JOHANNESBURG, April 3, 2013 /CNW/ - Gold Fields Limited (Gold
Fields) (JSE, NYSE, NASDAQ Dubai: GFI) today announced that
attributable Group production for the new Gold Fields, excluding
any contribution from Sibanye Gold, for the March 2013 quarter (Q1 2013) is expected to be
476,000 gold-equivalent ounces. Cash costs are expected to be
approximately US$830/oz and NCE is
expected to be approximately US$1,290/oz.
This performance from the new Gold Fields is in-line with the
production guidance for 2013 of between 1,825,000 and 1,900,000
ounces and the cash cost and NCE guidance of US$860/oz and US$1,360/oz respectively.
When Gold Fields reports its results for Q1 2013, it will, for
accounting reasons, have to include two months of production
(January and February 2013) from
Sibanye Gold. On that basis production is expected to be reported
as approximately 662,000 gold-equivalent ounces. Total cash costs
are expected to be approximately US$915/oz and NCE US$1,325/oz.
Gold Fields will release its results for Q1 2013 on Friday,
10 May 2013.
Notes to editors
About Gold Fields
Gold Fields is a significant unhedged producer of gold with
attributable annualised production of 2.1 million gold equivalent
ounces from six operating mines in Australia, Ghana, Peru
and South Africa. Gold Fields also
has an extensive and diverse global growth pipeline with four major
projects at resource development and feasibility level. Gold Fields
International has total managed gold-equivalent Mineral Reserves of
64 million ounces and Mineral Resources of 155 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).
In February 2013, Gold Fields
unbundled its KDC and Beatrix mines in South Africa into a separately listed company,
Sibanye Gold.
Sponsor: J.P. Morgan Equities Limited
SOURCE Gold Fields Limited