Gold Fields

All-in Costs

World Gold Council Industry Standard

          United States Dollars                      
                  South
Africa
Region 
  West Africa
Region 
  South
America
Region 
                      Ghana    Peru 
Figures in millions unless otherwise stated   Total
Group
Including
Equity
Accounted
Joint
Venture 
  Total
Mine
Operations
Including
Equity
Accounted
Joint
Venture 
  Total
Mine
Operations
Excluding
Equity
Accounted
Joint
Venture 
  South 
Deep 
  Total    Tarkwa    Damang    Asanko 45%    Cerro
Corona 
Cost of sales Six months to June 2021    (913.6)   (913.6)   (858.0)   (151.5)   (324.7)   (157.5)   (111.7)   (55.5)   (83.9) 
before gold inventory change Six months to Dec 2020    (858.1)   (858.1)   (802.3)   (124.7)   (324.0)   (138.5)   (129.7)   (55.8)   (78.8)
and amortisation and depreciation  Six months to June 2020    (803.8)   (803.8)   (752.5)   (102.5)   (310.7)   (156.0)   (103.3)   (51.3)   (79.5)
Gold inventory change  Six months to June 2021    26.5    26.5    26.6    3.7    36.5    0.1    36.5    (0.1)   (7.3) 
  Six months to Dec 2020    83.6    83.6    80.3    (1.0)   68.2    3.7    61.1    3.4    3.1 
  Six months to June 2020    (5.2)   (5.2)   (14.8)   (0.8)   3.6    (6.1)   0.1    9.6    0.8 
Royalties  Six months to June 2021    (58.8)   (58.8)   (54.1)   (1.1)   (32.8)   (18.5)   (9.6)   (4.6)   (2.6) 
  Six months to Dec 2020    (62.0)   (62.0)   (57.3)   (1.2)   (34.2)   (19.3)   (10.2)   (4.8)   (2.9)
  Six months to June 2020    (52.4)   (52.4)   (47.7)   (0.8)   (28.3)   (17.9)   (5.8)   (4.6)   (2.7)
Realised Six months to June 2021    (1.3)   (1.3)   (1.3)   –    (1.0)   (0.6)   (0.4)   –    – 
gains/(losses) on Six months to Dec 2020    (5.8)   (5.8)   (5.8)   –    (3.9)   (2.5)   (1.4)   –    – 
commodity cost hedges  Six months to June 2020    (4.4)   (4.4)   (4.4)   –    (2.9)   (2.2)   (0.7)   –    – 
Community/social Six months to June 2021    (8.1)   (8.1)   (8.1)   (0.9)   (5.5)   (3.8)   (1.7)   –    (1.7) 
responsibility Six months to Dec 2020    (8.5)   (8.5)   (8.5)   (0.2)   (5.2)   (3.4)   (1.8)   –    (3.2)
costs  Six months to June 2020    (3.9)   (3.9)   (3.9)   (0.5)   (2.7)   (2.5)   (0.2)   –    (0.7)
Non-cash Six months to June 2021    (6.4)   (2.9)   (2.9)   (0.2)   (1.1)   (1.0)   (0.1)   –    (0.7) 
remuneration – Six months to Dec 2020    (7.5)   (3.6)   (3.6)   (0.1)   (1.4)   (1.3)   (0.1)   –    (0.8)
share-based payments  Six months to June 2020    (6.8)   (2.9)   (2.9)   0.7    (1.5)   (1.6)   0.1    –    (0.7)
Cash remuneration
Six months to June 2021    (10.9)   (10.1)   (10.1)   (0.3)   (3.1)   (2.4)   (0.7)   –    (0.5) 
(Long-term Six months to Dec 2020    (23.8)   (20.0)   (20.0)   (3.9)   (6.8)   (4.6)   (2.2)   –    (1.0)
incentive plan) Six months to June 2020    (25.4)   (21.7)   (21.7)   (2.2)   (5.9)   (4.2)   (1.7)   –    (4.3)
Other  Six months to June 2021    (1.5)   (1.5)   (1.5)   –    (1.5)   (1.5)   –    –    – 
  Six months to Dec 2020    (0.6)   (0.6)   (0.6)   –    (0.6)   –    (0.6)   –    – 
  Six months to June 2020    (0.4)   (0.4)   (0.4)   –    (0.4)   –    (0.4)   –    – 
By-product credits  Six months to June 2021    109.2    109.2    109.0    0.3    1.2    0.9    0.1    0.2    106.4 
  Six months to Dec 2020    83.8    83.8    83.6    0.4    1.1    0.9    0.1    0.2    81.2 
  Six months to June 2020    64.5    64.5    64.3    0.2    0.7    0.5    –    0.2    62.9 
Rehabilitation Six months to June 2021    (10.1)   (10.1)   (9.9)   –    (3.9)   (2.5)   (1.2)   (0.3)   (3.3) 
amortisation and Six months to Dec 2020    (12.4)   (12.4)   (12.3)   (0.1)   (4.4)   (3.1)   (1.2)   (0.1)   (3.2)
interest  Six months to June 2020    (12.2)   (12.2)   (12.1)   (0.1)   (4.3)   (3.2)   (1.0)   (0.1)   (3.5)
Sustaining capital Six months to June 2021    (266.4)   (266.1)   (261.3)   (20.0)   (118.4)   (107.7)   (5.9)   (4.8)   (7.1) 
expenditure  Six months to Dec 2020    (236.3)   (236.1)   (228.6)   (29.9)   (97.3)   (79.7)   (10.1)   (7.5)   (14.7)
  Six months to June 2020    (185.7)   (184.8)   (179.3)   (14.0)   (76.6)   (67.5)   (3.7)   (5.4)   (8.9)
Lease payments  Six months to June 2021    (54.6)   (53.5)   (49.9)   (0.1)   (24.1)   (14.5)   (6.0)   (3.6)   (0.7) 
  Six months to Dec 2020    (56.9)   (56.1)   (52.5)   (0.1)   (30.7)   (18.9)   (8.3)   (3.6)   (0.5)
  Six months to June 2020    (34.9)   (33.8)   (31.5)   (0.1)   (13.7)   (7.7)   (3.7)   (2.4)   (0.6)
All-in sustaining costs Six months to June 2021    (1,195.9)    (1,190.3)    (1,121.5)    (170.1)    (478.4)    (309.1)    (100.6)    (68.7)    (1.4) 
Six months to Dec 2020    (1,104.5)   (1,095.8)   (1,027.6)   (160.7)   (439.2)   (266.6)   (104.4)   (68.2)   (20.8)
  Six months to June 2020    (1,070.6)   (1,061.0)   (1,007.0)   (120.0)   (442.7)   (268.3)   (120.4)   (54.0)   (37.3)
Realised Six months to June 2021    23.2    –    –             
gains/losses on Six months to Dec 2020    5.2    –    –    –    –    –    –    –    – 
capital cost hedges  Six months to June 2020    –    –    –    –    –    –    –    –    – 
Non-cash remuneration (sharebased
payments)
Six months to June 2021    (0.1)   –    –             
  Six months to Dec 2020    (0.2)   –    –    –    –    –    –    –    – 
  Six months to June 2020    –    –    –    –    –    –    –    –    – 
Cash remuneration (Long-term
incentive plan)
Six months to June 2021    (0.6)   –    –             
  Six months to Dec 2020    (2.1)   –    –    –    –    –    –    –    – 
  Six months to June 2020    –    –    –    –    –    –    –    –    – 
Lease payments  Six months to June 2021    (2.7)   –    –             
  Six months to Dec 2020    (0.9)   –    –    –    –    –    –    –    – 
  Six months to June 2020    –    –    –    –    –    –    –    –    – 
Exploration, Six months to June 2021    (19.7)   (6.6)   (4.1)   –    (5.8)   –    (3.3)   (2.4)   (0.8) 
feasibility and Six months to Dec 2020    (14.7)   (3.1)   (0.9)   –    (2.2)   –    –    (2.2)   (0.9)
evaluation costs  Six months to June 2020    (22.1)   (2.2)   (0.5)   –    (1.7)   –    –    (1.7)   (0.5)
Non-sustaining Six months to June 2021    (198.7)   (65.5)   (60.9)   (9.5)   (8.8)   –    (4.3)   (4.6)   (11.7) 
capital expenditure  Six months to Dec 2020    (129.7)   (52.5)   (41.4)   (4.6)   (12.4)   –    (1.4)   (11.1)   (15.8)
  Six months to June 2020    (63.1)   (43.7)   (36.5)   (0.7)   (11.9)   –    (4.7)   (7.2)   (10.5)
Total all-in cost  Six months to June 2021    (1,394.5)   (1,262.3)   (1,186.6)   (179.5)   (493.0)   (309.1)   (108.2)   (75.8)   (13.9) 
  Six months to Dec 2020    (1,246.9)   (1,151.4)   (1,070.0)   (165.2)   (453.8)   (266.6)   (105.7)   (81.4)   (37.6)
  Six months to June 2020    (1,155.8)   (1,106.9)   (1,044.0)   (120.7)   (456.3)   (268.3)   (125.0)   (62.9)   (48.3)
Total all-in Six months to June 2021    (1,195.9)   (1,190.3)   (1,121.5)   (170.1)   (478.4)   (309.1)   (100.6)   (68.7)   (1.4) 
sustaining cost  Six months to Dec 2020    (1,104.5)   (1,095.8)   (1,027.6)   (160.7)   (439.2)   (266.6)   (104.4)   (68.2)   (20.8)
  Six months to June 2020    (1,070.6)   (1,061.0)   (1,007.0)   (120.0)   (442.7)   (268.3)   (120.4)   (54.0)   (37.3)
Gold only ounces Six months to June 2021    1,094.5    1,094.5    1,042.2    124.4    442.7    256.9    133.5    52.3    43.3 
sold – (000 ounces) Six months to Dec 2020    1,141.4    1,141.4    1,089.9    129.1    441.3    254.6    135.2    51.6    52.0 
  Six months to June 2020    1,085.0    1,085.0    1,026.9    97.8    417.6    271.7    87.8    58.1    68.1 
AISC per ounce of
Six months to June 2021    1,093    1,087    1,076    1,368    1,081    1,203    753    1,314    31 
gold sold US$/oz Six months to Dec 2020    968    960    943    1,245    995    1,047    772    1,322    400 
  Six months to June 2020    987    978    981    1,227    1,060    988    1,371    929    547 
Total all-in cost  Six months to June 2021    (1,394.5)   (1,262.3)   (1,186.6)   (179.5)   (493.0)   (309.1)   (108.2)   (75.8)   (13.9) 
  Six months to Dec 2020    (1,246.9)   (1,151.4)   (1,070.0)   (165.2)   (453.8)   (266.6)   (105.7)   (81.4)   (37.6)
  Six months to June 2020    (1,155.8)   (1,106.9)   (1,044.0)   (120.7)   (456.3)   (268.3)   (125.0)   (62.9)   (48.3)
Gold only ounces Six months to June 2021    1,094.5    1,094.5    1,042.2    124.4    442.7    256.9    133.5    52.3    43.3 
sold – (000 ounces) Six months to Dec 2020    1,141.4    1,141.4    1,089.9    129.1    441.3    254.6    135.2    51.6    52.0 
  Six months to June 2020    1,085.0    1,085.0    1,026.9    97.8    417.6    271.7    87.8    58.1    68.1 
AIC per ounce of Six months to June 2021    1,274    1,153    1,139    1,444    1,114    1,203    810    1,448    321 
gold sold US$/oz  Six months to Dec 2020    1,092    1,009    982    1,280    1,028    1,047    782    1,579    722 
  Six months to June 2020    1,065    1,020    1,017    1,234    1,093    988    1,425    1,083    709 


             United States Dollars     
Figures in millions unless otherwise stated    Total    Australia
Region
Corporate 
and 
projects 
 
  Australia
  St Ives    Agnew    Granny  Smith    Gruyere
50% 
 
Cost of sales before gold inventory change and amortisation and depreciation  Six months to June 2021    (353.4)   (128.5)   (83.7)   (97.8)   (43.3)   –   
Six months to Dec 2020    (330.6)   (125.4)   (78.2)   (89.2)   (37.8)   –   
Six months to June 2020    (311.0)   (115.3)   (79.1)   (81.0)   (35.6)   –   
Gold inventory change  Six months to June 2021    (6.3)   (8.0)   (5.1)   1.1    5.7    –   
Six months to Dec 2020    13.3    14.9    (5.5)   3.2    0.7    –   
Six months to June 2020    (8.7)   (8.3)   0.1    (0.1)   (0.4)   –   
Royalties  Six months to June 2021    (22.3)   (8.7)   (5.2)   (5.6)   (2.8)   –   
Six months to Dec 2020    (23.7)   (9.0)   (5.8)   (6.0)   (2.9)   –   
Six months to June 2020    (20.6)   (8.1)   (4.3)   (5.5)   (2.7)   –   
Realised gains/losses on commodity cost hedges  Six months to June 2021    (0.3)   (0.1)   (0.1)   (0.1)   –    –   
Six months to Dec 2020    (1.9)   (0.9)   (0.6)   (0.4)   –    –   
Six months to June 2020    (1.5)   (0.7)   (0.5)   (0.3)   –    –   
Community/social
responsibility costs 
Six months to June 2021    –    –    –    –    –    –   
Six months to Dec 2020    –    –    –    –    –    –   
Six months to June 2020    –    –    –    –    –    –   
Non-cash remuneration - share-based payments  Six months to June 2021    (1.0)   (0.3)   (0.2)   (0.3)   (0.1)   (3.5)  
Six months to Dec 2020    (1.3)   (0.4)   (0.3)   (0.4)   (0.2)   (3.9)  
Six months to June 2020    (1.5)   (0.3)   (0.3)   (0.4)   (0.4)   (3.8)  
Cash remuneration (Long-term incentive plan) Six months to June 2021    (6.2)   (1.8)   (1.2)   (1.9)   (1.3)   (0.8)  
Six months to Dec 2020    (8.4)   (3.1)   (2.0)   (2.3)   (0.9)   (3.7)  
Six months to June 2020    (9.2)   (3.3)   (2.4)   (2.7)   (0.8)   (3.7)  
Other  Six months to June 2021    –    –    –    –    –    –   
Six months to Dec 2020    –    –    –    –    –       
Six months to June 2020    –    –    –    –    –    –   
By-product credits  Six months to June 2021    1.3    0.6    0.2    0.1    0.4       
Six months to Dec 2020    1.1    0.6    0.2    0.1    0.3    –   
Six months to June 2020    0.7    0.3    0.1    0.1    0.2    –   
Rehabilitation amortisation
and interest 
Six months to June 2021    (2.9)   (0.9)   (0.5)   (0.7)   (0.8)   –   
Six months to Dec 2020    (4.8)   (1.9)   (0.9)   (1.1)   (0.9)   –   
Six months to June 2020    (4.3)   (1.7)   (0.8)   (1.0)   (0.8)   –   
Sustaining capital expenditure  Six months to June 2021    (120.7)   (45.3)   (28.1)   (26.1)   (21.2)   (0.3)  
Six months to Dec 2020    (94.2)   (28.4)   (21.8)   (26.7)   (17.3)   (0.2)  
Six months to June 2020    (85.3)   (33.6)   (21.7)   (20.6)   (9.5)   (0.9)  
Lease payments  Six months to June 2021    (28.6)   (4.1)   (8.6)   (10.6)   (5.2)   (1.1)  
Six months to Dec 2020    (24.8)   (4.2)   (8.0)   (7.9)   (4.7)   (0.8)  
Six months to June 2020    (19.4)   (3.3)   (5.6)   (6.4)   (4.2)   (1.1)  
All-in sustaining costs  Six months to June 2021    (540.4)   (197.3)   (132.6)   (141.9)   (68.6)   (5.7)  
Six months to Dec 2020    (475.2)   (157.9)   (122.8)   (130.7)   (63.7)   (8.6)  
Six months to June 2020    (461.0)   (174.2)   (114.6)   (118.0)   (54.2)   (9.6)  
Realised gains/losses on capital cost hedges  Six months to June 2021                        23.2   
Six months to Dec 2020    –    –    –    –    –    5.2   
Six months to June 2020    –    –    –    –    –    –   
Non-cash remuneration (share-based payments) Six months to June 2021                        (0.1)  
Six months to Dec 2020    –    –    –    –    –    (0.2)  
Six months to June 2020    –    –    –    –    –    –   
Cash remuneration (Long-term incentive plan) Six months to June 2021                        (0.6)  
Six months to Dec 2020    –    –    –    –    –    (2.1)  
Six months to June 2020    –    –    –    –    –    –   
Lease payments  Six months to June 2021                        (2.7)  
Six months to Dec 2020    –    –    –    –    –    (0.9)  
Six months to June 2020    –    –    –    –    –    –   
Exploration, feasibility and evaluation costs  Six months to June 2021    –    –    –    –    –    (13.2)  
Six months to Dec 2020    –    –    –    –    –    (11.5)  
Six months to June 2020    –    –    –    –    –    (19.9)  
Non-sustaining capital expenditure  Six months to June 2021    (35.4)   (5.9)   (14.3)   (14.5)   (0.8)   (133.2)  
Six months to Dec 2020    (19.6)   (7.7)   (3.7)   (7.6)   (0.6)   (77.3)  
Six months to June 2020    (20.7)   (3.9)   (4.7)   (11.5)   (0.6)   (19.4)  
Total all-in cost  Six months to June 2021    (575.9)   (203.2)   (146.8)   (156.4)   (69.4)   (132.2)  
Six months to Dec 2020    (494.8)   (165.5)   (126.5)   (138.3)   (64.4)   (95.5)  
Six months to June 2020    (481.7)   (178.1)   (119.4)   (129.5)   (54.7)   (48.9)  
Total all-in sustaining cost  Six months to June 2021    (540.4)   (197.3)   (132.6)   (141.9)   (68.6)   (5.7)  
Six months to Dec 2020    (475.2)   (157.9)   (122.8)   (130.7)   (63.7)   (8.6)  
Six months to June 2020    (461.0)   (174.2)   (114.6)   (118.0)   (54.2)   (9.6)  
Gold only ounces sold - (000 ounces) Six months to June 2021    484.1    188.5    112.5    122.6    60.6    –   
Six months to Dec 2020    519.0    196.7    128.0    131.3    63.0    –   
Six months to June 2020    501.5    197.1    105.5    133.9    65.0    –   
AISC per ounce of gold sold US$/oz  Six months to June 2021    1,116    1,047    1,178    1,158    1,133    –   
Six months to Dec 2020    916    803    960    996    1,012    –   
Six months to June 2020    919    884    1,086    881    833    –   
Total all-in cost  Six months to June 2021    (575.9)   (203.2)   (146.8)   (156.4)   (69.4)   (132.2)  
Six months to Dec 2020    (494.8)   (165.5)   (126.5)   (138.3)   (64.4)   (95.5)  
Six months to June 2020    (481.7)   (178.1)   (119.4)   (129.5)   (54.7)   (48.9)  
Gold only ounces sold - (000 ounces) Six months to June 2021    484.1    188.5    112.5    122.6    60.6    –   
Six months to Dec 2020    519.0    196.7    128.0    131.3    63.0    –   
Six months to June 2020    501.5    197.1    105.5    133.9    65.0    –   
AIC per ounce of gold sold US$/oz  Six months to June 2021    1,189    1,078    1,305    1,276    1,146    –   
Six months to Dec 2020    953    842    989    1,054    1,022    –   
Six months to June 2020    960    904    1,131    967    842    –