Gold Fields: Q2 - Quarter Ended 30th June 2011
JOHANNESBURG, Aug. 11, 2011 /CNW/ --
Improved Earnings Reflect Increased Production and a Higher Gold Price
JOHANNESBURG, Aug. 11, 2011 /CNW/ - Gold Fields Limited (NYSE & JSE:
GFI) today announced net earnings for the June quarter of R1,267
million compared with R1,100 million in the March quarter and earnings
of R900 million in the June 2010 quarter. In US dollar terms net
earnings for the June quarter were US$186 million, compared with US$158
million in the March quarter and earnings of US$120 million in the June
2010 quarter.
June 2011 quarter salient features:
-- Group attributable equivalent gold production of 872,000
ounces, 5 per cent higher than the March quarter;
-- Total cash cost of R177,934 per kilogram (US$816 per ounce);
-- NCE margin constant at 21 per cent;
-- Programme to acquire minorities in Peru and Ghana completed;
and
-- 5 year US$1 billion loan facility secured.
Interim dividend of 100 SA cents per share is payable on 5 September
2011.
The full results release can be viewed at http://www.goldfields.co.za
Website: http://www.goldfields.co.za
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Investor Enquiries, Zakira Amra, Tel: +2711-562-9775, Mobile: +27-79-694-0267, e-mail: zakira.amra@goldfields.co.za; Nikki Catrakilis-Wagner Tel: +2711-562-9706, Mobile: +27-83-309-6720, e-mail: nikki.catrakilis-wagner@goldfields.co.za, Willie Jacobsz, Tel: +508-839-1188, Mobile: +857-241-7127 e-mail: willie.jacobsz@gfexpl.com; Media Enquiries, Sven Lunsche, Tel: +2711-562-9763, Mobile: +27-83-260-9279, e-mail: sven.lunsche@goldfields.co.za; Gold Fields Limited, Incorporated in the Republic of South Africa, Registration number 1968/004880/06 Share code: GFI, Issuer code: GOGOF, ISIN - ZAE 000018123, Corporate Secretary, Cain Farrel, Tel: +27-11-562-9742, Fax: +27-11-562-9829, e-mail: cain.farrel@goldfields.co.za; Registered Office Johannesburg, Gold Fields Limited, 150 Helen Road Sandown, Sandton, 2196, Postnet Suite 252, Private Bag X30500, Houghton 2041, Tel: +27-11-562-9700, Fax: +27-11-562-9829, Office of the United Kingdom Secretaries London, St James's Corporate Services Limited 6 St James's Place, London SW1A 1NP, United Kingdom, Tel: +44-20-7499-3916, Fax: +44-20-7491-1989; American Depository Receipts Transfer Agent Bank of New York Mellon, BNY Mellon Shareowner Services P O Box 358516, Pittsburgh, PA15252-8516, US toll-free telephone: +1-888-269-2377, Tel: +1-201-680-6825, e-mail: shrrelations@bnymellon.com; Transfer Secretaries South Africa, Computershare Investor Services (Proprietary) Limited, Ground Floor, 70 Marshall Street Johannesburg, 2001, P O Box 61051, Marshalltown, 2107, Tel: +27-11-370-5000, Fax: +27-11-688-5248, United Kingdom, Capita Registrars, The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU, England, Tel: 0871-664-0300, [calls cost 10p a minute plus network extras lines are open 8.30am-5.30pm Mon-Fri] or [from overseas], +44-20-8639-3399, Fax: +44-20-8658-3430, e-mail: ssd@capitaregistrars.com