Gold Fields Q1 2013 Guidance Update
Johannesburg, 3 April 2013: Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) today announced that attributable Group production for the new Gold Fields, excluding any contribution from Sibanye Gold, for the March 2013 quarter (Q1 2013) is expected to be 476,000 gold-equivalent ounces. Cash costs are expected to be approximately US$830/oz and NCE is expected to be approximately US$1,290/oz.
This performance from the new Gold Fields is in-line with the production guidance for 2013 of between 1,825,000 and 1,900,000 ounces and the cash cost and NCE guidance of US$860/oz and US$1,360/oz respectively.
When Gold Fields reports its results for Q1 2013, it will, for accounting reasons, have to include two months of production (January and February 2013) from Sibanye Gold. On that basis production is expected to be reported as approximately 662,000 gold-equivalent ounces. Total cash costs are expected to be approximately US$915/oz and NCE US$1,325/oz.
Gold Fields will release its results for Q1 2013 on Friday, 10 May 2013.
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