INVESTORS AND MEDIA In the news

In the news

Gold Fields says its gold production, earnings up in 2021 - Kitco

Wednesday, 9 February 2022

Gold Fields (NYSE: GFI), one of the largest gold producers globally, announced today that in 2021, its attributable gold equivalent production is expected to be 2,340koz, a 5% increase YoY (2020: 2,236koz), at the upper end of the guidance range of 2,300-2,350koz.

The company added that headline earnings per share in 2021 are expected to range from US$0.88-0.94 per share (US$0.05-0.11 per share higher), which is 6% to 13% higher than the headline earnings of US$0.83 per share reported in 20220.

Basic earnings per share in 2021 are expected to range from US$0.82-0.88 per share (US$0.00- 0.06 per share higher), which is 0% to 7% higher than the basic earnings of US$0.82 per share reported in 2020.

The company's normalised earnings per share in 2021 are expected to range from US$1.02-1.08 per share (US$0.02-0.08 per share higher), which is 2% to 8% higher than the normalised earnings of US$1.00 per share reported in 2020.

All-in sustaining costs for the year is expected to be US$1,063/oz (US$1,006/oz at 2020 exchange rates) (2020: US$977/ oz), slightly higher than the guidance range of between US$1,020/oz and US$1,060/oz.

Gold Fields is a globally diversified gold producer with nine operating mines and one project in Australia, Chile, Ghana (including our Asanko Joint Venture), Peru and South Africa. It has attributable gold-equivalent Mineral Reserves of 52.1Moz and gold Mineral Resources of 116.0Moz.


Back to previous page