Gold Fields Q1 2014 Guidance Update

Apr 10, 2014, 11:28 ET from Gold Fields Limited

JOHANNESBURG, April 10, 2014 /PRNewswire/ --

Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) today announced attributable Group production for the March 2014 quarter (Q1 2014) of approximately 557,000 gold equivalent ounces.

All-in sustaining costs (AISC) and all-in costs (AIC) for Q1 2014 are expected to be approximately US$1,095/oz and US$1,115/oz, respectively.

Production guidance for 2014, as published on 13 February 2014, is approximately 2,200,000 ounces at an AISC of 1,125/oz and an AIC of US$1,150/oz.

Gold Fields will release its results for Q1 2014 on Thursday, 8 May 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


Willie Jacobsz
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Sven Lunsche
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SOURCE Gold Fields Limited