Directors:
C A Carolus (Chair), N J Holland
†
** (Chief Executive Officer), P A Schmidt** (Chief Financial Officer), K Ansah
#
, T P Goodlace, A R Hill
≠
, R P Menell,
D M J Ncube, S P Reid^, G M Wilson
^Australian, †British,
≠
Canadian,
#
Ghanaian, ** Executive Director
Company Secretary
: MML Mokoka
Gold Fields Limited
Reg. 1968/004880/06
150 Helen Road,
Sandown, Sandton,
2196
Postnet Suite 252
Private Bag X30500
Houghton, 2041
South Africa
Tel +27 11 562 9700
Fax +27 11 562 9838
www.goldfields.com
Investor Enquiries
Avishkar Nagaser
Tel +27 11 562 9775
Mobile +27 82 312 8692
email
Avishkar Nagaser@
goldfields.co.za
Thomas Mengel
Tel
+27 11 562 9849
Mobile +27 82 315 2832
email
Thomas.Mengel@
goldfields.co.za
Media Enquiries
Sven Lunsche
Tel +27 11 562 9763
Mobile +27 83 260 9279
email
Sven.Lunsche@
goldfields.co.za
M E D I A R E L E A S E
Trading statement for six months to 30 June 2016
Johannesburg, 19 July 2016: Gold Fields Limited (Gold Fields) (JSE,
NYSE: GFI) advises that earnings per share (EPS) for the six months
ended 30 June 2016 (H1 2016) are expected to be 1,400% (US$0.14)
higher than the US$0.00 per share reported for the six months ended
30 June 2015 (H1 2015), at US$0.14 per share. Headline earnings per
share (HEPS) for H1 2016 are expected to be 1,500% (US$0.15)
higher than the US$0.01 per share reported for H1 2015, at US$0.16
per share.
In addition, normalised earnings for the period are expected to be
1,200% (US$0.12) higher than the US$0.01 per share reported for H1
2015 at US$0.13 per share.
The increases in EPS, HEPS and normalised earnings are primarily
driven by an increase in the US$ gold price (3% YoY) and lower net
operating costs in local currencies as well as the impact of converting
these costs at weaker exchange rates. In H1 2016, the A$ was 5%
weaker YoY and the rand was 29% weaker YoY, against the US$.
Attributable gold equivalent production for Q2 2016 is expected to be
529koz (Q1 2016: 515koz), with all-in sustaining costs (AISC) of
US$1,023/oz (Q1 2016: US$961/oz) and all-in costs (AIC) of
US$1,061/oz (Q1 2016: US$986/oz).
For H1 2016, attributable gold equivalent production is expected to be
1,044koz (H1 2015: 1,036koz), with AISC of US$992/oz (H1 2015:
US$1,083/oz) and AIC of US$1,024/oz (H1 2015: US$1,108/oz).
The forecast financial information on which this trading statement is
based has not been reviewed, and reported on, by the Company’s
external auditors.
Gold Fields will release H1 2016 financial results on Thursday, 18
August 2016.
Enquiries
Investors
Avishkar Nagaser
Tel: +27 11 562-9775
Mobile: +27 82 312 8692