety performance ever, indicating that the intense focus on safety is delivering results. However, despite the significant improvements across all measures, we are not yet satisfied. Gold Fields remains committed to improving all its safety metrics and safe production remains the number one priority.

In line with the guidance that we provided for Q1 F2009, our earnings were reduced significantly by the safety related rehabilitation work at the Driefontein, Kloof and South Deep mines in South Africa, as well as by higher costs, driven largely by the annual wage increases in South Africa and the higher power tariffs in both South Africa and Ghana, along with continued inflation across the globe.

However, with the rehabilitation work in South Africa as well as the international growth projects scheduled for completion by the end of December, we remain on track to achieve our short term target of a run rate of approximately 1 million attributable equivalent ounces of gold during the March quarter next year, at an NCE of approximately US$725/oz at R/US$8.00.

A major milestone was achieved post quarter end with Cerro Corona making its first shipment of concentrate.”