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WATCH: How Gold Fields returned to profit

Gold Fields CEO Nick Holland talks to Business Day TV about the company’s interim results and turnaround

16 August 2019 - 09:48 Business Day TV
A miner works underground at a Johannesburg gold mine. Picture: ROBERT TSHABALALA
A miner works underground at a Johannesburg gold mine. Picture: ROBERT TSHABALALA

Gold Fields has bounced back in the first half of the year.

The miner turned net cash flow positive earlier than expected as it swung from a loss of $367m to a profit of $71m and, as a result, the interim dividend has tripled.

The company expects its cash-generating ability to increase in the second half of the year.

Business Day TV caught up with CEO Nick Holland for more detail on the turnaround. ​

Gold Fields CEO Nick Holland talks to Business Day TV about the company’s interim results and turnaround

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