WATCH: Gold Fields discovers the high price of heavy investing
A year of heavy investing and lacklustre output weighed on Gold Fields’ earnings. The gold miner reported a 4% drop in annual headline earnings per share (HEPS) to 24 US cents on marginal growth in production to 2.16-million ounces.
During the period, Gold Fields forked out for growth projects, a feasibility study and an impairment at its South Deep mine.
Gold Fields CEO Nick Holland spoke to Business Day TV about the company’s full-year results.
Gold Fields CEO Nick Holland talks to Business Day TV about the company’s full-year results
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