JOHANNESBURG, July 4, 2012 /CNW/ - 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
SOURCE Gold Fields Limited