JOHANNESBURG, Oct. 3, 2013 /CNW/ - Gold Fields Limited (Gold
Fields) (JSE, NYSE, NASDAQ Dubai: GFI) today announced that
attributable Group production for the September 2013 quarter (Q3 2013) is expected
to be 496,000 gold-equivalent ounces, which is 10% higher than the
451,000 achieved in the June 2013
quarter (Q2 2013).
Cash costs are expected to be approximately US$780/oz, which is 9% lower than the
US$857/oz achieved in Q2, and
notional cash expenditure (NCE) is expected to be approximately
US$1,080/oz, 13% lower than the
US$1,239/oz achieved in Q2.
Gold Fields is on track to achieve its full-year production
guidance for 2013 of between 1,825,000 and 1,900,000 ounces, as
well as its guidance for cash cost and NCE of US$830/oz and US$1,240/oz respectively, as revised on
22 August, 2013. The original cash
cost and NCE guidance for 2013 was US$860/oz and US$1,360/oz respectively.
Gold Fields will release its full results for Q3 2013 on
Wednesday, 20 November 2013.
Notes to editors
About Gold Fields
Gold Fields Limited is an unhedged, globally diversified
producer of gold with nine operating mines in Australia, Ghana, Peru
and South Africa. In February 2013 Gold Fields unbundled its KDC and
Beatrix mines in South Africa into
an independent and separately listed company, Sibanye
Gold. In October 2013
Gold Fields acquired Barrick's Granny Smith, Lawlers and
Darlot Gold Mines in Western Australia. Gold Fields subsequently
has attributable gold-equivalent annual production of approximately
2.2 million ounces, Mineral Reserves of approximately 60 million
ounces and Mineral Resources of approximately 161 million ounces.
Gold Fields has a primary listing on the JSE Limited, with
secondary listings on the New York Stock Exchange (NYSE), NASDAQ
Dubai Limited, Euronext in Brussels (NYX) and the Swiss Exchange
(SWX).
Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd
SOURCE Gold Fields Limited