BRIEF-Gold Fields Says Attributable Gold Equivalent Production For Q3 Was 557 koz

  • Reuters
  • Stock Market News
BRIEF-Gold Fields Says Attributable Gold Equivalent Production For Q3 Was 557 koz
Credit: © Reuters.

Nov 12 (Reuters) - Gold Fields Ltd GFIJ.J :

* GOLD FIELDS LTD - ATTRIBUTABLE GOLD EQUIVALENT PRODUCTION FOR Q3 2020 WAS 557KOZ, UP 7% YOY (UP 1% QOQ)

* GOLD FIELDS LTD - QTRLY ALL-IN COSTS (AIC) DECREASED BY 1% YOY (FLAT QOQ) TO US$1,070/OZ

* GOLD FIELDS LTD - FY 2020 PRODUCTION AND COST GUIDANCE REMAINS UNCHANGED FROM UPDATE IN AUGUST 2020

* GOLD FIELDS - POST QUARTER END, REPAID 2020 BOND THAT WERE OUTSTANDING FROM A COMBINATION OF CASH RESOURCES AND BY DRAWING ON OUR US$ DEBT FACILITIES

* GOLD FIELDS LTD - POTENTIAL FURTHER COVID-19 RELATED DISRUPTIONS INCREASES RISK TO GROUP PRODUCTION AND COST GUIDANCE

* GOLD FIELDS - DURING Q3 2020, THERE WAS A FURTHER DECREASE IN NET DEBT BALANCE (INCLUDING LEASES) TO US$1,159M AT 30 SEPTEMBER 2020 FROM US$1,239M

* GOLD FIELDS LTD - WE HAVE MAINTAINED VIEW THAT APPROPRIATE LEVEL OF SUSTAINING CAPITAL EXPENDITURE FOR OUR BUSINESS IS US$250-300/OZ FOR FY

* GOLD FIELDS -ATTRIBUTABLE EQUIVALENT GOLD PRODUCTION FOR 2020 EXPECTED TO BE BETWEEN 2.200MOZ AND 2.250MOZ (ORIGINAL GUIDANCE: 2.275MOZ - 2.315MOZ)

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