Logo
Media release
Unaudited interim results
for the six months ended 30 June 2023
Solid performance despite prevailing headwinds

Gold Fields continued to build momentum in its strategy implementation by positively advancing a number of strategic initiatives in H1 2023. The Group announced two corporate actions that underline our strategic imperative of pursuing value accretive deals to grow the value and quality of our portfolio: The proposed Tarkwa/Iduapriem JV in Ghana on 16 March 2023 and the Windfall JV with Osisko Mining in Canada on 2 May 2023.

We have also accelerated a number of internally focused initiatives which will further enhance the implementation of our strategy, by unlocking the full potential of our people and assets and drive improved business value. During H1 2023 the focus was on two of these initiatives: Rolling out our culture journey, termed the "Gold Fields Way", and Asset Optimisation.

SALIENT FEATURES
US$140m
adjusted free cash flow*
US$482m
adjusted free cash flow from operations
US$1,215
per ounce of all-in sustaining cost
US$1,398
per ounce of all-in cost
1.154m
ounces of attributable production
US$454m
normalised earnings

*Cash flow from operating activities less net capital expenditure, environmental payments, lease payments and redemption of Asanko preference shares.

JOHANNESBURG, 17 August 2023: Gold Fields Limited (NYSE & JSE: GFI) announced profit attributable to owners of the parent for the six months ended 30 June 2023 of US$458m (US$0.51 per share). This compared with profit of US$510m (US$0.57 per share) for the six months ended 30 June 2022.

An interim dividend of 325 SA cents per share (gross) is payable on 11 September 2023.