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Gold Fields Says NERSA Approval Of South Deep Solar Plant
Gold Fields Says Total Capex For 2021 Expected To Be US$1.177 Bln
Gold Fields Ltd Sees FY HEPS To Range From $0.81-$0.85 Per Share
Gold Fields Limited (Gold Fields) is a gold mining company. The Company is a producer of gold and a holder of gold reserves. The Company is involved in underground and surface gold and copper mining and related activities, including exploration, development, extraction, processing and smelting. It has approximately eight producing mines located in South Africa, Ghana, Australia and Peru. It operates through four segments: South Africa, Ghana, Australia and Peru. Its South African operation is South Deep. Gold Fields also owns the St. Ives mine, the Agnew mine and the Yilgarn South Assets in Australia, and has an interest in each of the Tarkwa gold mine and the Damang gold mine in Ghana. Gold Fields also owns an economic interest in the Cerro Corona mine. In Peru, Gold Fields also produces copper. In addition, Gold Fields has gold and other precious metal exploration activities and interests in Africa, Eurasia, Australasia and the Americas.
Gold & Silver
150 HELEN ROAD, SANDOWN
Cheryl Ann Carolus
Non-Executive Chairman of the Board
Nicholas J. Holland
Chief Executive Officer, Executive Director
Richard Peter Menell
Non-Executive Vice Chairman of the Board
Paul A. Schmidt
Chief Financial Officer, Executive Director
Executive Vice President - Investor Relations and Corporate Affairs
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South Africa's energy regulator on Thursday approved a power generation licence for a large solar plant at Gold Fields' South Deep mine, a long-awaited breakthrough for miners desperate to curb their reliance on ailing utility Eskom.
South African miner Gold Fields Ltd posted a more than four-fold jump in annual earnings on Thursday on the back of higher bullion prices and said it is preparing for substantial capital expenditure in 2021.
Gold Fields Limited said basic earnings per share for the full-year 2020 will range from $0.80 to $0.84, or 300% to 320% higher than the figure for the previous year, thanks to strong gold prices and slightly higher production.
Gold Fields has appointed former Anglo American Platinum (Amplats) boss Chris Griffith as CEO, the South African miner said on Thursday.
South African miner Gold Fields on Thursday reported a 7% higher production in the third quarter.
Miner Gold Fields <GFIJ.J> said on Friday it was reviewing the approvals given to each of its Australian sites after Rio Tinto <RIO.AX> destroyed historically significant Aboriginal rockshelters which led to the resignation of its chief executive.
South African miner Gold Fields reported a big jump in half-year earnings on Thursday, benefiting from a surge in the price of gold.
Gold Fields hopes to reach full production at its only gold mine in South Africa by the end of May, its chief executive said on Thursday, as it forecast limited impact to its global output from the coronavirus pandemic.
Gold Fields on Thursday said it expects to lose 32,000 ounces of production at its South African South Deep mine due to a nationwide lockdown.
* JSE: GFI - OPERATIONAL UPDATE FOR THE QUARTER ENDED 31 MARCH 2020
Gold Fields on Wednesday reported a jump in 2019 profit as the South African miner benefited from increased gold production and a higher gold price.
Gold Fields on Wednesday reported a jump in 2019 profit as the South African miner produced more gold and gold prices edged higher.
South African miner Gold Fields Ltd <GFIJ.J> has hired investment bank RBC Capital Markets to explore the sale of a 30% stake in its gold project in northern Chile, two sources said.
* All Of Secondary Listed Registered Shares Of Gold Fields Will Be Delisted From Six Swiss Exchange Source text: https://bit.ly/2HuNqoU Further company coverage: (Gdynia Newsroom)
Workers will return to Gold Fields' sole South African mine on Thursday after a six-week strike was called off by the country's National Union of Mineworkers (NUM), with production likely to resume in earnest next year. Workers from the largest union operating at the South...
Gold Fields said on Wednesday it had offered union members striking at its South Deep mine in South Africa an increased severance package to try to resolve the dispute which has halted production.
South African miner Gold Fields Ltd aims to extend the life of its Cerro Corona gold mine in Peru through 2040 with an investment of at least $240 million, the company's vice president for the Americas said late on Wednesday.
* Gold Fields H1 profit unchanged (Recasts with CEO comment, adds results, share price)
* Shares down more than 12 pct (Adds CEO, mines minister, union comment, details)
South Africa's Gold Fields is setting aside pursuit of new acquisitions for a year as it focuses on its existing operations and nearby prospects instead, the bullion producer's chief executive told Reuters late on Tuesday.
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