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Yesterday, Gold Fields reaffirmed its commitment to South Africa’s long-term growth through a R1.714 billion investment pledge for 2026 and 2027, announced at the Sixth South Africa Investment Conference (SAIC 2026) in Sandton.
The investment supports our South Deep Expansion Project, and will focus on infrastructure development, early access to new mining areas and the expansion of our renewable energy capacity. The project forms part of our strategy to sustainably grow one of South Africa’s most significant gold assets. It is expected to ramp up gold production from 309Koz in 2025 to approximately 338Koz in 2027, reaching 400Koz by 2030.
Opening the conference, President Cyril Ramaphosa emphasised the importance of turning investment pledges into real projects that drive inclusive economic growth, job creation and long-term recovery. Just over 70% of South Deep’s investment will go to local business – injecting R1.23bn into the local economy.
Our company has deep roots in South Africa. Our SAIC 2026 investment pledge reflects our confidence in South Africa’s future and the creation of enduring value beyond mining through inclusive growth, job creation and poverty reduction.
