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Gold Fields on track to reach 2.2m oz full-year production

Gold Fields on track to reach 2.2m oz full-year production

Photo by Duane Daws

10th July 2014

By: Leandi Kolver

Creamer Media Deputy Editor

  

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JOHANNESBURG (miningweekly.com) – Gold miner Gold Fields on Wednesday announced that its attributable gold equivalent production for the three months ended June was expected to be about 547 000 gold equivalent ounces.

All-in sustaining costs (AISC) and all-in costs (AIC) were expected to be about $1 055/oz and $1 095/oz respectively. 

“With these results Gold Fields remains on track to achieve its guidance for the full-year 2014, of about 2.2-million ounces of gold equivalent production at an AISC of $1 125/oz and an AIC of $1 150/oz,” the company said.

Gold Fields would release its full results for the second quarter of the year on August 21.

Edited by Tracy Hancock
Creamer Media Contributing Editor

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