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Gold Fields (following the unbundling of Sibanye Gold) is a large unhedged producer of gold with attributable annual production of approximately 2 million gold ounces from six operating mines in Australia, Ghana, Peru and South Africa. The new Gold Fields also has an extensive and diverse global growth pipeline with four major projects in resource development and feasibility. The new Gold Fields has total attributable gold Mineral Reserves of 54.9 million ounces and Mineral Resources of 125.5 million ounces. Gold Fields is listed on the JSE Limited (primary listing), the New York Stock Exchange (NYSE), NASDAQ Dubai Limited, Euronext in Brussels (NYX) and the Swiss Exchange (SWX). In February 2013, Gold Fields unbundled its KDC and Beatrix mines in South Africa into a separately listed company, Sibanye Gold. |
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Media ReleasesGold Fields guidance update for Q2 2012Wednesday,
Johannesburg, 04 July 2012: Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) today announced that attributable Group production for the June 2012 quarter (Q2 2012) is expected to be 862,000 gold equivalent ounces, which is similar to the production for the corresponding quarter a year ago (Q2 2011: 872,000) and 4% higher than the March 2012 quarter (Q1 2012: 827,000). Total cash costs and notional cash expenditure (NCE) for the quarter are expected to be approximately US$855/oz (R222,000/kg) and US$1,310/oz (R340,000/kg) respectively. This is in line with the annual guidance provided in February of US$860/oz (R220,000/kg) for cash cost and US$1,300/oz (R335,000/kg) for operational NCE and anticipated capital project expenditure of between US$40 per ounce and US$70 per ounce. This guidance is based on exchange rates of ZAR/US$8.06 and A$/US$1.01 for Q2 2012. Gold Fields will release full results for Q2 2012 on Thursday, 23 August 2012. Previous page
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