Gold Fields Profit Drops as It Cuts Output Targets
Bloomberg reported that Gold Fields (NYSE:GFI) lowered its production targets for 2012 due to technical difficulties.
Articles Tagged "nyse:gfi"
Gold Fields Puts More Money into Chucapaca
Mining Weekly reported that Gold Fields (NYSE:GFI) is investing more initial funds into the Peru-based Chucapaca project.
Gold Fields Buys Stake in Gold Project in Philippines
Reuters reported that Gold Fields (NYSE:GFI) made a down payment to exercise its option for a 40% stake in a Philippines-based gold-copper project.
Ghana Raises Taxes On Gold Mining Companies: Resource Nationalism
Ghana has increased taxes on miners hoping to extract more revenue from its gold resources. This trend of resource nationalism is considered business risk #1 for miners in 2011-12.
Gold Fields Says Ghana’s Windfall Tax Plans Could Halt $1 Billion Projects
Bloomberg reported that proposed increases to mining tariffs in Ghana could mean Gold Fields (NYSE:GFI) will cancel expansion plans in the country.
Gold Fields Profit Increases 15% as Global Economic Concerns Boost Prices
Bloomberg reported that Gold Fields (NYSE:GFI) is enjoying higher profits on increased production and rising gold prices.
South Africa’s Gold Fields June Quarter Gold Output Up 5% from Q1
Platts reported that second quarter production for Gold Fields (NYSE:GFI) should be up 5% from the previous quarter.
Gold Fields Limited: Costs Contained Despite Seasonal Decline in Production
Gold Fields Limited (NYSE:GFI,JSE:GFI) announced that despite a decline in gold production the company managed its expenses well.
Gold Fields Sees Production Down from Previous Quarter
Reuters Africa reported that gold production from Gold Fields (NYSE:GFI) was lower than expected.
Western Australia Gold Rush
About 60 percent of Australia’s gold resources are located in Western Australia, with the remainder in all other States and the Northern Territory. According to USGS estimates, Australia hosts approximately 11 percent of the world’s economic gold resources and is ranked second after South Africa.
