Gold Fields guidance update for Q2 2012
Wednesday, 4 July 2012
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.