QUOTE AND NEWS
TheStreet.com  Aug 28  Comment 
NEW YORK (TheStreet) -- Gold Fields  stock is up by 3.88% to $3.21 in late afternoon trading on Friday, as gold prices tick higher amid a decreased likelihood of a September interest rate hike.  The U.S. released strong economic data this...
TheStreet.com  Aug 21  Comment 
NEW YORK (TheStreet) -- Gold Fields stock is increasing by 2.54% to $3.64 on heavy trading volume on Friday afternoon, as gold prices continue to climb today. Gold for December delivery is gaining by 0.49% to $1,158.80 per ounce on the COMEX...
TheStreet.com  Aug 20  Comment 
NEW YORK (TheStreet) -- Shares of Gold Fields are soaring higher by 11.15% to $3.39 in mid-morning trading on Thursday, as the mining sector gets a jolt from the rally in gold prices, which is continuing from yesterday. On Wednesday, the Fed...
TheStreet.com  Aug 19  Comment 
NEW YORK (TheStreet) -- Shares of Gold Fields are gaining by 6.83% to $2.97 in late morning trading on Wednesday, as gold mining stocks get a boost from the increase in the price of the precious metal. Gold for December delivery is up by...
TheStreet.com  Aug 17  Comment 
NEW YORK (TheStreet) --Shares of Gold Fields Ltd. are higher by 3.21% to $2.73 in mid-day trading on Monday afternoon, as some mining and related stocks are driven into the green by the increase in gold prices. The price of the precious metal...
TheStreet.com  Aug 13  Comment 
NEW YORK (TheStreet) -- Shares of Gold Fields  are down by 9.37% to $2.76 in late morning trading on Thursday, as some mining and related stocks fall along with the demand for gold. Global demand for the precious metal tumbled by 12% to a six...
TheStreet.com  Aug 3  Comment 
NEW YORK (TheStreet) -- Shares of Gold Fields were falling 6.75% to $2.58 Monday as gold prices declined. U.S. gold futures for December delivery were falling 0.53% to $1,089.30 an ounce on the Comex Monday afternoon. Gold prices were down...
TheStreet.com  Jul 20  Comment 
NEW YORK (TheStreet) -- Shares of Gold Fields Ltd were slipping, down 6.17% to $2.89 in midday trading Monday, as gold prices slump to reach their lowest level in more than five years, Reuters reports. Sellers in China offloaded the precious...




 

Gold Fields NYSE:GFI is a gold producing company based in South Africa. It ranks second among South Africa's gold mining companies in terms of production (3.49 million ounces in the 12 months leading up to August 2011;[1] 3.5-3.6 million ounces in production forecast for the following year). Production comes from eight operating mines in Australia, Ghana, Peru and South Africa. It also oversees four other major resource development projects. 2P reserves (as of May 2011) total about 77 million ounces of gold equivalent out of a total resource base of 225.4 million ounces.

April 18, 2011 paid US$379 million to increase its share in Gold Fields La Cima S.A.A. (La Cima) to 98.5% from 80.7%. The 17.8% increase came from 8% more common shares and 95.1% of the company's total investment shares. Annual production by La Cima is 400,000 gold equivalent ounces mostly at its Cerro Corona gold and copper mine in Peru which has 5.3 million ounces of gold reserves.[2]

References

  1. Gold Fields 2010 Fiscal (August 5, 2011).
  2. Gold Fields Stake in Gold Fields La Cima Increases to 98.5% (April 18, 2011).
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