JOHANNESBURG, July 4, 2012 /PRNewswire/ --
Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI)
today announced that attributable Group production for the
June 2012 quarter (Q2 2012) is
expected to be 862,000 gold equivalent ounces, which is similar to
the production for the corresponding quarter a year ago (Q2 2011:
872,000) and 4% higher than the March
2012 quarter (Q1 2012: 827,000).
Total cash costs and notional cash expenditure (NCE) for the
quarter are expected to be approximately US$855/oz (R222,000/kg) and US$1,310/oz (R340,000/kg) respectively. This is
in line with the annual guidance provided in February of
US$860/oz (R220,000/kg) for cash cost
and US$1,300/oz (R335,000/kg) for
operational NCE and anticipated capital project expenditure of
between US$40 per ounce and
US$70 per ounce.
This guidance is based on exchange rates of ZAR/US$8.06 and A$/US$1.01 for Q2 2012.
Gold Fields will release full results for Q2 2012 on Thursday,
23 August 2012.
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 80.6
million ounces and Mineral Resources of 217 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
Investor Enquiries
Willie Jacobsz
Tel: +27-11-562-9775
Mobile: +27-82-971-9238 (SA)
Mobile: +1-857-241-7127 (USA)
Email: Willie.Jacobsz@goldfields.co.za
Media Enquiries
Sven Lunsche
Tel: +27-11-562-9763
Mobile: +27-83-260-9279
Email: Sven.Lunsche@goldfields.co.za
SOURCE Gold Fields Limited