{"id":24029,"date":"2013-10-04T15:25:28","date_gmt":"2013-10-04T13:25:28","guid":{"rendered":"http:\/\/www.myza.co.za\/2013\/10\/gold-fields-expects-improved-production-and-costs-for-q3-2013\/"},"modified":"2013-10-04T15:25:28","modified_gmt":"2013-10-04T13:25:28","slug":"gold-fields-expects-improved-production-and-costs-for-q3-2013","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/gold-fields-expects-improved-production-and-costs-for-q3-2013\/","title":{"rendered":"Gold Fields Expects Improved Production and Costs for Q3 2013"},"content":{"rendered":"

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Johannesburg \u2013 Gold Fields Limited announced on 3 October that attributable Group production for the September 2013 quarter (Q3 2013) is expected to be 496,000 gold-equivalent ounces, which is 10% higher than the 451,000 achieved in the June 2013 quarter (Q2 2013).<\/p>\n

Cash costs are expected to be approximately US$780\/oz, which is 9% lower than the US$857\/oz achieved in Q2, and notional cash expenditure (NCE) is expected to be approximately US$1,080\/oz, 13% lower than the US$1,239\/oz achieved in Q2.<\/p>\n

Gold Fields is on track to achieve its full-year production guidance for 2013 of between 1,825,000 and 1,900,000 ounces, as well as its guidance for cash cost and NCE of US$830\/oz and US$1,240\/oz respectively, as revised on 22 August, 2013. The original cash cost and NCE guidance for 2013 was US$860\/oz and US$1,360\/oz respectively.<\/p>\n

Gold Fields will release its full results for Q3 2013 on Wednesday, 20 November 2013.<\/p>\n

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