BRIEF-Gold Fields reports quarterly production fall of 3 pct

  • Reuters
  • Stock Market News
BRIEF-Gold Fields reports quarterly production fall of 3 pct
Credit: © Reuters.

April 26 (Reuters) - Gold Fields Ltd GFIJ.J :

* Operating update march 2017 quarter

* Attributable equivalent gold production for quarter was 3 pct lower YOY (12 pct lower QOQ) at 497koz

* All-In sustaining costs (AISC) were 6 pct higher YOY (12 pct higher QOQ) at us$1,016/oz

* All-In costs (AIC) were 13 pct higher YOY (18 pct higher QOQ) at us$1,114/oz

* Average us$ gold price achieved in quarter was 2 pct higher YOY (2 pct higher QOQ) at us$1,216/oz

* Gold production at South Deep was 1,424kg (45.8koz), down 28 pct YOY (43 pct down QOQ) for quarter

* Attributable equivalent gold production for 2017 is expected to be between 2.10 million ounces and 2.15 million ounces

* AISC seen between us$1,010 per ounce and us$1,030 per ounce Source text for Eikon: Further company coverage: GFIJ.J

(Bengaluru Newsroom)

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