Gold Fields expects headline earnings rise

📆 04/08/2022 22:31:00
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Miner flags greater production volumes and higher gold price

Gold Fields, one of the world’s biggest gold miners, says it expects a bump in its profits for the first half of 2022 because of greater production volume and a higher gold price.

The miner, with operations in SA, West Africa, Australia and Peru, sees headline earnings per share rising 24%-33% year on year to $0.56-$0.60 for the six months to end-June. Its Heps increased ninefold from $0.05 in the same reporting period in 2019...

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