Pomerantz LLP is investigating claims on behalf of investors of Gold Fields Ltd.. . Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980. The investigation concerns whether Gold Fields and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here to join a class action] On August 14, 2018, Gold Fields announced a restructuring [...]
Gold Fields Ltd. announces a restructuring at its South Deep operation and provides a further trading statement relating to its H1 2018 results, due for release on Thursday, 16 August 2018. South Deep has had a number of operational challenges since Gold Fields acquired it in 2006. The key challenge has been the difficulty in transitioning the mine from one run with a conventional mining mindset and practices to mining [...]
Gold Fields Ltd. advises that basic earnings per share for the six months ended 30 June 2018 is expected to be at least 20% lower than the US$0.07 per share reported for the six months ended 30 June 2017 . Additional information will be provided in due course. The financial information on which this trading statement is based has not been reviewed, and reported on, by the Company's external auditors. Gold Fields is [...]
JOHANNESBURG, July 31, 2018 /PRNewswire/ -- Gold Fields Ltd. is pleased to announce the completion of the Joint Venture transaction with Asanko Gold , with Gold Fields acquiring a 50% stake in Asanko's 90% interest in the Asanko Gold Mine in Ghana. Gold Fields is expected to equity account its share in the Joint Venture, with attributable production and costs incorporated into the Group numbers from completion. Asanko's [...]
Gold Fields is pleased to announce that the Ghanaian Minister of Lands and Natural Resources has granted regulatory approval, the principal condition to closing the previously announced joint venture transaction between Gold Fields and Asanko. Completion of the transaction is now expected in early July 2018. Notes to editors About Gold Fields Gold Fields Ltd. is a globally diversified gold producer with seven [...]
JOHANNESBURG, April 25, 2018 /PRNewswire/ -- Gold Fields Ltd. is pleased to provide an operational update for the quarter ended 31 March 2018. Detailed financial and operational results are provided on a six-monthly basis i.e. at the end of June and December. For more details, please visit our website at http://www.goldfields.com About Gold Fields Gold Fields Ltd. is a globally diversified gold producer with seven [...]
JOHANNESBURG, March 29, 2018 /PRNewswire/ -- Gold Fields Ltd. is pleased to announce it has, through a wholly owned subsidiary, entered into a definitive agreement subject to certain customary conditions to form a 50:50 incorporated joint venture with Canada's Asanko Gold Inc. . The Gold Fields subsidiary has agreed to acquire a 50% stake in Asanko Gold Ghana Limited's 90% interest in the Asanko Gold Mine, associated [...]
JOHANNESBURG, March 28, 2018 /CNW/ -- Gold Fields Ltd. today published its Integrated Annual Report 2017 and a number of associated reports on its website. These are the statutory Annual Financial Report 2017, including the Governance Report, containing the audited separate and consolidated financial statements for the year ended 31 December 2017, the 2017 Mineral Resources and Mineral Reserves Supplement, the Notice to [...]
JOHANNESBURG, February 14, 2018 /PRNewswire/ -- Gold Fields Ltd. announced normalised earnings from continuing operations of US$141 million for the year ended December 2017 compared with US$190 million for the year ended December 2016. A final dividend number 87 of 50 SA cents per share is payable on 12 March 2018, giving a total dividend for the year ended December 2017 of 90 SA cents per share . For more details, please [...]
JOHANNESBURG, February 8, 2018 /PRNewswire/ -- Gold Fields Ltd. advises that headline earnings per share for the twelve months ended 31 December 2017 is expected to range from US$0.23-0.26 per share, 0% to 12% lower than the US$0.26 per share reported for the twelve months ended 31 December 2016 . The basic loss per share for FY 2017 is expected to be 110-125% lower than the earnings of US$0.20 per share reported for FY [...]
JOHANNESBURG, January 24, 2018 /PRNewswire/ -- Gold Fields Ltd. is pleased to announce the sale of its palladium-rich, polymetallic Arctic Platinum Project in northern Finland. The buyer is a Finnish subsidiary of private equity fund CD Capital Natural Resources Fund III , headquartered in London. The purchase consideration comprises US$40 million cash and royalty on all metals, with 1% capped at US$20 million and 1 [...]
TORONTO, Nov. 27, 2017 /CNW/ - Corporate International Holdings B.V. , an indirect wholly-owned subsidiary of Gold Fields Ltd. , announces that on November 21, 2017 it purchased 3,676,900 ordinary shares of Cardinal Resources Ltd. at a price of C$0.65 per Ordinary Share, for total consideration of C$2,389,985. Such Ordinary Shares were purchased in connection with a public offering of Ordinary Shares in Canada conducted [...]