Gold Fields Guidance Update for Q2 2014
JOHANNESBURG, July 9, 2014 /CNW/ - Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) today announced that attributable gold equivalent production for the Group, for the June 2014 quarter (Q2 2014), is expected to be approximately 547,000 gold equivalent ounces.
All-in sustaining costs (AISC) and all-in costs (AIC) are expected to be approximately US$1,055/oz and US$1,095/oz, respectively.
With these results Gold Fields remains on track to achieve its guidance for the full-year 2014, of approximately 2,200,000 ounces of gold equivalent production at an AISC of 1,125/oz and an AIC of US$1,150/oz, as published on 13 February, 2014.
Gold Fields will release its full results for Q2 2014 on Thursday, 21 August 2014.
Notes to editors
About Gold Fields
Gold Fields Limited is an unhedged, globally diversified producer of gold with eight operating mines in Australia, Ghana, Peru and South Africa. In February 2013, Gold Fields unbundled its mature, underground KDC and Beatrix mines in South Africa into an independent and separately listed company, Sibanye Gold. In October 2013, it expanded its presence in Western Australia by acquiring the Granny Smith, Lawlers and Darlot mines (known as the Yilgarn South Assets) from Barrick Gold.
Gold Fields has attributable annual gold production of approximately 2.02 million ounces, as well as attributable Mineral Reserves of around 49 million ounces and Mineral Resources of about 113 million ounces. Attributable copper Mineral Reserves total 708 million pounds and Mineral Resources 7,120 million pounds. Gold Fields has a primary listing on the JSE Limited, with secondary listings on the New York Stock Exchange (NYSE), NASDAQ Dubai Limited, Euronext in Brussels (NYX) and the Swiss Exchange (SWX).
Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd
SOURCE Gold Fields Limited