Tragically we had to report two fatalities in the first six months of this year (H1 2024). We again extend our deepest condolences to the families and loves ones of our deceased colleagues.
Our operational performance was disappointing with attributable production declining by 20% due to unplanned events, the delayed ramp-up at Salares Norte and the backfill issues at South Deep.
In line with our dividend policy of paying out between 30% - 45% of normalised profit as dividends, we are pleased to declare an interim dividend of 300 SA cents per share (40% of normalised earnings) (H1 2023: 325 SA cents per share or 35% of normalised earnings).
918,000oz
attributable production
US$1,745/oz
all-in sustaining costs
US$2,060/oz
all-in costs
US$355m
normalised earnings*
US$321m
adjusted free cash flow from operations
US$58m
adjusted free cash outflow**
300 SA cents
interim dividend per share
* | Profit excluding gains and losses on foreign exchange, financial instruments and non-recurring items after taxation and non-controlling interest effect |
** | Cash flow from operating activities less net capital expenditure, environmental payments, lease payments and redemption of Asanko preference shares. |
JOHANNESBURG, 23 August 2024: Gold Fields Limited (NYSE & JSE: GFI) announced profit attributable to owners of the parent for the six months ended 30 June 2024 of US$389m (US$0.43 per share). This compared with profit of US$458m (US$0.51 per share) for the six months ended 30 June 2023.
A gross interim dividend of 300 SA cents per share is payable on 16 September 2024.