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Gold Fields posts Q1 output of 557k oz

Gold Fields posts Q1 output of 557k oz

Photo by Duane Daws

11th April 2014

By: Natalie Greve

Creamer Media Contributing Editor Online

  

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JOHANNESBURG (miningweekly.com) – JSE-listed Gold Fields has announced attributable group production for the quarter ended March 31, 2014, of some 557 000 oz of gold.

All-in sustaining costs (AISC) and all-in costs (AIC) for the first quarter of the 2014 fiscal period were expected to be about $1 095/oz and $1 115/oz respectively.

Production guidance for 2014, as published on February 13, was around 2.2-million ounces at an AISC of $1 125/oz and an AIC of $1 150/oz.

Gold Fields would release its results for the quarter on May 8.

Edited by Tracy Hancock
Creamer Media Contributing Editor

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