Gold Fields (GFI) has released an update.
Gold Fields Limited reported a challenging first quarter in 2024 with an 18% year-on-year decrease in gold production and a significant rise in all-in sustaining costs to US$1,738 per ounce. The company faced multiple setbacks including two fatalities, weather-related disruptions, and operational issues across several mines. Despite these challenges, Gold Fields remains focused on safety improvements, maintaining production and cost targets, and progressing towards its 2030 ESG goals.
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