JOHANNESBURG, South Africa, April 9, 2013 /CNW/ - Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) is pleased to report that employees at its Tarkwa and Damang mines in Ghana returned to work yesterday evening and this morning after embarking on illegal industrial action last Tuesday (2 April 2013).This follows after management and [...]
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 [...]
JOHANNESBURG, April 3, 2013 /CNW/ - Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI), regrets to report that employees at its Tarkwa and Damang mines in Ghana, in which it has a 90% interest, have today, at approximately 11.00am (Ghana time), embarked on illegal industrial action which has led to production at both mines being [...]
JOHANNESBURG, March 28, 2013 /CNW/ - Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) today published the Integrated Annual Review 2012 and the Annual Financial Report 2012 on its website. The Integrated Annual Review will be posted to shareholders by 8 April 2013.The Integrated Annual Review and the Annual Financial Report [...]
Gold mining stocks have largely underperformed gold prices over the past few years. Gold prices fell below $1,600 an ounce Tuesday as strong U.S. economic data and news of Cyprus' bailout deal tarnished the metals safe haven appeal to investors. The SPDR Gold Trust ETF (GLD) has fallen roughly 4.5 percent year-to-date, while the Market Vectors Gold [...]
JOHANNESBURG, March 18, 2013 /CNW/ - Gold Fields Limited (JSE, NYSE, NASDAQ, Dubai: GFI) is pleased to announce the appointment of three new senior executives to the company's Executive Committee.Kgabo Moabelo has been promoted to Gold Fields' Managing Executive, South Africa. He was previously the Executive Vice-President for People and [...]
LONDON, March 1, 2013 /PRNewswire/ --Gold prices posted a loss of 5% in February as investors continued to pull money out of safe haven assets. This was the fifth straight monthly loss for gold. The SPDR Gold Trust (ETF) (NYSE: GLD) saw a record monthly outflow of 73.606 tons in February. Declining gold prices is a concern for gold mining companies [...]
JOHANNESBURG, Feb. 14, 2013 /CNW/ - Gold Fields Limited (NYSE & JSE, NASDAQ Dubai: GFI) today announced net earnings for the December quarter of R546 million compared with R1,424 million in the September quarter and R2,605 million in the December 2011 quarter. Net earnings from continuing operations for the December quarter amounted to R382 [...]
On November 29, 2012, Gold Fields announced the creation of a new South African gold mining company. The ADR shares of Sibanye Gold will be spun out from Gold Fields ADR on a 1-for-4 basis (each ADR of Sibanye Gold will represent 4 ordinary shares). The spunout ADR's of Sibanye Gold will be added to the S&P/TSX Global Mining, Global Gold and Equal [...]
JOHANNESBURG, Feb. 13, 2013 /CNW/ - The Chair of Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI), Dr Mamphela Ramphele, has announced her resignation from the Company's Board of Directors with immediate effect. Dr Ramphele has decided to retire as Chair to further her socio-economic and political work. She has resigned from most of [...]
Gold Fields announced on 29 November 2012, the creation of a new South African gold mining champion, through the unbundling of its 100% subsidiary, Sibanye Gold, formerly known as GFI Mining South Africa Proprietary Limited. Today, 11 February 2013, Sibanye Gold was listed on the JSE and began trading at around R14/share, giving it a market [...]
Gold's appeal as a safe haven increased Wednesday as nation's gross domestic product unexpectedly shrank in the fourth quarter. "Gold is reasserting itself as a flight to quality asset," said Adam Klopfenstein, senior market strategist with Archer Financial. Five Star Equities examines the outlook for companies in the Gold Industry and provides [...]
