JOHANNESBURG, February 17, 2012 /PRNewswire/ --
Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI)
today announced net earnings for the December quarter of R2,605
million compared with R2,055 million in the September quarter and a
loss of R777 million in the December
2010 quarter. In US dollar terms net earnings for the
December quarter were US$336 million,
compared with US$293 million in the
September quarter and a loss of US$106
million in the December 2010
quarter. Net earnings of R7,027 million (US$973 million) for the year ended December 2011 compared with R1,139 million
(US$153 million) for the year ended
December 2010.
December 2011 quarter salient
features:
- Group attributable equivalent gold production of 883,000
ounces;
- Total cash cost decreased from US$851 per ounce to US$767 per ounce;
- Operating margin of 56 per cent and NCE margin of 28 per
cent reflecting good cost control and higher prices;
- Project pipeline gaining momentum;
- Fourth place ranking in the resources sector of the Dow
Jones sustainability index.
A final dividend of 230 SA cents per share is payable on
12 March 2012, giving a total
dividend for the year ended December
2011 of 330 SA cents per share.
The full results are available on the Gold Fields
website: http://www.goldfields.co.za
Notes to editors
About Gold Fields
Gold Fields is one of the world's largest unhedged producers of
gold with attributable annualised production of 3.5 million gold
equivalent ounces from eight operating mines in Australia, Ghana, Peru
and South Africa. Gold Fields also
has an extensive and diverse global growth pipeline with four major
projects in resource development and feasibility, with construction
decisions expected in the next 18 to 24 months. Gold Fields
has total attributable gold equivalent Mineral Reserves of 76.7
million ounces and Mineral Resources of 225.4 million ounces. Gold
Fields is listed on the JSE Limited (primary listing), the New York
Stock Exchange (NYSE), NASDAQ Dubai Limited, Euronext in
Brussels (NYX) and the Swiss
Exchange (SWX).
Sponsor: J.P. Morgan Equities
Limited
Enquiries
Investor Enquiries
Zakira Amra
Tel: +27-11-562-9775
Mobile: +27(0)79-694-0267
email: Zakira.Amra@goldfields.co.za
Willie Jacobsz
Tel: +508-839-1188
Mobile: +857-241-7127
email: Willie.Jacobsz@gfexpl.com
Media Enquiries
Sven Lunsche
Tel: +27-11-562-9763
Mobile: +27(0)83-260-9279
email: Sven.Lunsche@goldfields.co.za
SOURCE Gold Fields Limited