Mining News

Higher output, prices lift Gold Fields’ interim earnings

JSE- and NYSE-listed Gold Fields expects its headline earnings a share for the first half of the year to be between 24% and 33% higher year-on-year, at between $0.56 and $0.60 as a result of higher production and gold prices, partially offset by higher costs.

Basic earnings a share for the period are expected to increase by between 25% to 34% year-on-year, to between $0.55 to $0.59, while normalised earnings a share are expected to be between 10% and 18% higher year-on-year, at between $0.54 and $0.58 apiece.

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