Gold Fields Ltd
NYSE:GFI

  • LAST PRICE
    17.6500
  • TODAY'S CHANGE (%)
    -0.1200 (-0.6753%)
  • Bid / Lots
    17.5600/ 1
  • Ask / Lots
    17.7000/ 5
  • Open / Previous Close
    17.7900 / 17.7700
  • Day Range
    17.6100
    17.9300
  • 52 Week Range
    10.3100
    18.9650
  • Volume
    5,168,652

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  • Apr 2, 2024

      Show headlines and story abstract

    • 2:33AM ET on Tuesday Apr 02, 2024 by Dow Jones
      Companies Mentioned: GFI
      By Michael Susin Gold Fields said production for the first quarter will be lower than previously expected following an accident at the South Deep mine in South Africa and bad weather in Australia and Peru. The South African gold-mining company on Tuesday said that attributable gold equivalent production for the quarter--excluding Asanko operations--is expected to be between 460,000 ounces and 470,000 ounces. The company said operations at South Deep were impacted by a fatal accident on Jan. 2, and reduced access. The group expects production in the mine to be between 57,400 ounces and 58,000 ounces. However, the group backed its 2024 guidance as it sees gold equivalent production of between 2.33 million ounces and 2.43 million ounces, and all-in sustaining costs between $1,410 and $1,460 per ounce. Gold Fields added that it has started production at the Salares Norte project in northern Chile with the delivery of the first gold on March 28. Write to Michael Susin at michael.susin@wsj.com (END) Dow Jones Newswires April 02, 2024 02:58 ET (06:58 GMT)

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