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Gold Fields (NYSE:GFI) 2025 Earnings Call Presentation
Gold Fields Gold Fields (US:GFI)2025-11-12 13:00

Production and Growth - Gold Fields aims to increase production to a sustainable level of 25 Moz to 30 Moz [15] - The company anticipates sector-leading production growth, with an 8% Compound Annual Growth Rate (CAGR) over the next five years [15] - A 6% production CAGR is expected from 2024 to 2030, accompanied by margin expansion [15] - 2025 production guidance is set at 225 Moz to 245 Moz [39] Costs and Investments - All-in Sustaining Cost (AISC) for 2025 is projected to be between US$1,500/oz and US$1,650/oz [39] - All-in Cost (AIC) for 2025 is expected to range from US$1,780/oz to US$1,930/oz [39] - Discretionary capital investment of approximately US$2 billion is planned over five years (2026-2030) [56, 58] - Windfall project is estimated to require US$17 billion to US$19 billion in growth capital [53] Assets and Reserves - Tarkwa's Mineral Reserve estimate as of December 31, 2025, is 74 Moz [8, 188] - St Ives aims to reduce AISC to US$1,500/oz by 2030 and maintain approximately 35 Moz Reserve to sustain production into the 2040s [111] - South Deep's 2024 Mineral Reserves are 31 Moz [175]