Gold Fields (GFI)
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Gold Fields: Shares Surge Amid Record-High Gold Prices, Still A Value
Seeking Alpha· 2024-04-09 02:01
Anthony Bradshaw In a stunning rally, both gold and gold mining companies have surged since late February. Major buying of the precious metal by central banks around the world and concerns over the growing global debt burden have drawn investors into this often risk-off commodity. Hopes for a Fed rate cut is another macro tailwind. Gold has indeed broken out technically to new all-time highs, printing north of $2300 per ounce as of early April. But this move is a bit different in that gold mining compa ...
Gold Fields (GFI) - 2023 Q4 - Annual Report
2024-03-28 15:07
As filed with the Securities and Exchange Commission on 28 March 2024 ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended 31 December 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report For the transition period from to Commission file number: 1-31318 UNITE ...
Gold Fields (GFI) Sells Its Interest in Asanko JV to Galiano
Zacks Investment Research· 2024-03-08 15:00
Gold Fields Limited (GFI) announced the completion of the previously announced sale of its interest in the Asanko joint venture in Ghana to its joint venture partner Galiano Gold Inc. (GAU) and its subsidiaries. This move aligns with Gold Fields' broader strategy to optimize its portfolio and focus on core assets.On Dec 22, 2023, the company announced that GAU would pay another Gold Fields subsidiary, Gold Fields Orogen Holding Limited ("GF Orogen") and an affiliate an aggregate cash purchase price of $15 ...
Gold Fields (GFI) - 2023 Q4 - Earnings Call Transcript
2024-02-22 18:58
Mike Fraser Cameron Needham - Bank of America Securities I mentioned cost and production performance earlier. And whilst we achieved our guidance in 2023, what is critical is that we deliver on our guidance in 2024. We delivered an adjusted free cash flow of $367 million after an operating cash flow from operations of a touch over $1 billion. Whilst we increased debt marginally, mainly to fund the Salares Norte project, our debt levels at 0.42x net debt to EBITDA are stable and healthy. Just moving on to th ...
Gold Fields Poised To Grow Its 3% Dividend With Expansion And Optimization
Seeking Alpha· 2024-01-05 09:20
Falcor Investment Thesis Gold Fields Limited (NYSE:GFI) is a gold mining company headquartered in South Africa with 2.25Moz in gold equivalent production per year and $1,381/oz in AISC (all-in sustaining costs). In addition to organic development by GFI, there are significant secular tailwinds for gold, which we discuss in our article on the modern gold market. Gold reached a historic all-time high of $2,122/oz on December 3. Gold has been a historically stable value asset, one of the few options now that T ...
Gold Fields (GFI) - 2023 Q2 - Quarterly Report
2023-08-17 16:00
Exhibit 99.1 Our operating environment remained challenging during the period, with elevated mining cost inflation and strong competition for skills in our key mining jurisdictions presenting significant headwinds. Despite these challenges, Gold Fields delivered solid operating results, with attributable production decreasing 4% (in line with plan) and all-in costs (AIC) rising only 3%. Normalised earnings decreased by 9% YoY and the Company generated free cash flow of US$140m, allowing us to declare an int ...
Gold Fields (GFI) - 2022 Q4 - Annual Report
2023-03-30 11:08
Exhibit 96.2 D FIELDS Goldfields.com Technical Report Summary of Mineral reserves and Mineral resources 31 December 2022 For Gold Fields Limited – Tarkwa Gold Mine – Ghana Page 1 | 123 Table of Contents | 1 | | Executive Summary | | --- | --- | --- | | | 1.1 | Property description and ownership . | | | 1.2 | Geology and mineralisation . | | | 1.3 | Exploration, development and operations | | | 1.4 | Mineral resource estimates . | | | 1.5 | Mineral reserve estimates | | | 1.6 | Capital and operating cost est ...
Gold Fields (GFI) - 2022 Q4 - Annual Report
2023-03-29 16:00
As filed with the Securities and Exchange Commission on 30 March 2023 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________ Form 20-F _______________________ (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended 31 December 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURIT ...
Gold Fields (GFI) Presents At The BMO Global Metals, Mining & Critical Minerals Conference,
2023-03-02 18:21
Gold Fields: BMO conference Martin Preece: Interim CEORecently commissioned 50MW solar plant at South Deep Forward Looking Statements These forward-looking statements, including among others, those relating to Gold Fields' future business prospects, financial positions, production and operational guidance, climate and ESG-related statements, targets and metrics, are necessarily estimates reflecting the best judgement of the senior management of Gold Fields and involve a number of risks and uncertainties tha ...
Gold Fields (GFI) - 2023 Q1 - Quarterly Report
2023-02-22 16:00
Exhibit 99.1 Reviewed results For the year ended 31 December 2022 2022 was an eventful year for Gold Fields, dominated by the Yamana transaction, which we terminated following a competing bid. I have stepped in as interim CEO, after the resignation of Chris Griffith in December 2022. My first commitment to our People is that of Zero Harm. Our concept of Zero Harm does not only cover physical injuries and health, but also includes the psychological well-being of our People. I will work with our teams across ...