FinancialNewsMedia.com News Commentary 2020 can be remembered as anything but a stable year for the markets. With rising political and economic uncertainty, gold has become a go-to asset for many investors looking to reduce the risks and diversify their portfolios. But the question now is: after setting fresh records this year, will gold prices go [...]
The Board of Gold Fields is pleased to announce the appointment of Chris Griffith as the Chief Executive Officer designate and Executive Director of the Company. Mr Griffith will succeed Nick Holland on 1 April 2021. Mr Holland, who was due to retire on 30 September 2021 after 13 years as CEO of the Company, has agreed to retire six months earlier [...]
Gold Fields Ltd. remains in a strong financial position. During Q3 2020, there was a further decrease in the net debt balance to US$1,159m at 30 September 2020 from US$1,239m at 30 June 2020, after taking into account the interim dividend payment of US$85m. This implies a net debt to EBITDA of 0.68x, compared to 0.84x at end June 2020. The net debt [...]
Gold Fields Ltd. today announced profit attributable to owners of the parent for the six months to 30 June 2020 of US$156m . This compared with profit of US$71m for the six months to 30 June 2019. Normalised profit of US$323m for the six months to 30 June 2020 compared with profit of US$126m for the six months to 30 June 2019. An interim dividend [...]
Gold Fields Ltd. advises that basic earnings per share for the six months ended 30 June 2020 are expected to be between US¢17.1-18.9 per share, an increase of 90-110% from the basic earnings of US¢9.0 per share reported for the six months ended 30 June 2019 . The full release is available on our website www.goldfields.com Gold Fields is expected to [...]
Gold Fields Ltd. today published its Integrated Annual Report 2019 and a number of associated reports on its website. These are the statutory Annual Financial Report 2019, including the Governance Report, containing the audited separate and consolidated financial statements for the year ended 31 December 2019, the 2019 Mineral Resources and Mineral [...]
Gold Fields Ltd. fully supports the measures and policies to curb the Covid-19 pandemic implemented by the countries in which we operate. "The world finds itself facing an unprecedented situation - the Covid-19 pandemic has forced governments across the globe to take decisive actions to safeguard the lives of their people. Gold Fields is fully [...]
Corporate International Holdings B.V. , an indirect wholly-owned investment subsidiary of Gold Fields Ltd. , announces that it has entered into an agreement dated March 14, 2020 with Nord Gold SE to dispose of 81,038,233 ordinary shares in the capital of Cardinal Resources Ltd. , at a price of A$0.45775 per Ordinary Share , for total cash [...]
Gold Fields Ltd. announced normalised profit of US$343m for the year ended 31 December 2019 compared with normalised profit of US$27m for the year ended 31 December 2018. A final dividend number 91 of 100 SA cents per share is payable on 16 March 2020, giving a total dividend for the year ended 31 December 2019 of 160 SA cents per share . For more [...]
Gold Fields Ltd. advises that headline earnings per share for the 12 months ended 31 December 2019 are expected to range from US$0.19-0.21 per share, 171-200% higher than the headline earnings of US$0.07 per share reported for the 12 months ended 31 December 2018 . Basic earnings per share for FY 2019 are expected to range from US$0.19-0.21 per [...]
Gold Fields Ltd. is pleased to announce that the Atacama Environmental Assessment Commission today approved the environmental impact study for its Salares Norte project in Chile. The environmental approval for the project is a crucial step for Gold Fields as it evaluates a construction decision. "The company will now formulate a funding plan [...]
Gold Fields Ltd. is pleased to provide an operational update for the quarter ended 30 September 2019. Detailed financial and operational results are provided on a six-monthly basis i.e. at the end of June and December. For more information, please visit the company website: www.goldfields.com Notes to editors About Gold Fields [...]
