JOHANNESBURG, December 20 /PRNewswire-FirstCall/ -- Gold Fields Limited ("Gold Fields") (NYSE:GFINYSE:JSE:GFINYSE:DIFX:GFI) today published an updated operational guidance statement for Q2 F2008. Overall attributable production* for Q2 F2008 is expected to be down approximately 3.5% compared to that reported for Q1 F2008 and group total cash costs is expected to increase by approximately 8% in US$ terms and 3% in Rand terms. Production from the South African mines is expected to be down by approximately 7% against the production achieved for Q1 F2008, largely as a result of a variety of safety related events including accidents, work stoppages and suspensions of operations ordered by the Department of Minerals and Energy. Attributable production from the International mines, excluding Choco 10, is expected to increase by approximately 1.5%. Gold Fields will publish its results for Q2 F2008 on Thursday, 31 January 2008. *Choco 10, which was sold early in the quarter, will be accounted for as a discontinued operation, and is excluded from all comparisons. Gold Fields Limited is one of the world's largest unhedged producers of gold with attributable production of more than four million ounces per annum, total attributable ore reserves of 92 million ounces and mineral resources of 252 million ounces. The Group employs some 47,000 permanent employees across its operations and is listed on the JSE Limited South Africa (primary listing), the New York Stock Exchange (NYSE) and the Dubai International Financial Exchange (DIFX). http://www.goldfields.co.za/ DATASOURCE: Gold Fields Limited CONTACT: ENQUIRIES: Willie Jacobsz +27-82-493-1377,

Copyright

Gold Fields (NYSE:GFI)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Gold Fields Charts.
Gold Fields (NYSE:GFI)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Gold Fields Charts.