Gold Majors Struggle to Reign in Costs
Cost inflation, combined with a lower gold price, is forcing major producers to make some hard decisions.
Articles Tagged "nyse:gfi"
Gold Fields Expects to Meet Q1 Guidance
Gold Fields Limited (NYSE:GFI) announced that their gold production for Q1 is in line with guidance.
Gold Fields Appoints Senior Executives
Gold Fields Limited (NYSE:GFI) has announced the appointment of three new senior executives to the company's Executive Committee.
Gold Fields and Santa Fe Gold Move Closer to Merger
Mining Weekly reported that Gold Fields Ltd. (NYSE:GFI) and Santa Fe Gold Corp. (OTCQB:SFEG) have signed a definitive merger agreement. The move is a follow up on an October agreement under which the companies decided to form a "significant" gold and silver company.
Gold Fields Limited Q4 Gold Production Falls Slightly from Q3
Gold Fields Limited (NYSE:GFI) announced that production in the December 2012 quarter (Q4 2012) is expected to be 753,000 gold equivalent ounces, down slightly from Q3. As quoted in the press release:
Gold Fields Creates New Gold Company by Unbundling Subsidiary
Gold Fields Limited (JSE:GFI,NYSE:GFI ) announced the creation of a new South African gold mining company by the unbundling of its 100% owned subsidiary, Sibanye Gold Limited.
Gold Fields Gives 15,000 Striking Workers Ultimatium
Mining Weekly reported that Gold Fields (NYSE:GFI) has told 15,000 illegally striking workers to return to work on Tuesday, or face termination.
Gold Fields Updates Q3 2012 Guidance
Gold Fields Limited (NYSE:GFI) announced its expectations for September 2012 production is 810,000 gold equivalent ounces, less than the 862,000 ounces in second quarter and 900,000 ounces for the same period in 2011.
Gold Fields Reaches Formal Agreement with NUM for South Deep Mine
Gold Fields Limited (NYSE:GFI) announced a formal agreement with the National Union of Mineworkers ("NUM") to implement a new operating model at its developing South Deep Gold Mine near Johannesburg in South Africa.
South Africa’s Mining Turmoil Spreading to Gold Miners
Platinum miners have been most affected by disgruntled laborers, but the turmoil is spreading into the gold space.
