JOHANNESBURG, Oct. 20, 2014 /CNW/ - Gold Fields Limited (Gold
Fields) (JSE, NYSE, NASDAQ Dubai: GFI) today published updated
production guidance for the Group for the September 2014 quarter (Q3 2014).
Attributable gold equivalent production for the quarter is
expected to be approximately 559,000 ounces at All-in Sustaining
Costs (AISC) of US$1,074/oz and
All-in Costs (AIC) of US$1,096/oz.
Gold Fields remains on track to achieve its production guidance
for the full-year 2014, of approximately 2,200,000 ounces of gold
equivalent production, as published on 13
February 2014.
Costs for the full year, however, is expected to be lower than
the guidance published on 13 February
2014. AISC guidance for the full year is revised down to
approximately US$1,090/oz (previously
US$1,125/oz) and AIC guidance is
revised down to approximately US$1,130/oz (previously US$1,150/oz).
Gold Fields will release its full results for Q3 2014 on
Thursday, 20 November 2014.
Notes to editors
About Gold Fields
Gold Fields Limited is an unhedged, globally diversified
producer of gold with eight operating mines
in Australia,
Ghana, Peru and South
Africa. In February 2013, Gold
Fields unbundled its mature, underground KDC and Beatrix mines in
South Africa into an independent
and separately listed company, Sibanye Gold. In October 2013, it expanded its presence in
Western Australia by acquiring the
Granny Smith, Lawlers and Darlot mines (known as the Yilgarn South
Assets) from Barrick
Gold.
Gold Fields has attributable annual gold production of
approximately 2.02 million ounces, as well as attributable Mineral
Reserves of around 49 million ounces and Mineral Resources of about
113 million ounces. Attributable copper Mineral Reserves total 708
million pounds and Mineral Resources 7,120 million pounds. 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