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Gold Fields swung to a profit last year due to higher gold prices and told investors it was embarking on a growth phase, warning it may spend more cash than it generated this year. Gold Fields has investments to make in SA at its South Deep mine, at its Damang mine in Ghana and projects in Australia and South America. It has turned its focus to the future after a period of disposing of a number of prospects as it gave full attention to generating cash from the mines it had and reducing debt.

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