Improved Performance From South Africa Region
JOHANNESBURG,
Aug. 23, 2012 /CNW/ - Gold Fields
Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) today
announced net earnings for the June quarter of R1,606 million
compared with R2,082 million in the March quarter and R1,267
million in the June 2011 quarter.
In US dollar terms net earnings for the June quarter were
US$198 million, compared with
US$268 million in the March quarter
and US$186 million in the
June 2011 quarter.
June 2012 quarter
salient features:
- Group attributable equivalent gold production of 862,000
ounces;
- Total cash cost of US$851 per
ounce and NCE of US$1,308 per
ounce;
- Operating margin of 47 per cent and NCE margin of 18 per
cent;
- Good progress made on South Deep project; and
- Stabilisation of production output at KDC.
Interim dividend of 160 SA cents per share is
payable on 5 September 2012.
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 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